Replies to post #11 on Western Refining, Inc. (WNR)

[golden08]

While doing some DD ive noticed something which raised a big question.
The company has 68 million shares out.
Now i was looking at the insiders and institutional holdings.
What i found was combined these holders seem to hold more shares than the company has outstanding.

Now maybe im looking at miss printed info or there is just something i cant understand here.
Can you shed some light on this?
Thanks