AUTOHOME, Inc Message Board

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Technology Stocks : AUTOHOME, Inc

ATHM 24.06

+2.0%

Dec 10 3:59 PM EST

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To: JayPC who wrote (16466)	10/29/1999 1:56:00 AM
From: in_outdaily	Read Replies (1) of 29970

I'm a bit nervous watching the selling pressure being applied in the past 3 days. One of the big boys is holding the stock down - everytime there is a momentary slowdown in buying, BigBoy steps in a sits on the Ask and doesn't move unless there is a concerted effort to 'flurry buy'. (Watching T/S and L2.) Normally this stock will have a 2-3 point range; in the past few days that hasn't happened as there is no bounce up even with all the buying. And there has been a LOT of buying by small investors. QUESTION: What strategy would use this technique? If it were to work a large sell order, why wouldn't BigBoy let the stock recover and sell into strength. Confused by this turn of events... Any thoughts? Bill

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