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MTLTrader

08/01/19 1:45 PM

#109046 RE: TenKay #109035

I never said the float is small, I said it is locked. I know several longs who own more than 10 or even 20 million shares. Then there s all the insiders friends who are in the float. All these people bought a long time ago and wont sell. The "tradable float" is small.
But you re right, it goes both ways, a few million sales bring it down quickly, but I m sure tons of people will enjoy cheaper shares (including me). Not worried in the long term.