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Re: Renee post# 55536

Friday, 12/18/2009 11:04:33 AM

Friday, December 18, 2009 11:04:33 AM

Post# of 103340
The float could be 930 million and the insiders could still hold 325 million shares.

Insider holdings on Pinkies don't work in the same way. JD is not required to file forms for his ownership and the TA wont simply work out a number for the float.

When a Guardian gives out the float they take the O/S and subtract the restricted shares that are on file. If the insiders dont hold restricted shares, their holdings will still count for the float, unless they file forms.


imho