I caught the Bright Horizon sale also ,and although it was a drag ,it did not signal a reversal of their belief and support. I saw their sale as a need to raise cash for a purpose such as tax or other expanse that needed to be addressed ,so I did not give much worry about continued selling from them.You are right as usual ER and CC I think put us back on the way up.
I believe that CI Global has been selling (profit taking) The last time I saw the SEC filing they were down to 600,000 shares ....and that was awhile ago . They could be well below that now . that study selling has been a real drag...also noticed some stock manipulation ...placing large sell orders of 5-6 thousand shares putting down ward pressure ..someone then buys what ever shares sell for less then it switches with large buy orders some one is buying up the shares offered but forcing the price down. ( I do believe this is called bluffing and is illegal ,but watch the stock bid and ask for awhile and you will see for yourself).