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Replies to #8034 on PENNY WATCH
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JJL

08/13/11 6:08 PM

#8037 RE: ticker6 #8034

Promos
http://stockpromoters.com/

DefinitionThe maximum number of shares of stock that a company can issue. It's specified initially in the company's charter, but it can be changed with shareholder approval. also called authorized shares or shares authorized.
http://www.investorwords.com/334/authorized_stock.html

What Does Outstanding Shares Mean?
Stock currently held by investors, including restricted shares owned by the company's officers and insiders, as well as those held by the public. Shares that have been repurchased by the company are not considered outstanding stock.
http://www.investopedia.com/terms/o/outstandingshares.asp

What Does Float Mean?
1. The total number of shares publicly owned and available for trading. The float is calculated by subtracting restricted shares from outstanding shares.

2. A float can also refer to a small portion of the money supply representing a balance that is simultaneously present in a buyers and a payers account. A float results from the delay occurring between the time that a cheque is written and the money actually being deducted from the writer's account. These balances are temporarily double counted as part of the overall money supply. Investopedia explains Float
For example, a company may have 10 million outstanding shares, but only seven million are trading on the stock market. Therefore, this company's float would be seven million.
Stocks with smaller floats tend to be more volatile than those with larger floats.
http://www.investopedia.com/terms/f/float.asp
You're welcome,
Jason