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Re: DADDY FAT SAXX post# 35268

Saturday, 10/09/2010 8:58:14 PM

Saturday, October 09, 2010 8:58:14 PM

Post# of 54875
The "effective float" is at 43 million now, but I really can't pin down what that means beyond a specific definition. From what I've found out, the effective float is the amount of shares that are in the float minus those that are held by un-active investors, I guess.

http://www.accountingtools.com/article-ir-float-management

Encourage sale by large shareholders. Another difficulty is when a company has achieved a large float, but holdings are centralized in the hands of a small number of institutional investors. If these investors are not actively trading stock, then the effective float of the company may be far smaller than the standard float calculation may indicate. The IRO can meet with the larger stock holders to persuade them to sell some portion of their holdings, though an investor who is optimistic about the future performance of his holdings will be unlikely to do this.