Buying the May 25 puts here. Some 15% of the float has traded (170M shares). Might hit 250m today. Any ideas on the near term (2 week) outcome? I say longs will be exhausted and MSFT won't be happy to do anything until the share price is lower. There's still plenty of float to come onto the mkt. (MSFT is in perfect position to come in and offer 25 when this is a $20 stock. If they don't do that, they are just foolish. Lets see how long it takes yhoo longs' near term confidence to erode).