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HokieHead

11/13/15 7:14 AM

#6383 RE: HokieHead #6382

OPPOSING VIEW OF SMALL FLOAT:

Institutional lenders (NASDAQ quality lenders) look to see how much the insiders own, as well as their business successes - the float is looked at only by flippers and scammers at the OTC level. Long term holders have a completely different view. (NASDAQ) quality IL's don't invest into OTC issues because of the large floats and the penny flippers. Thats why listing requirements and maintenance levels are much higher for NASDAQ and NYSE MKT. They look for growth, and when they do a secondary or an IPO when uplifting, the smaller the float, the better is for those underwriters customers. And that my friends, is the difference between an OTC mentality and a Big Board mentality.