Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : NAMX -- North American Expl.-- Que Sera Sera! -- Ignore unavailable to you. Want to Upgrade?

To: ODLAW who wrote (2966)	3/17/1998 9:28:00 PM
From: Sidney Reilly	Read Replies (1) \| Respond to of 4736

Hi odlaw, The shares issued are all the shares that have been sold by the company. The shares authorized are the number of shares the company can legally sell. The float is the estimated number of shares that are actively being traded. The shares issued can be much larger than the float because when shares are first sold by the company often (but not always) they are restricted from being sold in the market for a period of time, normally but not necesarily two years. Tridon aquired 20.5 million restricted shares. So they are not in the float. The size of the float effects us by the law of supply and demand. The smaller the supply of shares available for sale or purchase when demand increases the price will climb faster. Less shares to sell to investors, they become worth more per share. It's an auction. The more shares in the float, the higher demand needed to increase the price than a company with a smaller float. We have been told but it is not confirmed that the float is 15-20 million which is a large float. The price goes up on demand more slowly. And it's the nature of the market that any stock will fall faster than it will rise. Investors are quicker to sell when they see they are losing value. Hope that helps. Bob