News Focus
News Focus
icon url

nathanial

03/09/07 8:49 AM

#17272 RE: stocktrendsetter #17271

stock: yes....company can only have one A/S number, one O/S number, and one float. It should put upward pressure on the price once we are listed.
icon url

livinginstyle

03/09/07 8:57 AM

#17278 RE: stocktrendsetter #17271

When you buy 100 million shares of CHNW, it takes 100 million shares out of the trading float. There's the actual float that cannot change unless the company changes it. Then there is the trading float which shrinks by the same amount that is purchased by the trading public. As the trading float shrinks, it becomes harder to buy shares without driving the price upward when volume (or interest) increases. This duel listing can only help drive the price higher with a growth stock like CHNW. Things are really getting interesting around here.