InvestorsHub Logo
Followers 150
Posts 8079
Boards Moderated 3
Alias Born 03/15/2002

Re: Wolfe64 post# 100549

Thursday, 04/11/2019 10:35:38 PM

Thursday, April 11, 2019 10:35:38 PM

Post# of 106844

540 share holders total? That cant be right can it?

That is the number of shareholders that own stock in their own street name - as holder of record. Over the years, I've possessed actual certificates for various reasons. As such, I was considered a bearer. Insiders are also bearers. Those who use an actual broker - you call them up and ask them to buy a milly shares of a particular stock... generally, those shares are registered in bearer form - at least they were in the 80's. If you trade with an online broker, you will likely not be counted in this number.

BREAKING DOWN Holder Of Record

Securities can be issued in either "registered" or "bearer" form. Registered form means the issuing firm keeps records of a security's owner and mails out payments to him/her. Bearer form means the security is traded without any record of ownership; physical possession of the security is the sole evidence of ownership. Bearer form securities have largely been phased out due to their potential for misuse. Presently, securities are mostly issued in registered form.