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Technology Stocks : AUTOHOME, Inc
ATHM 23.48+1.2%Nov 21 9:30 AM EST

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To: Boplicity who wrote (11004)6/11/1999 10:38:00 AM
From: jmanvegas  Read Replies (1) of 29970
 
Hi Greg: I mentioned last week before the Portland case that I smelled a rat and that ATHM would trade in double digits. I abandoned my long-term long position before the Portland case was announced. Just got lucky. Charts are horrible and there must be concerns regarding the overall business model of ATHM and its future revenue streams. The $6.7 billion paid for XCIT was way overdone for just another portal. The stock split is not good in here right now. Too much stock floating very shortly. Everyone, be careful - this stock can swoon bigtime. The pundits on this thread still holding on to their belief that ATHM is the vehicle to bring home the bacon may have to hold for quite a while. The price action tells me all I want to know.

jmanvegas
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