Joe Copia's daytrades/investments and thoughts Message Board

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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: AKAPAK who wrote (5949)	6/30/1998 6:41:00 AM
From: Money Maker (MM)	Read Replies (1) of 25711

Paul, based on what I know, ADVT floating share is very low. Based on what I found on Edgar Online, Feb 23, 1998 file, www4.edgar-online.com 38,594 shares equal to 7,94% floating shares. It means for me, total floating shares are 486,000 shares. Someone said (by newsletters) he has 300,000. I have between 50K-60K shares. You can make a good guess how many shares Market Makers still have of this stock or how many shares Market Makers need this stock from the market. For me, we as investors have more power to bring this stock higher from the current price. If we as investors are able to make a strong commitment not to sell below one dollar, we can bring this stock to dollars' level soon. MM

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