SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : AUTOHOME, Inc
ATHM 23.21-1.8%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: H Adams who wrote (4083)1/10/1999 6:33:00 PM
From: Dave Gore  Read Replies (3) of 29970
 
Sell ATHM... you HAVE to play the odds if you are trading I-net stocks or get killed!

ATHM is one of the stocks that will crumble if the bubble bursts.
I got out and swtiched to any stocks that were relatively undervalued. (i.e ONSL). ONSL is no where near it's old high of 108. It's at 52.
At least it's market cap is below 1 Billion and seriosly undervalued in relation to eBay which has a market cap of $10 Billion. It is a much safer play.

PS- Just got my cable modem installed...took them 2 days! They practically had to sleep over. Not as happy as I thought I would be with the spped....downloads are much faster but overall, not worth it. I would sell the stock because it's valuation to me is incredibly overboard...and with it busting to crazy highs it will correct hard, imho.

Remember don;t get greedy and play the odds. I am not saying short, but just shift allocations to more compelling areas or stocks.

If Yahoo doesn't hit the whisper number of 20 cents on Tuesday's earnings release, watch out...ATHM back to support at 85, at least.

This is only my opinion...I don't mean to ruffle feathers for longs, but playing the odds is just smart money management.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext