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Technology Stocks : AUTOHOME, Inc
ATHM 24.08-3.1%Nov 14 9:30 AM EST

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To: Ron Dior who wrote (12336)7/13/1999 2:09:00 PM
From: FR1  Read Replies (2) of 29970
 
The market is not reacting to any positive news right now, only negative.

Welcome to the earnings season!

It's a law of physics (Gmm/r2) - all nets must go down once the gravity of earnings season becomes significant.

Why? Because everybody believes they are overpriced and can never justify whatever earnings they might report (regardless of what they may be).

Then we all wallow around sideways for a while and wait for some mergers or something. Then we all start going back up unless you did something real bad (in which case we leave you behind at the low price).

ATHM is solid and is doing all the right things so it will get to go back up (when that starts) but everybody must get stoned for a short while.
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