The term FLOAT refers to the regular shares a company has issued to the public that are available for investors to trade. This figure is derived by taking a company's outstanding shares and subtracting any restricted stock, which is stock that is under some sort of sales restriction.
There is NEVER an accurate FLOAT #... Who the F cares anyway..
While the definition is a bit flexible, a stock is considered a low float stock which has fewer than 50-100 million in tradable shares.
I think that with what I know, folks I’ve meet over the years how I’ve heard who held who sold etc. This Started in Delaware and it is a Very Small State, everyone knows everyone’s business at one time probably 80 Per Cent of this stock was held locally. My guess is that we are just north of 50 Million but despite what anyone reads about 107 Million we are well under 100. This is going to be interesting but Games Will Be Played.
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