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Microcap & Penny Stocks : FLOATS! What's in a FLOAT?
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To: Just My Opinion who wrote (2)7/28/1998 12:10:00 PM
From: Cliff Daniel  Read Replies (1) of 10
 
Gee thanks :)

I'm heard basically two different opinions.

1) A small controlled float coupled with buying pressure shoots the price way up. IMHO, this leads to easier manipulation, thus creating a sharp decrease in price after a run-up.

2) A small controlled float couple tightly held reduces liquidity, therefore a stalemate.

Cliff
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