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Technology Stocks : RRRR: Rare Medium Group (soon to be) formerly ICC

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To: Daniel Miller who wrote (78)1/17/1999 2:19:00 PM
From: ztect  Read Replies (1) of 1150
 
Yes, if RRRR had a smaller float, it's price would be much higher than it is now.

Daniel, I sincerely, hope that you use more extensive criteria than the size of the float to make your investment decisions.

A small float may cause a sharp rise. However, when the demand subsides on a small float, there is another problem...and that's called a quick drop.

Once RRRR is recognized by institutional buyers, the size of the float won't matter. Retail buyers on small floats drive up prices, but they also quickly panic sell.

Sharp rises also attract shorters, so slow and steady is most of the time better than a quick and insane rise.

So please weigh the merits and advantages of what large and small floats can achieve.

ztect
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