Looks like your question was answered. As for how many is too many? There is no definitive answer but I usually consider a low float stock one that has say 30 or 70 million shares available. That is pretty small. Those that have billions are usually those in the triple 0's. Usually 1-2 billion is common and higher than that is high but if the volume is there it certainly can move upward. All about supply and demand. If the supply is huge, there has to be a huge demand to absorb them to raise the pps.
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