The $8.79 figure is incorrect. The shares will be sold over time at market prices. http://www.marketwatch.com/News/Sto...3E-A640-44B0-B73D-B0B741F9939C}&siteid=yhoof2
Y no one knows the price. 8.79 was the May open price and it was the one used to calculated the fees on the offering - it was included at the very top of the SEC document filed today which is why some of the news services included it incorrectly - I know I made the mistake premkt of seeing it and going nuts.
Goldman traders are laughing their asses off as they unload shares and get short while sheeple still pile in.