[CANSLIM] FLOAT

From: luis claramunt <luclaxu@racsa.co.cr>
Subject: [CANSLIM] FLOAT
Date: Tue, 05 Nov 2002 09:27:33 -0600

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Hi,

 
While doing my weekly research I came across in Yahoo Finance with the profile for SRCL, under Ownership Institutional is appeared 123% of float.

 

A definition of float is the shares left over for possible purchase after substracting stock that is closely held (How to make money in stocks, page 33); my doubt is: who come  do they come with this 123%?

 

I need some light on it.

 

Best Regards to all,

 

Luis Claramunt

San Jose, Costa Rica
mail to: luclaxu@racsa.co.cr

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<DIV><FONT face="Comic Sans MS" size=2>Hi,</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face="Comic Sans MS" size=2>&nbsp;
<P class=MsoBodyText>While doing my weekly research I came across in Yahoo 
Finance with the profile for SRCL, under Ownership Institutional is appeared 
123% of float.</P>
<P class=MsoNormal style="TEXT-ALIGN: justify"><SPAN 
style="FONT-FAMILY: Arial">&nbsp;<?xml:namespace prefix = o ns = 
"urn:schemas-microsoft-com:office:office" /><o:p></o:p></SPAN></P>
<P class=MsoNormal style="TEXT-ALIGN: justify"><SPAN 
style="FONT-FAMILY: Arial">A definition of float is the shares left over for 
possible purchase after substracting stock that is closely held (How to make 
money in stocks, page 33); my doubt is: who come<SPAN 
style="mso-spacerun: yes">&nbsp; </SPAN>do they come with this 
123%?<o:p></o:p></SPAN></P>
<P class=MsoNormal style="TEXT-ALIGN: justify"><SPAN 
style="FONT-FAMILY: Arial">&nbsp;<o:p></o:p></SPAN></P>
<P class=MsoNormal style="TEXT-ALIGN: justify"><SPAN 
style="FONT-FAMILY: Arial">I need some light on it.<o:p></o:p></SPAN></P>
<P class=MsoNormal style="TEXT-ALIGN: justify"><SPAN 
style="FONT-FAMILY: Arial">&nbsp;<o:p></o:p></SPAN></P>
<P class=MsoNormal style="TEXT-ALIGN: justify"><SPAN 
style="FONT-FAMILY: Arial">Best Regards to all,<o:p></o:p></SPAN></P>
<P class=MsoNormal style="TEXT-ALIGN: justify"><SPAN 
style="FONT-FAMILY: Arial">&nbsp;<o:p></o:p></SPAN></P><SPAN 
style="FONT-FAMILY: Arial; FONT-SIZE: 12pt; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA">Luis 
Claramunt</SPAN></FONT></DIV>
<DIV><FONT face="Comic Sans MS" size=2><BR>San Jose, Costa Rica<BR>mail to: <A 
href="mailto:luclaxu@racsa.co.cr">luclaxu@racsa.co.cr</A></FONT></DIV></BODY></HTML>

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