If you're right about at what price the majority own GOOG, then you know that the supply of the stock will be constrained since those that hold it with a basis of $425 or above are going to wait for it to rise (limited supply and increased demand will cause the price to rise). All of the bad news appears to be out with the worst monkey now off its back. I was actually short GOOG a few days ago and rushed a bit to cover and go long (at $372). With the click-fraud issue out of the way, I would hate to be short at this point. The stock is going to climb steadily as news of the settlement reaches everyone.