New day traders quickly come up against the limits of the Pattern Day Trader (PDT) rule. Let’s look into what the rule says and different ways you can work around it, such as switching from a margin account to a cash account.
Shares of GameStop, Inc. (GME) have recently exploded due to an epic short squeeze fueled in part by social media. While analysts have long predicted the demise of the failing video game retailer, traders have piled into the stock to help continue the rally. Let’s go through GME’s financial filings and calculate the stock float ourselves.
Acorda Therapeutics, Inc. (ACOR) recently traded higher on news that it received a significant milestone payment from its partner, biotech giant Biogen International. That news, along with its low stock price, made ACOR an attractive target for day traders. Let’s examine the company’s S.E.C. filings to determine the stock float.
Shares of VivoPower International PLC (VVPR) skyrocketed over 50% intraday on news that it took a majority stake in a light electric vehicle company. This London-based power services company has a very low float that likely helped propel these gains. We’ll analyze the filings of this foreign issuer to calculate VVPR’s stock float.