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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Vendit™ who wrote (3302)	1/1/2005 7:08:15 PM
From: Walkingshadow	of 8752

Hi Reid, What is the float? And do you have any info on short interest? I don't have sources for that stuff for BB stocks because I rarely trade them. Mo-mo crowd can be powerful.... if the float amounts to less than $25 - $50 million or so, that is within their reach if the average daily volume is low (as it is here). Average daily volume over the last several months has been less than 100K, which is about $400K -$500K at a stock price of $4 to $5. That's easily manipulated by the mo-mo folks. Last couple of days, volume has been more like 800K at a stock price of $10 or $11 so, which is also within reach ($8 to 11 million). It would be interesting to know how recent volume compares with the float. Mo-mos like a small float relative to average daily volume. T

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