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Re: bell345 post# 1522

Wednesday, 06/27/2007 1:15:10 PM

Wednesday, June 27, 2007 1:15:10 PM

Post# of 41960
Yes, but the market cap isn't based off of the float. It's based of the O/S which has only doubled in the past year.

So the company selling restricted shares into the float doesn't change the market or the value of people's shares. Of course, the selling itself depresses the price and it ruins the market dynamics when the float loosens up like that, but it doesn't affect the valuation when they bring up $15M in booty.