Tate Dwinnell is an independent investment analyst who, after spending time as an analyst for CANSLIM.net, developed his own websites with the goal of empowering the self investor and helping to level the playing field between professionals and individuals. Tate currently runs a membership... More
American Pasta (AIPC) has nearly quadrupled over the past year, so the downside potential is tremendous particularly when you consider that the overall market is overbought. For the first time since the rally begin, AIPC is taking out the 50 day moving average with heavy volume here and appears ready to fall off the cliff.
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Time to Short Pasta - American Italian Pasta (AIPC) 0 comments
American Pasta (AIPC) has nearly quadrupled over the past year, so the downside potential is tremendous particularly when you consider that the overall market is overbought. For the first time since the rally begin, AIPC is taking out the 50 day moving average with heavy volume here and appears ready to fall off the cliff.
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
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