Replies to post #19553 on Sears Holdings Corp. (fka SHLDQ)

[PennyStock Alert]

6 million traded today. WOW! And only 45 minutes in. :)

[justthefactsmam]

The float is the number of shares actually available for trading. Float is calculated by subtracting closely held shares -- owned by insiders, employees, the company's Employee Stock Ownership Plan or other major long-term shareholders -- from the total shares outstanding.


therefore, ceo and insiders DON"T own 70%of the float