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Strategies & Market Trends : Wire to Wire Daily Stock Picking -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (2190)7/23/1999 3:41:00 PM
From: interesting man  Read Replies (1) | Respond to of 3514
 
I am going to nominate JTWO again for next week and for Monday! 900 shares in the float. $19 now, however something is up with this and it could really fly, like it is already done today.



To: Joe Copia who wrote (2190)7/24/1999 3:49:00 PM
From: Jeffrey L. Henken  Respond to of 3514
 
HOW TO FIND A STOCK'S FLOAT AT SILICON INVESTOR

The only way to be absolutely certain that you as an investor have a real float count is to check with the transfer agent of the stock in question. Most of the time this will be more effort than many of us are willing to undertake for a short term investment.

So how can we find a reasonable estimate?

Use the search engine here at Silicon Investor. If the stock has previously been entered in the Wire to Wire Daily Stock Picking Contest then you can find the float by typing in the stock's symbol and the word float. Then all you have to do is check the this thread only box. If it does not show up... then go to the dedicated thread on Silicon Investor where the stock is discussed. As such I went to the CMEC thread and found that the most recent float count discussed there was 2.4 million:

techstocks.com

It's probably higher now.

Why should an investor care? A stock with a small float can be extremely volatile. I personally like a small float because a small amount of buying will make a stock rise rapidly. Conversely such a stock can fall even faster.

This post is intended to improve all our investment results here at Silicon Investor.

Thanks, Jeff



To: Joe Copia who wrote (2190)7/24/1999 4:00:00 PM
From: Jeffrey L. Henken  Respond to of 3514
 
CMEC - Joe Copia - Float 2.4 million - 0.40 x 15/32 - #reply-10633324

finance.yahoo.com

Hope that rumor comes true for you Joe!

Thanks, Jeff