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Technology Stocks : AUTOHOME, Inc
ATHM 23.48+1.2%Nov 21 9:30 AM EST
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To: May Lee who wrote (10721)6/7/1999 3:55:00 PM
From: David Harker  Read Replies (2) of 29970
 
Ahhaha was saying "Do not sell" - but that it is hard
to give concrete reasons for that statement - buying
stock in ATHM was an act of faith (that it will do well
in the future). Holding the stock is also an act of
faith - the same faith - you had it when you bought
the stock, so you probably STILL have it.

Assuming you are not on margin, just hold - you will
eventually make money on this stock w/ an entry price
of $120. Don't sell any to 'reduce your pain' - it will
cause pain later when you wish you had held (after it
inevitably does up). As Ahhaha said, this stock swings -
very widely. It will swing up again, if this "swinging"
is too hard for your nerves, then sell after it goes up
above 120. If you can deal with it, then hold long term.
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