These are usually intense sell-outs.' After finishing fifth in the 2011 Allsvenskan, narrowly missing out on European football, GAIS are once again struggling in the second tier.
Nonetheless, the market easily absorbed intense selling pressure as the options were transferred and hedged.
When intense selling starts, specialists and market makers drop their bid prices quickly, looking for the levels where value investors will enter.
The company's bankers launched a massive share-buying operation on Friday that kept the shares from an embarrassing fall below their offer price of $38, but that firepower was quickly exhausted in the teeth of intense selling pressure from investors worried about Facebook's long-term prospects.
Why did that sector come under such intense selling pressure in the third quarter?
After another burst of intense selling pressure on March 9, stocks staged a mighty comeback, sending the S&P 500 higher by 10.7% last week, with some sectors of the market advancing more than 20% from the bottom.
Citigroup came under intense selling pressure, after Moody's said it was reviewing its credit ratings on rivals Bank of America and Wells Fargo, and lowered its outlook on JPMorgan Chase to negative.
In a report titled "Macy's Magic Continues," Macquarie Capital analyst Liz Dunn wrote that "the shortened holiday selling period is expected to create a more intense selling season which we believe will be more promotional".
The more expensive a product is, the more it relies upon focused, intense selling techniques.
Beyond this, Mr. Thompson has the difficulty, in a city where the competition among the museums is intense, of selling design as worthy of greater attention.
