Next quarterly report due in about 7 weeks is expected to be a continuation of reported earnings growth and another bump in net earnings. I am really liking the news coming out recently. Love the stock buyback announced.
OK...here is my bit of new input and I'm hoping someone can verify it. There has been some question about float size. What I had seen before showed a float around 170 mil and I knew it couldn't be that high.
When I subtracted shares owned by insiders from shares issued, and factoring in what I hold as best guess on retail ownership it shouldn't be nearly that high. Apparently the previously high float figures I've seen were based upon shares authorized and not shares issued. TD Ameritrade is reporting under Fundamentals that the float is only 56.3M. Insiders own 87% of the shares! Below is from TDA.
Share Information INIS is in a share class of common stock Float 56.3M Shares Outstanding 424.3M
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