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Microcap & Penny Stocks : Low Float Longs -- Ignore unavailable to you. Want to Upgrade?


To: JCinTC who wrote (454)7/29/1998 11:00:00 PM
From: Dave Gore  Read Replies (3) | Respond to of 711
 
Thanks......good to be "free".

had lots of time to think and DD while I was gone.....another slightly less timely one is IGHS....nice intro on the thread. This one needs more DD though. Not a low float though, but not bad at 2.2 mil and 6 out.

PS-- you guys will get a kick out of a stock that I found with 59K on the float ....UTCL (yep!) lol!

It moved up about 30 cents on 3,000 shares of buying, but this is a good example of why an ULTRA LOW FLOAT can be ridiculous. The stock is practically illiquid and you need to probably buy 2,000 shares in 4 separate trades! Nor for me. No way.

I think the term "low float" is good, but not amenic...some liquidity is nice to have and you don't get that unless you have a few hundred thousand.