Retirerich,
Thanks. I'm glad you like the thread. No, not tired of hearing from readers. The thread is for newbies so I'm always happen to read their comments when they find the thread useful.
The pennies have been very slow lately because the market is down and less folks are playing them. The fewer people trading the pennies, the less they move; and I don't think maybe folks are messing with the pennies right now.
Authorized shares (A/S) are the total number of shares the company has.
Outstanding shares (O/S) are those in the O/S plus all shares that are owned by the company, company owners, and any that have been issued. For example in a private placement, shares may be sold to an individual or perhaps shares exchanged with another company.
The float is all shares that may be traded on the open market. Shares owned by company owners, by people in private placements and swaps with another company may be restricted and therefore aren't in the float, so there might be shares in the O/S that aren't in the float but eventually they will get there when the owners sell them, after the time limit on restricted shares have expired, for example.
Penny stock companies normally do not have options so I trade options of companies on the exchanges.
Hope this helps, and thanks again.
Guapo
Quote:
Originally Posted by retirerich 
A great thread, Guapo! I just finished reading it and it took me a few days. You may be tired of hearing this but thanks very much for your efforts, this is a great thing for all investors.
The pennies seem to almost always go down so making money on them means kind of working against the tide, finding the rare spots when they go up. I decided early in the thread I wasn't going to be trading pennies but the info you give is applicable in many cases to regular stocks. I'm not saying it's the same but factors like shares outstanding, a/s, name changes, reverse splits and so on are worth watching on any stock. Also, the influence of pr's on share price, how to analyze pr statements and so on.
I have a question. I finally figured out that a/s means authorized shares but could you explain the relationship between a/s, which I guess means shares not yet distributed, o/s and the float? Are some outstanding shares not in the float and if so, how is that?
It sounds like you have shifted from pennies to options which tells me options might be easier to make money on. Not easy, just relatively easier. Are you concentrating on penny stock options or all price range options?
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