According to N.A.R's estimates RME held 522MM shares of SPNG on 4/16/2009 out of an O/S of 722Million shares. So one can deduce that the float was 200 million shares on 4/16/2009.
Today we know that RME holds 66Million shares but more importantly,
Pike Owns: 142 million Insiders Own: 44 Million Signature Owns: 41 Million & Levin Owns: 41 Million
for a total of 268 million which leaves the float at -68Million (200 minus 268)shares.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.