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


To: ALTERN8 who wrote (13957)8/10/1999 4:22:00 PM
From: Ron Dior  Read Replies (1) | Respond to of 29970
 
<<ATHM should have bottomed today, no? I bought and sold ATHM yesterday for a small loss but got back on today at 33 3/4.>>

Don?t assume because ATHM has fallen so far that we are at the bottom. ATHM has many things to work out both internally and externally. If you chase this stock you will get burned. Short trading is like an art form. You need to get in a rhythm or it will not work. First you need to know the stock like it was a family member, then you need to watch it for about 1 year. If you lose money while trading this stock then you are doing something wrong. This is one of the best tech stocks out there to short trade, but also one of the most difficult. Rather than chase this one I would suggest you buy it at a price where you are comfortable, then put it away for a few years. This will assure your prosperity and allow you to sleep easier at night.

Ron Dior