Do you think the registration filing is effectively a move by Manny to put the company up for sale? You don't think he'll really sell his stock at such a low price do you? If he does, won't it be a long term positive for the stock since management will be free to run the company without interference and his meddling? Dennis Wilson is selling his 12% in Lululemon for $1.2B. Maybe he is looking for a new challenge? Dov Charney at American Apparel also is looking for something new to do. What better place than Bebe and all the hot chicks it attracts?