Just keep in mind that everyone has a reason to sell. Sometimes it's for personal reasons if they need the money, sometimes it's for tax reasons, sometimes it's a matter of taking profits or reshuffling their portfolio. If I'm up 100% on a stock there is a good chance I'll sell half and free carry going forward so that the stock doesn't take up more than a certain percentage of my portfolio.
My point is, there are many legitimate reasons to sell and it doesn't necessarily mean that investors think the company has peaked.
APT Price at posting:
$8.65 Sentiment: Hold Disclosure: Held
