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Technology Stocks : AUTOHOME, Inc
ATHM 23.48+1.2%Nov 21 9:30 AM EST

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To: MileHigh who wrote (10446)6/5/1999 10:58:00 AM
From: HECTOR RUBERT  Read Replies (2) of 29970
 
To ATHM LONGS........ATHM sitting at its 200dma.......

This is the price Institutional Investors look for to acquire large positions on solid growth companies.

Yesterday's action was overdone due to block selling in the 107-102 area which triggered a slew of STOP LOSS orders......

It was so obvious.

It was like a chain reaction. STOP LOSS after STOP LOSS........

However, sitting at its 200dma with a stock split due out in 8 days and expectations of a profitable 4th quarter, contrarian and savvy fund investors will jump to this chance.

Got some buying power of $37k and guess what stock I'll be buying on Monday.......yep.........ATHM!!!!!

Regards,

Hector
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