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  • eoinmnm eoinmnm Jan 17, 2013 1:30 PM Flag

    ACTC Float

    Yahoo reports the float is 2.12 Billion. What does that mean to you.

    IN the American system, one billion is one thousand million, or 1 followed by nine zeros. In exponential notation, we write this as 1 * 10^9. (One times ten raised to the ninth power).

    One million is 1 followed by six zeros, and is written 1 * 10^6.

    So, one million is one-thousandth of one billion, or one-tenth of one percent. (0.1%)

    So humble investor even if you bought ONE MILLION shares of ACTC you would own approximately 0.05% of the outstanding shares.

    Thus, buy away and IMO because this company is so Watered Down you will be Outstanding somewhere with a large sign above your head reading BAGHolder.

    Best of Luck

    Sentiment: Strong Sell

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