Bitwise shift operation

Hi everyone,
I want to know what happened internally in bitwise shift operation.
What happened when i execute the below statement ?
  value >> 10;

Is it equivalent of doing "value >> 1" 10 times ?(According to execution time)

Can i create an operator overloading for shift operator ?

The hardware can probably do value >> 10 in the same time as value >> 1 so doing value >> 1 10 times will be slower unless it is able to optimize it.

You can overload the shift operator. If you haven't noticed, that is exactly what the streams do.
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