A publicly held automotive retailer in the United States. Its operations are conducted through two operating subsidiaries, America's Car-Mart, Inc and Colonial Auto Finance, Inc.
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Recs
Technically, long term resistance was hit and have started to bounced south.
Fundamentally, though consumers will buy more used car than new ones in this economy. consumers don't necessary has the financing nor cash to buy A LOT of used cars. The bull run from 7 to 21 isn't justified. Retracement into the $15-17 zone is very likely in the next few months.