First of all i think Schwartz will continue to exit  his position anytime the sp is moving.... they may have shares involved for the long haul...but i think they will hedge their bets and continue to sell at these prices or on any upward trend.

Schwartz also wants to tell other investors what we want to hear... higher SP... otherwise why invest??  Schwartz is doing his part to say Texas or Bust.....  but the reality is he probably has been hedging since the beginning..especially since he has been around from the beginning...