This book is really good since it takes a subject (A Stocks Float) andexplains its` important role, and gives the reader a little moreeducation on buying and selling power in the markets and this may be abrilliant new concept.

A stock's float is the total number ofshares available to the public for trading. When this total number ofshares gets traded in the market (whether over a week, a month, or ayear), you have a "float turnover". This book argues that floatturnovers are closely correlated with significant price moves. It's asimple and clear idea, made all the more persuasive by the fact thatthere's a common-sense explanation for it: a float turnover representsan complete change of ownership in who holds the stock; so if, forexample, the new owners are significantly more bullish than theprevious owners, they will be more reluctant to sell, and the pricewill rise.

Mr. Woods makes a good case that the float is arelevant piece of information, and I don't doubt that many traders willbe grateful to him for bringing this to their attention.