InvestorsHub Logo
Followers 292
Posts 76101
Boards Moderated 3
Alias Born 03/20/2013

Re: None

Saturday, 05/11/2013 11:24:45 AM

Saturday, May 11, 2013 11:24:45 AM

Post# of 238152
MJNA's shares "FLOAT" is ~300,000 which is RELATIVELY SMALL compared to the FLOATS of MOST other penny stock companies!!!

Do a comparison yourself and verify the float count yourself!

Definition of 'Float'

1. The total number of shares publicly owned and available for trading. The float is calculated by subtracting restricted shares from outstanding shares.

2. A float can also refer to a small portion of the money supply representing a balance that is simultaneously present in a buyers and a payers account. A float results from the delay occurring between the time that a cheque is written and the money actually being deducted from the writer's account. These balances are temporarily double counted as part of the overall money supply.

I see ONE individual in here who is using MJNA's total shares count against them. Shame on you!