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


To: ahhaha who wrote (18771)1/13/2000 1:14:00 PM
From: JK  Read Replies (2) | Respond to of 29970
 
theflyonthewall.com
rumor of AT&T buying ATHM for $60 per share



To: ahhaha who wrote (18771)1/13/2000 6:55:00 PM
From: E. Davies  Read Replies (1) | Respond to of 29970
 
The problem is the bounce lacks volume

Traded 15.3 Million shares today. Thats pretty decent volume.

The odd thing I noticed today was that the same sources that were forcing ATHM down the last few days with vigorous determination were the ones propping up ATHM today on any sign of weakness.

All in all, one heck of a short squeeze. ATHM will probably drift lower again but getting back down below around 38 1/2 is going to be a lot harder this time around.

Eric