jaketheguy
52 posts
msg #38121
- Ignore jaketheguy |
9/21/2005 9:46:26 AM
Okay. Hi TRO/Avery. I'm new, but find your stuff pretty interesting.
Cheers!
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alf44
2,025 posts
msg #38122
- Ignore alf44 |
9/21/2005 10:40:38 AM
shelupinin,
you asked...
"alf44, could you explain what does "and Shares Outstanding is less than 25" mean? thanks"
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SF has a way of filtering stocks based on the number of Shares Outstanding.
"Shares Outstanding"...is the number of shares of a corporation's stock that have been issued and are in the hands of the public (but not neccesarily available for trading).
The "Float"...on the other hand, is the number of shares of a security that are both outstanding AND available for trading by the public on an Exchange.
I would prefer to use "float" but SF does not provide us with a way to screen for that...so I sometimes use the "Shares Outstanding" measure. The thought being that...fewer shares outstanding (ie. supply) will require only a moderate amount of buying (ie. demand) to move prices higher. It's a basic Supply and Demand thing.
As for SF...their Shares Outstanding criteria is represented in Millions of shares.
That is:
"Shares Outstanding is 25"...would return 25 Million
"Shares Outstanding is 100"...would return 100 Million
"Shares Outstanding is 1000"...would return 1000 Million (which is 1 Billion)
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And now you know. Hope that helped.
alf44
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jaketheguy
52 posts
msg #38123
- Ignore jaketheguy |
9/21/2005 11:22:29 AM
It is just the opposite alf44. You said:
******
"Shares Outstanding"...is the number of shares of a corporation's stock that have been issued and are in the hands of the public (but not neccesarily available for trading).
The "Float"...on the other hand, is the number of shares of a security that are both outstanding AND available for trading by the public on an Exchange.
******
You got the two mixed up. See the following for clarification:
http://www.fool.com/foolu/askfoolu/2003/askfoolu030721.htm
Cheers!
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alf44
2,025 posts
msg #38124
- Ignore alf44 |
9/21/2005 12:25:28 PM
Jeeez !
Not again !
jake...with all due respect...(why does this opening line sound familiar LOL)...
It's NOT "just the opposite"...it is EXACTLY as I described it !
My definitions are absolutely correct ! Nothing in that Fool.com article "answer" contradicts the definition(s) I gave.
Look here:
Outstanding Shares -
Stock currently held by investors, including restricted shares owned by the company's officers and insiders as well as those held by the public. Shares that have been repurchased by the company are not considered outstanding stock. They are also known as "issued shares" or "issued and outstanding".
http://www.investopedia.com/terms/o/outstandingshares.asp
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Float -
The total number of shares publicly owned and available for trading. The float is calculated by subtracting restricted shares from outstanding shares.
http://www.investopedia.com/terms/f/float.asp
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These defs are even more detailed than those I gave but ,in effect, say the same thing that I said.
Do you not agree ?
alf44
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TheRumpledOne
6,411 posts
msg #38129
- Ignore TheRumpledOne |
9/21/2005 11:58:07 PM
Hey guys... can you take your discussion to another thread PLEASE.
This thread is about LOGIC.
THANKING YOU IN ADVANCE.
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alf44
2,025 posts
msg #38133
- Ignore alf44 |
9/22/2005 11:46:38 AM
RumpledOne,
Sorry for the off topic !
Was just responding to "questions."
alf44
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TheRumpledOne
6,411 posts
msg #41572
- Ignore TheRumpledOne |
2/25/2006 1:52:11 PM
Since there are so many new people, I will POP TO THE TOP some informative threads.
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TheRumpledOne
6,411 posts
msg #49225
- Ignore TheRumpledOne |
1/13/2007 5:15:09 PM
POP TO THE TOP
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TheRumpledOne
6,411 posts
msg #56793
- Ignore TheRumpledOne |
11/16/2007 9:53:56 AM
Oldie but Goodie!
POP.
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TheRumpledOne
6,411 posts
msg #74095
- Ignore TheRumpledOne |
5/4/2009 8:36:19 PM
POP
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