I have another story which shows both sides of the floating rod scenario.......

I took my sisters hippie dope smoking boyfriend on the Detroit river for a day of smallmouth fishing. I generally lay my rods on my rod lockers along the side of the boat. Well this genius rears back for a cast, snags one of my loomis bass outfits and launches it into the river,

The vision presented to me was quite surreal. Directly in front of me, in the water and sinking, was my rod and reel. I acted very quickly and set the loomis in my hand down and reached out to grab the fast disappearing rod. Unfortunately it was just out of reach of my outstretched hand. I committed and went in after it. On the way over I kicked my other rod in the water and broke my pouch containing my keys, wallet and money clip off on the gunnel.

I managed to grab the original rod and as I was getting right side up I felt the other rod bump against my arm and I grabbed it with my other hand. At the time I couldn't figure out where the other rod had come from and thought I was grabbing the other half of a 2 piece rod. It was only later did I figure out that I must have kicked in the other rod on my way over.

I surfaced with a rod in each hand and my pouch hanging loose on the gunnel. The whole thing was surreal and I would of given quite a chunk of cash to have had a video of the whole sorry episode. I was fortunate that I got everything back.

So you are at least partially correct Pascanell.........not all Loomis rods float (but some certainly do!)