Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Time to Short Pasta - American Italian Pasta (AIPC)

|Includes: American Italian Pasta Company (AIPC)

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.