His new 13F is out, Yahoo wont let me link, but he increased his position 4 million shares to 6.7 million shares at the end of the last quarter, which is 3.8% of the company.
13Fs are just investments that are reported quarterly. When you get to 5%, you have 10 calander days to file a 13D. Once that is filed, any changes up or down must be reported within 2 working days till the owner drops back below 5% or changes intent (files another13 series)
Silly boy. If only he'd consulted dwt first, he would have immediately realized that he coulda' waited just a little longer and bought those 4 million shares for a paltry $1.95 apiece. Makes you wonder how the heck he EVER accumulated 20 billion dollars!
Soros is a red flag. He often hedges his positions, which means he is in the issue for a defined profit. The other thing to stay alert to is his ability to buy "story stocks" on the way up, ride a goodly part of the way, and then get out before the story turns to execution. He goes when management gets to the stage when it has to prove the merits of the story.. I never like to see Soros come into a small stock because it usually means there is either a hedge opportunity generally not available to the average investor, or that he senses hype that will drive the stock higher - and he is the absolute expert at getting out ahead of the herd.