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Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?


To: psh who wrote (12689)7/20/1999 12:35:00 AM
From: Ron Dior  Respond to of 29970
 
<<Do you understand the trading pattern here at all? ATHM was clearly holding above 47, then all of a sudden large blocks are sold. What doesn't make sense is that this has gone on for the last 4-5 trading sessions. You would think if they wanted to get out, they would have done so earlier at a higher price. (Today for eg, 28k, 20k, 10k at the end).>>

psh, I watched the trades very closely today and did not see any large block sells. From what I can gather, the last few trading sessions show some big players buying in. When the stock sells off it is always on 100- 1k trades. This is then followed by large blocks going through, but always on the buy side. I think that weak hands are leaving before earnings and smart money is accumulating. We will have our answer after tomorrow.

Ron Dior