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


To: Peter Hausmann who wrote (20221)3/22/2000 7:17:00 PM
From: matt gray  Read Replies (1) | Respond to of 29970
 
do you believe this was the reason for the rise? What proof of linkage between subscriber visits and price growth did Reuters provide in the news release?

Answer: none

Instead I think it was momentum buyers buying the stock in expectation of something significant. They are buying the trend thinking that smart money was in the know...eg portland, earnings suprise, a buyout etc.

This is a pure momentum stock....all voodoo and market psychology and very little to do with fundamentals.