AutoNation

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Another chart I’ve cited as an intriguing short idea is AutoNation, which is down a bit more than 2% today. I think we’ve got a clean triple top on our hands.

0203-an

On a wholly separate note, here’s the S-1 for hotly-anticipated IPO Snap, Inc.  They lost over half a billion dollars on $400 million in revenue, which is quite a feat. And yet people cannot wait to buy into the disappearing dick-pics champion.