... or, have they just registered to dump BIDU?I.e., have they already flushed or just closed the stall door and put down the seat?If they have not dumped, then they are holding shares to sell. Any takers?
no it didn't!!!the filing said REGISTERED to sell.. they just filed it last night.. the earliest they could have sold without violating security laws is this morning.
They 1st have to register the shares to sell, then they can do it on open market or a private transaction. Probably 5 bucks under the bid to somebody like Goldman Sachs.
IMO.. GOOG probably already dumped in the first few hours this morning before the press release came out.Probably used an MM to prop it up while they dumped in large blocks. MM's proping is now over, so slowly leaking downwards. Probably other institutions filing to sell as we speak.