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Technology Stocks : AUTOHOME, Inc
ATHM 20.67-0.4%Feb 5 4:00 PM EST
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To: MIKE REDDERT who wrote (20226)3/22/2000 9:59:00 PM
From: ayahuasca  Read Replies (2) of 29970
 
One thing that I have been counting on is a run into next week when ATHM releases their new broadband portal. No one seems to mention that as an imminent (potential) positive. When taken with the deeply oversold level, the upcoming earnings report and the imminent Portland ruling ATHM has every reason to have a sustained bounce, at the very least. I happen to believe in the long term future of the company so maybe, just maybe, the next bounce will turn into an uptrend.
On the other hand this stock has killed me too many times in the past and every move up is viewed with a good bit of skepticism. It'll take a lot more than one day to convince anyone, least of all me, that ATHM is back in favor.
One can hope though can't they? 8^)
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