Considering it hit $502 and is now trading back up passed $508+ it's rather obvious this artificial saddle point is now on its way up. It's a miracle that Russia just announced reselling of the iPhone after a 4 year hault.
None of these large sells are long-term investment portfolios. They are straight up hedging and/or shorting to manipulate a positional advantage. To read others crying foul that WS is some benevolent financial apparatus is effing retarded.
This is classic market manipulation. They took the tentative figures projected with the China Mobile deal and back-filled for this quarter, raise the requirements, while shorting the hell out of the stock, so when it falls they actually make money on the amount of it dropping.