I disagree with your statement:
"We are all bit players here! There are 120 MM shares out there and I would be very surprised if the total held by EVERYONE on the board is much more than 1 or 2%"
I can easily count on one hand the folks that I personally know, and DO post here, and their combined share holdings are about 1%. This is only a small fraction. How many people here also tell about the countless number friends and family they have gotten into SLI, and most of them trace their connections back to Murry in one way or another.
I couldn't guess the total shares held by SLI longs that are in "good hands", but it's probably a lot more than you think