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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: scion who wrote (92320)8/24/2005 8:18:24 PM
From: jbIII  Respond to of 122087
 
Should someone tell Roddy that Mutual fund shares count in the float?

More troubling is the example of Overstock.com, which has a short position of 6.53 million shares out of 18.69 million available.

But of the available stock, about 6 million is held by CEO Patrick Byrne or a fund he controls, High Plains Investments, and another 7 million shares is held by mutual funds.

Thus the real float, or base of shares available for trading, is not more than 5.69 million shares.