DHug, I was really thinking predominantly in terms of shares held vs. outstanding shares. TD Ameritrade shows us having around 22M shares outstanding. My 31K shares represents about 0.0014 (or 0.14%) of all outstanding shares. I might be a fairly average shareholder among the typical iHub poster here. The top 15 to 20 posters here combined probably hold (ballpark numbers, obviously) somewhere between 1.5% to 3% of all outstanding shares.
The typical iHub poster on this board seems to be a retail investor, maybe like me, trying to score a home run for an early retirement or some other relatively short-term (a few years maybe?) financial goal, or maybe some day traders, and of course the shorters with their agenda are sprinkled in, but their churn doesn't represent a steady percentage of shares held, so they don't really count for my assessment. Institutional investors don't seem to contribute posts here, and for all I know they might not be allowed to for legal reasons.
My intended point was that us 0.1 percenters aren't really going to move the needle much as individuals, especially compared to institutions holding several percent of outstanding shares. Even before I clicked Submit on that original post, I hoped "small potatoes" and "aren't that big a deal" wouldn't be interpreted as an insult, but I still feel it is a mathematical reality for this situation.
To your actual question... as to the extent "new investors" and "old investors" matter, old investors tend to be us longs, in for the long haul. If we all bailed at once, there would be a hit to the PPS but we've had days recently where nearly 5% of outstanding shares were traded, so that hit would be absorbed quickly. New investors, like us old, may be mathematically "small potatoes", just beginning the accrual process of Titan shares whereas old investors have been accumulating shares for years. However, the new investors are more important than the math suggests, because it means word is getting out, and some folks have the wherewithal to catch this train before it leaves the station. That word getting out can also catch the eye of a larger investor, institutional or otherwise (remember the surgeon-led private placement!) which can become mathematically significant very quickly!
Message in reply to:
You said in your post "And new investors who post here aren't that big a deal in reality (small potatoes in the grand scheme of things)" ... Another perspective is that w/o the "new" investors the "old" investors could have been S.O.L. had it not been for the additional $$ invested to keep Titan going ... If you would be so kind, please expound on the difference(s)
between "old" and "new" investors as you understand them ... ALWAYS several ways to look at life friend.
