Replies to post #97357 on Laidlaw Energy Group, Inc.(fka LLEG)

[fwayneh1]

Float = O/S - # shares owned by investors

that is incorrect, this is correct...

float = O/S - restricted shares.

You seem to be, uh, less than accurate in your definition. Learn from it.

What Does Floating Stock Mean?

Shares of a company that are freely available for purchase by investors on the secondary market. The more shares of floating stock are available, the less volatile a company’s stock price is likely to be, and vice versa.

Investopedia Says

Investopedia explains Floating Stock

Floating shares are included in the calculation of a company’s outstanding shares, along with restricted stock. Restricted stock is only available to company insiders, like employees and executives. It is not freely traded among the public and is subject to special Securities and Exchange Commission restrictions.

Read more: http://www.investopedia.com/terms/f/floating-stock.asp#ixzz1Q4f3s98j