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Re: WardOffMonkey post# 70255

Sunday, 11/04/2007 1:30:56 PM

Sunday, November 04, 2007 1:30:56 PM

Post# of 92056
From that same link.

What exactly is a company's float?

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The term "float" refers to the regular shares that a company has issued to the public that are available for investors to transact. This figure is derived by taking a company's outstanding shares and subtracting from it any restricted stock. (Restricted stock is stock that is under some sort of sales restriction: for example, stock that is held by insiders and cannot be traded because they are in a lock-up period following an initial public offering.)

So my question. Let's say HISU has available 4 billion shares with an MM ready to be traded. What are those shares considered to be? Are they part of the float, since they are in the hand of MMs?

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