Bourque Industries Inc (BORK)

[sojomy]

I still don't think that sounds right. I don't think Fidelity, Scottrade, Etrade, etc are all updating their reports of every individual shareholder of every stock every single day. That would be the only way the shareholder count would be accurate. For a small stock like BORK, it might not be a problem, but for stocks like AAPL, do you think that these big brokers are updating and reporting their shareholder counts daily? Since there are millions of shareholders and that number changes every single day, they would have to, or the shareholder count would never be accurate?

I'm not sure where someone got this <2000 shareholders number from, but look up the shareholder count on a large stock (like AAPL or C) and see if it shows thousands of shareholders, or if it shows millions of shareholders.