I think many actual and potential shareholders don't understand how the amazingly small float amplifies favorable news impact on the SP. According to this site (see above), this company has a float of only 16.8 million shares. A definition of 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." So for we traders must deal with a supply and demand reality. With so few of these shares (little beauties) available for trading on a daily basis and the growing demand as the word on the company gets out, the SP goes up and dramatically.
I bet even people getting in now will soon be seen as having gotten in on the ground floor given its sustained rise. But I don't expect it to be a straight up move. There will have to be some leveling off or drop in share price so all the gains can be digested and it then should be ready to resume its rise. I always see those as buying opportunities.
Just my thoughts.
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