GREY:NEVDQ - Post by User
Post by
bogfiton Dec 02, 2022 10:29am
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Post# 35146216
The joy of low float stock.
The joy of low float stock. A while back I made a change in strategy seeking to lower risk as market prospects were unclear, at least to moi. I reduced my exposure to precious metals by keeping only one exploration outfit. What I found interesting was that all three stock I held all had low float, and together gained 25% in November. I decided to put TFPM (55K) on my board and started buying on the tenth, went with AAON (166K) a few months back, and VRR (avg. vol. 51K). What really restraints trade in AAON is that it is 75% funds owned.
So, what seems to me was happening is that the low float produced increased volatility with rapid regaining of upward trend. Was the gain and low float just a coincident or the manifestation of a fundamental relationship? I don’t know.
b.