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China Analyst Ralph Arroyo

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  • Sell AutoChina: Many Questions (And Risks) Remain [View article]
    Yesterday's trading supports my view that squeeze is nearly complete. Over the previous two days, 70% of the day's volume was traded after 2:30 pm, a time when investors are notified of buy ins. During those two days, the stock was up 18% and 9% the final 1.5 hours of trading as investors were forced to cover at any price. Yesterday's trading was different. Less than 25% of shares traded the final 1.5 hours and the stock was down in the last 1.5 hours for first time in five days.
    Mar 2 09:36 AM | 1 Like Like |Link to Comment
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