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Technology Stocks : AUTOHOME, Inc
ATHM 23.21-1.8%Nov 20 3:59 PM EST

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To: Rico Staris who wrote (8905)5/2/1999 2:23:00 PM
From: Clever Nick Name  Read Replies (1) of 29970
 
It depends upon how many of these shorts covered. There have been 2 healthy dips recently. I'm not sure exactly when the short count was taken. I saw this data in the middle of last week, so what does 'end of 4/99' mean? It could mean short shares as reported april xx (say 12 just for giggles) and published at the end of april.

Does anyone know the exact mechanics of the NASDAQ short reports?

To address your question, it means a lot of people think ATHM is dramatically overpriced. It also means that if the stock runs a significant amount, lots of share will have to be purchased to cover the short positions, accelerating the rate of increase in the stock.
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