The numbers that have been quoted for public float on this board are around 13 million. This number makes no sense to me. If only a few of the many posters claiming to own big blocks of hundreds of thousands and millions are truthful, this board alone has many times this so-called public float.
I would really appreciate someone explaining this math to the board. I mentioned a few days ago that myself and another friend of mine have, together, 1.3 million. So does that mean that we control 10% of the public float? This seems ridiculous to me. We (maybe just me) must be missing something.
Some have offered as an explanation the large number of supposed naked shorts, insiders, etc. But again (and I can be dense at times), none of these add up.
Help?