So what information can we gleam from this. If any. Do we have any idea what other is ? Quite a big chunk. Any correlation to the tiny volume we see frequently?
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I'd hazard a guess that we're well past Other of 61,801,800 shares in brokerages.
If only 200,000 Computershare accounts hold 76,038,774 plus non-conservative 50% additional stuck in IRAs (38,019,387) = 114,058,161 shares
Number of retail holders (non-Computershare account) | Number of shares | Total shares |
---|---|---|
2,000,000 | 50 | 100,000,000 |
4,000,000 | 50 | 200,000,000 |
2,000,000 | 100 | 200,000,000 |
2,000,000 | 150 | 300,000,000 |
2,000,000 | 200 | 400,000,000 |
2,000,000 | 250 | 500,000,000 |
2,000,000 | 300 | 600,000,000 |
2,000,000 | 350 | 700,000,000 |
4,000,000 | 175 | 700,000,000 |
I don't think it'd be a stretch to say 4,000,000 retail holders each hold 50 shares = 200,000,000
29,138,064 + 33,999,059 + 32,373,815 + 14,339,510 + 38,540,578 + ~60,000,000 reported short + 114,058,161 + 200,000,000 = 522,449,187
If 4,000,000 hold 175 shares = 700,000,000. 522,449,187 + additional 500,000,000 = 1,022,449,187
So with the float well and truly locked. What is the catalyst going forward? I was thinking if smc went under. Potentially the floor from that sub would overwhelm gme
When Cede numbers are revealed to be fraudulent, don't be surprised when the true values far, far exceed these estimates.