I'm still fairly new to trading, and I don't really understand why this is happening. Is it common? What is supposed to be accomplished with a cut in their weighting?
It's more likely these are developers buying these passes, with a small exception being the overly eager fan boy. The developers selling passes on EBAY are probably just trying to make back the money Apple takes out of their app sales :p
Trying to make it sound like they are closing because of lack of business? It's a temporary shutdown with no layoffs.. I doubt this affects their shares.