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


To: ALTERN8 who wrote (18169)12/23/1999 12:20:00 PM
From: ALTERN8  Read Replies (2) | Respond to of 29970
 
Anyone care to discuss the Excite/Media tracking stock?

Subject 32378



To: ALTERN8 who wrote (18169)12/23/1999 6:14:00 PM
From: E. Davies  Respond to of 29970
 
ATHM looks way overbought here.
Funny.

I decided to trade ATHM today so that I could watch very closely what exactly is making the dang stock so heavy.

It's gone back to being sat on. Ah could analyze it better but all I can say is that at every critical moment somone (usually sombody hiding behind an ECN to remain nameless) would sit there and sell until the traders got bored or scared and dumped.

Time after time there would be 10 buyers and 1 seller and the one seller would win the battle. The stock would downtick and the game would repeat.

Hopefully this is a good sign. I'm not wise enough to know for sure.
Eric