There are two vanguard entities which held shares as 12/31/2012
Vanguard world fund - 2.4million shares
Vanguard Group - 4.7 million
As of 06/30/2013
Vanguard World Fund totally sold out no more sc13G from them.
Vanguard now only holds 1.3million so they sold 3million in the last 6months.
Most probably alsk was part of their index funds and was removed.
No wonder price did not move a lot when market was going up.
Let us see whether 3rd quarter will bring better luck.
"Most probably alsk was part of their index funds and was removed."
ALSK was removed from the Russell Index over a year ago. Maybe they figured something else. Nice big drop then too.
Dont you agree despite close to 6million shares dumped stock is only down 8% YTD?
Most of the selling was after Dividend cut in November 2012.