I believe this applies to most stocks with good earnings.1. People buy for the purpose of dumping after the earnings pop.2. Earnings are announed and are great.3. Institutions know how the game is played and stay away until the price settles.4. Momentum players depart killing any rally or worse causing a lower close with their selling.5. Longs(actually pretend longs) express their disbelief in the performance and also sell6. Selling slows and buyers arrive(consolidation)7. A few weeks later the price starts to reflect the powerful earnings momentum.So far SSTI, IRF, AVX, ESIO have shown this behaviour for me. But I will hold these stocks for a long time. I expect NT to do this tomorrow and APCC on Thursday. All are great companies.Mike
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