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lbdave

04/27/08 9:19 PM

#43568 RE: MinnieM #43563

I understand the float and outstanding are different. I read the float as being 5 million in this post, but penny has a post out this weekend that the estimated float is now 12.5 million.
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lbdave

04/27/08 9:22 PM

#43571 RE: MinnieM #43563

this is the one I am refering too.Posted by: penny_ta
In reply to: None Date:4/26/2008 1:51:27 AM
Post #of 7664

** UHCR - Float Estimate ~ 12.5 million

Disclaimer:
~This is based on a preliminary formula, derived from actual volumes traded.
~The estimate has been proven correct within 10% on over 20 stocks so far, but work is ongoing.
~Actual float may be higher (if stock tightly held), but unlikely to be lower.
~Float Estimate may include shorts, but more than likely will reflect recent dilution.
~Any feedback with proven float numbers is greatly appreciated.
~I want to thank clarity789 for the inspiration and knowledge.