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Sunniva Inc C.SNN

Alternate Symbol(s):  SNNVF

Healthcare Biotechnology Cannabis
Sunniva Inc. is a Canada-based company. The Company is not engaged in any business.


CSE:SNN - Post by User

Sunniva Inc > Float - not what everyone thinks
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Comment by Stackinstockson Jan 25, 2018 4:26pm
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Post# 27435555

RE:RE:RE:RE:RE:Float - not what everyone thinks

RE:RE:RE:RE:RE:Float - not what everyone thinks
Marty007 wrote: Sorry for my newbie question but is it good or not ? Is it gonna influence the sp up or down ?


A low float means there is a small amount of shares available for active trading. Typically i would say it is a good thing and something I look for in companies i invest in. Due to the small amount of shares available good news typically propels share price up much faster and higher then companies with large floats. Having lots of shares locked up in escrow further reduces the amount of shares that will be available for sale. Think of Supply & Demand. 
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