InvestorsHub Logo

Common_centz

02/24/18 2:27 PM

#25245 RE: MikeD #25242

The float is just over 500 mill not that ridiculous

Iluvbbs

02/24/18 5:45 PM

#25278 RE: MikeD #25242

If the share count and float were even close to accurate, the share price would not be trading like it is.

Pay attention to the Bid Ask sizes throughout the day and you very rarely see more than TOPS 2 million shares available on the bid or the offer.

If we were anything near 2 1/2 billy shares in the O/s and a float of even a billy, even at this price, you would be seeing sizes that reflect 5 to 10 MILLY shares available all the time on either side with probably just as much as AON hidden orders.

I expect a PR with the name change, symbol change and a note about something like 1 1/2 billy shares long ago were "retired" or maybe locked up in "restriction status" and our actual USABLE O/s is more like 1 Billy tops and the float is only like between 300 to 500 Milly.

LDSR just does NOT trade like a stock with an enormous share structure.

But hey, what do I know, I have only been trading stocks since you had to pick up a landline phone and call a full service broker to BUY or sell a security. The internet was not even a twinkle in AL GORES eye back then.

GLTA.

I would not be caught short on this one regardless of ridiculous share and float count due to product and leadership in the field.