(Total Views: 397)
Posted On: 03/31/2018 11:21:14 PM
Post# of 82686
Not accurate... I actually called the TA and they explained it to me a couple of years ago.
This is what I found to explain it:
Link:
https://www.quora.com/Can-public-companies-se...n-realtime
"Most retail investors (that's individuals like you and me) buy and sell stock through some sort of intermediary brokerage firm like e-trade. The name on stock certificate (street name) would be e-trade in this example, not your name.
So the actual number of listed shareholder is much lower than the number of real shareholders. Apple, for example has 2486 listed shareholders (see Apple Inc. (AAPL) Ownership Summary ), and these 2486 listed shareholders represent many, many more individual shareholders.
Apple's market cap is $309,005,221,560. That means the average listed shareholder owns $124,298,158 worth of Apple stock. Obviously, the average retail shareholder owns considerably less stock"
There for SFOR can have 7,000 shareholders. But it also changes constantly.
IF you call the TA they will be happy to explain it to you.
Hope this helps
IMO
This is what I found to explain it:
Link:
https://www.quora.com/Can-public-companies-se...n-realtime
"Most retail investors (that's individuals like you and me) buy and sell stock through some sort of intermediary brokerage firm like e-trade. The name on stock certificate (street name) would be e-trade in this example, not your name.
So the actual number of listed shareholder is much lower than the number of real shareholders. Apple, for example has 2486 listed shareholders (see Apple Inc. (AAPL) Ownership Summary ), and these 2486 listed shareholders represent many, many more individual shareholders.
Apple's market cap is $309,005,221,560. That means the average listed shareholder owns $124,298,158 worth of Apple stock. Obviously, the average retail shareholder owns considerably less stock"
There for SFOR can have 7,000 shareholders. But it also changes constantly.
IF you call the TA they will be happy to explain it to you.
Hope this helps
IMO
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