Hey guys, Ive been looking for the float of certain specific stocks im interesting in, but I cant seem to find this info. Does anyone know where or how I can find it? I was thinking of dividing the market cap by the current share price. would that work?
Naaa, that would give you the shares outstanding. Here's a link for ya.... for say SNAP. http://finviz.com/quote.ashx?t=snap Its over to the right side.
Float the stocks certificate in some lake, Count the seconds before the paper gets totally wet Then multiply the total seconds by 1000 That's your float to make big bucks from
Unless you're thinking of a really big trade, I don't know the "float" is especially important. Suggest you check out the "handle"... a practical proxy... share price x some average of daily volume.
Back from when I was following Spydertrader's thread about Jack Hershey methods I recall float being important for selecting stocks.
Its pretty important when evaluating the potential for a short squeeze, and also post IPO when looking at the lock-up expiration date.