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Technology Stocks : AUTOHOME, Inc
ATHM 20.90+1.1%Feb 6 9:30 AM EST
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To: ALTERN8 who wrote (23708)7/20/2000 12:24:28 PM
From: ahhaha  Read Replies (1) of 29970
 
I confirm that money flow is strongly diverging positively from price in this stock. The selling is being dominated by lot sizes between 999 and 9999. Lot sizes 10k and above are strong buyers, but this is primarily short covering. It's the lot sizes below 999 which are strongly buying and they are mostly the naive public. One should never underestimate the accuracy of the naive public. The dumping here is the panic conviction selling where the conviction is wrongly directed. This doesn't mean the stock can't go lower, but right now there isn't the technical evidence to justify anyone selling. Fundamentally, well...
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