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goingUPagain

06/25/09 4:39 PM

#122233 RE: JuliaS #122229

it will pull back some, can't blame folks for taking profits. then maybe later go up again.
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Crow3

06/25/09 5:18 PM

#122273 RE: JuliaS #122229

No worry about the Product. You know about it. It is what is UNKNOWN about the stock that is worrisome.

A wee lesson...

What is Authorized stock?? It is the total numbers of stock that the company had bought permission to have when they organized and set up the company.

Outstanding?? The total number of shaes that the Company has sold or given to the public and the company insiders. It is in two categories... Restricted and Float. Restricted is the shares that are owned by insiders that cannot be sold on the open market unless the restriction is first removed.

Float is the nymber of shares that are traded on the open market...like the ones you bought from your broler.

Subtract the Outstanding from the Authorized, and that gives you the number of shares still in the company treasury.
The Company can sell treasury shares by "Private Placement" but the Buyers have to be "Qualified" by thier net worth, and the shares are "restricted". Private Placement shares are not pre-priced. The company can sell them for whatever price they can get. Usually, though at much less than the open market SP.

But not always.

The company has no control over the Float.. nor does the Company get any money from the trades of that stock. The float is traded between public shareholders...