Thursday, December 16, 2021 11:07:11 AM
What are you talking about? Floating shares are just outstanding shares minus those held by company officers (insiders). (Not an exact definition).
The numbers quoted by CaptainObvious are purported to be outstanding shares, not floating shares. Are you saying that is not what they are? Or are you saying that when, according to Scotty3371, "Warrant holders are still dumping," that those shares are not appearing as part of the number of shares outstanding?
The only way your argument makes any sense is if insiders are exercising warrants, the numbers quoted by CaptainObvious are Floating Shares not Outstanding Shares, and the officers exercising those warrants are holding the shares. But then, Scotty3371 is still not making a valid argument as he is suggesting that outside investors are 'dumping warrants' because they have lost faith in the company, not that insiders are exercising warrants and holding the stock.
The numbers quoted by CaptainObvious suggest that no new shares have been created as a result of the exercise of warrants over the last month. Something that you state is expected as no expiration dates are imminent. So how does this not directly contradict what Scotty3371 is saying?
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