I am not sure which method of share holder count is correct.
On one hand counting Scottrade as 'one' seems pointless and not being close to an accurate count of 'owners'. The only thing that is being tracked is the number of brokerages holding a particular equity, which seems to be of little value. . .
On the other hand tallying up after each day would be a challenge as sojomy indicates . . .
From a rational and meaningful stand point it would seem that each owner would/should be counted. Just as companies do not report sales/earnings each day to keep PE ratios and EPS numbers current, it would seem that the number [1962] would be reported quarterly as is so many other financial number are reported. . . this would give enough credibility to that number so that it could be tracked and compared to other numbers reported quarterly. . .
Have no real knowledge, but this makes some sort of sense ????
KZM
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