2.5 M shareholders
I recall when the article came out a little while back stating there were 2.5M ERHE sharholders (that BB references in the post I am replying to). I think this had to be a typo. There are 723M shares outstanding, and 51% of those are held by a small handful of insiders, leaving 354 M shares out in the general public. If there are really 2.5M shareholders, then the average shareholder has only 142 shares. I don't know about you guys, but everyone I know who is in this stock has hundreds of thousands of shares. If the average shareholder has 100,000 shares, then there are only 3,500 shareholders (I think most of us have much more than 100,000 shares). I seem to recall several years ago, someone came up with a list of actual shareholders, or a public record of the number of shareholders, and the number was something like 2,000-2,500. I also assume that every seperate account counts as a shareholder. I have ERHE shares in 3 separate accounts, as I am guessing many others do as well. So maybe the real count of actual human beings holding shares could be as low as 1,000.
My point is that one could guess that pretty much every retail shareholder in ERHE is reading this message board, or is talking to someone who is reading this board, and we are the primary movers of this stock. (I personally have 12 freinds and relatives in this stock who do not post here, although most do read iHub from time to time).
I tried to search for a source where I could find an official shareholder count, and was unsuccessful. Maybe one of you master DDers can dig up the real number.
