1/30 sec filing and the low volume powderkeg of a 4m adr short position
Peggy Yu 16,175,840
Li guaqing 129,503,270( includes 2,844,660 Class A common shares issuable to Dyna-Best Corp, a British Virgin Islands company wholly owned by Mr. Guoqing Li, upon its exercise of options within 60 days after December 31,2012)
Kewen 126,658,610 (includes options for 6,544,450 Class A within 60 days after 12/31/12)
That's 370,575,220 out of 420,823,520 ( 411,434,410+6,544,450+2,844,660)
That leaves 50,248,300/5 per adr.....10.04966m ADRs outstanding.
As of 9/30/12....Institutions held 9,827,046 ADRs
We will find out on Friday what the Institutional position was 12/31/12
3 of the top 15 holders have already reported and not a sell among them.
The tutes are holding 97.78% of the tradeable float
Volume down to a few hundred thousand with a massive 4th quarter under our belt and about to be announced.