19.7 million shares sold by institutional investors
19.7 million shares sold by institutional investors during the last quarter alone. These professional investors understand a product cycle, and know that you need to sell just prior to the report of peak earnings. It takes a lot of amateurs of absorb all those shares, and the past few months have been prime time to sell from the pros to the amateurs. In 2011 when organic growth turns nagative, even the amateurs will know which way this stock is going. By then, the stock will be far below its peak.