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JoeSmith

02/21/08 1:11 PM

#52785 RE: xZx #52783

Correct, it means the 'restricted' label has been removed.

Opinions? Have we seen enough vol since 2-15 in public trades to account for 3.3 million float increase?
Or have some of those gone directly to institutions an/or private purchases?
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JoeSmith

02/21/08 1:14 PM

#52786 RE: xZx #52783

So it could be those shares haven't moved at all, but with the 144 rule changes in effect, the restricted label was removed.
And if that is the case, then they have to be counted as float now.

These changes are new to me, so I'm just trying to figure the mechanics of how it works.