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justthefactsmam

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justthefactsmam

Re: ~ Blue ~ post# 19553

Friday, 02/08/2019 10:25:17 AM

Friday, February 08, 2019 10:25:17 AM

Post# of 37346
The float is the number of shares actually available for trading. Float is calculated by subtracting closely held shares -- owned by insiders, employees, the company's Employee Stock Ownership Plan or other major long-term shareholders -- from the total shares outstanding.


therefore, ceo and insiders DON"T own 70%of the float
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