Bright Horizon Family Solutions announced a secondary this afternoon as we expected. Glad we are short the stock, not happy we are not short more. After trying to cover small amounts with almost none for sale, the underwriters, aka manipulators decided to slam down 7 million shares. Now I know who has been propping it up while they picked the pockets of the public. I guess we’ll buy ours back then. This is just another example of insiders unloading stock at a 52 week high right before their underwriters slam the stock down with a massive secondary. If you think this game is a level playing field, you are an idiot. Greed will bring this market down. If you buy the stock insiders are unloading, you have no one to blame but yourself.