Hello frdmlover, I am posting a few links here that may help answer your question about the "float" and it's meaning.
In short, it is the number of shares of stock that can be freely traded on the company. When they refer to "freely traded", they are refering to stock that is NOT restricted (such as held by institutions or other owners totalling more than 5% of the company, restricted shares and insider holdings). So any shares that are held by you, me, your friends, etc. would be considerd part of the "float".
I hope these help. If you need more information, Googling can be a good way to find out information. I did a Google on "stock float" to find the links above.
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