(Editor's Note: Investors should be mindful of the risks of transacting in illiquid securities such as AOCIF. AutoCanada's listing in Toronto, ACQ.TO, offers better liquidity.)
I don't typically share my stock purchases, but this is a unique situation in that I am shorting a stock and I am seeking to bring about a more rational price in the shortest time frame possible.
The stock is AutoCanada (OTC:AOCIF, TSE: ACQ), listed on the Toronto stock exchange. Simply put, the company owns and operates around 34 car dealerships in Canada. The reasons why I am short the stock are explained in the graph below.
(click to enlarge)
Trees don't grow to the sky, and stocks don't go up in...
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