IGSM 5,089,000 float we are about to get paid. Lock up ypur shares...
The way to give a low floater a real boost !!! Put a sell order in for your shares @ a price you are willing to sell for. Or you put in a sell order as high as your broker will allow and keep moving it up as the share price increases. The reason you do this it stops your broker from lending your shares out. Brokers have to account for shares that have a sell order. If you do not place a sell order on your shares they lend your shares to MMs and others for a fee. This can effectively tie up a small foat. We recently did this with DND* it went from .006 to .045 in less than a week. It has not done much since because the company increased the float from 40 million to 138 million.
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