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