I guess I'm hip to the game after so many years of watching the markets. The other day, when GOOG was rallying on the news of their S&P 500 addition I half-jokingly IM'ed to Duru something along the lines of:
This would be a great time for them to do another secondary. "You want shares? Here, take all you want..."
Well look at what just crossed the wires:
17:16 GOOG Google files 5.3 mln share registration statement (394.98 +17.78) -Update-
Who would have thunk it??? :-) That should be a nice relief for the ~20 million shares that indexers will have to buy.
