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Microcap & Penny Stocks : E-COMMERCE by JVWEB, INC. (OTCBB:JVWB) -- Ignore unavailable to you. Want to Upgrade?


To: MakeMoney who wrote (77)1/3/1999 6:27:00 PM
From: Bigscore  Read Replies (2) | Respond to of 767
 
In respect to the float, the company registered some additional shares for a financing and to employee's several months ago. That stock is held by individuals close to the company that are also interested in seeing it's ongoing success, remember float is referred to as the amount of tradable stock issued and not necessarily what is being traded.

So even though the amount of the float has increased fewer shares may actually be trading in the market. I believe that only about 300,000 are in traders or short term holder positions so the suggestion that the stock has the ability to gap with relatively little demand is a fair assessment of JVWB's market.

Float should not be the focus here, demand is, lets hope the Berlin listing along with new developments in the company create more demand, the rest will be simple mathematics.

Hope you all have great success in JVWB.