Replies to post #1798 on ZAGG Incorporated (ZAGG)

[janice shell]

It is possible if the institutions own over 100% of the issued and outstanding and/or the float.

ONLY the float. All that means is that in your example, the institutional holders own a lot of restricted stock. Perhaps they ONLY own restricted stock.

Here's my own (theoretical) example: Stock ABCD has an o/s of 100 million shares. 75 million of those shares are restricted, so the float is 25 million. Institutions own 50 million of those shares. So institutional holdings are equal to 200% of the float.

But that doesn't mean there aren't any tradable shares.

Since institutions--in the form of financiers--usually get restricted stock in exchange for their money, it may be fairly common. But it isn't sinister, or even particularly significant. Of course, one day that stock will be freed up...