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papaweird

10/09/15 12:44 PM

#262114 RE: Philly072 #262112

Maybe that is part of the game changer. Lower float is a game changer. Now we need buyers that will hold for the long haul like our long timers holding now.

KULiquidGold

10/09/15 12:46 PM

#262115 RE: Philly072 #262112

The float represents the shares of the company that are "freely" tradable. Meaning, the shares other than those held by institutions or other owners totaling more than 5% of the company, restricted shares and insider holdings.
http://www.davemanuel.com/2008/02/06/what-is-a-stocks-float-and-why-is-it-important/

Now the question is who and for what purpose!