Is It Finally Time to Short AutoChina?

Ian Bezek submits:

AutoChina (AUTC) shares have had a wild ride over the past month. AutoChina had been slowly rising to around $27 up until February 1st, when this negative research report from The Forensic Factor led shares to dive to under $23. Shares soon recovered to nearly $27 but then a bigger dump ensued after The Forensic Factor's second report, with AutoChina falling beneath $20/share by mid-February. However, AutoChina's investors were soon rewarded when a mercurial short squeeze ignited, sending shares to more than $33, a 60% gain in just two weeks.

On March 2nd, Ralph Arroyo published a negative report which sent shares down more than 10%, but the ensuing two-day recovery more than made up for that loss, sending shares to a peak of more than $35 Monday. On Tuesday, AutoChina sold off more than 5% to $33. With momentum waning (note the low volume on the entirety of the


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