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Technology Stocks : AUTOHOME, Inc
ATHM 22.05-4.0%Jan 30 3:59 PM EST
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To: Alex Raytselsky who wrote (12536)7/16/1999 5:12:00 PM
From: Educator  Read Replies (1) of 29970
 
"Can anyone tell me why I shouldn't buy this stock right now?"

Alex- Yes. It may not have bottomed yet. My short-term gut feeling is not good right now. I would sit on the sidelines and wait patiently. We will probably see low 40s and maybe even 30s, as sad as that is.

With all that said, I do feel that ATHM is at a good price NOW. It is just that the price could become EVEN BETTER.

I am a long and do not day trade my shares.

I wish you the best-of-luck, Alex.

Ed
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