The selling down today might be shareholders dumping excess...

The selling down today might be shareholders dumping excess shares. My guess is that there were WFM shareholders expecting a scaleback and applied for far more shares than they expected to get and need to balance their books.

Of course true WFM believers will be happy that there was no scaleback. If the WFM board is up to the task, they should be able to turn the extra SPP cash into megabucks for us.