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Technology Stocks : AUTOHOME, Inc
ATHM 21.63-1.9%Feb 2 3:59 PM EST

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To: cardcounter who wrote (14124)8/11/1999 10:59:00 PM
From: MIKE REDDERT  Read Replies (1) of 29970
 
Cardcounter... there is heavy support at the current ATHM level (34 ish)... and even if it broke that level and headed down to the low 20's (I don't think it will), your potential profit is 15 points. On the flip side, we know that ATHM can soar on ANY good news, and the upside is only limited by the "quality" of the news. We also know that short interest is heavy in ATHM.
Why don't you calculate the risk/reward and tell me whether a ATHM short makes sense.

Mike
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