yes the retail crowd is spooked by this shelf registration of which they have little comprehension. hence tomorrow morning you will see GOOG open with a gap down and drop further from selling pressure.
however that is a good opportunity to reload on April calls. i wish i had held onto my April 360, 370 and 380 calls. i sold those for around $30, $24 and $17 last week...but look where they are today - $42, $35, $28.
tomorrow they should be back to around where i sold them, but i will be looking at the April 400 and 430 calls.
the Apr 400 should go for about $10 tomorrow, and the 430 for $2.70-$3.00.
I think the sell off is over. Funds will buy in quickly in a.m. The real money knows earnings will be over $2 on April 20. This is a last chance at under $385. I had another stock do a dilution this week. It bounced back quickly, and there was no S&P involvement. We are used to roadblocks by now. Good luck.
Yes, it does boggle the mind that the shelf reg. is freaking people out so much. And I love the posters in here who try to analyze the minutiae of the language of the document in the attempt to spook others into panic selling.... this board amuses me to no end at times.