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


To: MIKE REDDERT who wrote (14131)8/11/1999 11:27:00 PM
From: Ron Dior  Read Replies (2) | Respond to of 29970
 
Shorts will cover if one of two things happens: 1) Big news hits the wires and is confirmed. 2) The majority of the I-nets start to rally big time for at least 2 consecutive days (showing 10-20 point gains like the olden days).

Shorts are not as nervous as you would think right now. Don't forget most shorts got in @ the $50-$60 level. The market is still going to make large swings both to the up and down sides with downward pressure prevailing for the next month or two.

Personally I would not take a chance shorting ATHM at these levels, but everyone has their own strategy.

Ron Dior