All - this discussion on ATHM's future prospects is fascinating. I'm surprised at the lack of discussion of the price action of the last week - which is actually a positive feature of this thread, compared to most (lots of 'SAMUELS' on most threads)...
I've held this stock for 12 months, initial price = $22.125, 1/98. Planning to be a long term (many year) holder, but the recent surge was too much, I don't want my ATHM $ to be brought down w/ the inevitable crash of the internet stocks, since it seems we are in this category. So, I sold at $90. I have great faith in future of ATHM as a business, wanted to lock in some of that rather impulsive upward surge.
I fully intend to get back in at less than $90, depends though on how long the mania lasts - if lasts a long time, that makes me semi-stupid, and it may not get back down to $90...
Thoughts/opinions on price action and what to do about it? I know, I should have just held... :-) |