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Re: silverline post# 6113

Thursday, 10/04/2012 3:43:51 PM

Thursday, October 04, 2012 3:43:51 PM

Post# of 9229
IMHO float size is not gonna solve that problem. Tutes often buy in small blocks so as not to disturb share price dramatically. I recall fall of 2010 when Navellier bought a huge block after hours and the price gapped from $2.35 to $2.85 if I am correct. But if tutes buy small (10K) share blocks a 2 or 3 times a day, over a month they can accumulate without creating a huge spike, especially if they do more buying on market down days. The roughly 30M float is adequate IMHO.
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