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


To: ahhaha who wrote (23952)7/25/2000 8:58:20 PM
From: E. Davies  Read Replies (3) | Respond to of 29970
 
You'll make plenty on the long portion when you scramble and over cover

Thats exactly my plan ;-)

Every penny I got selling @ 17 3/4 plus every penny of profit from the short @17 1/2 is going into a long someday. At very worst I cover my short & go long @17 1/2.

More likely I get to buy 3x the shares in the low teens.

The beauty of being short ATHM is that you know its never gonna run away from you. No news will make it soar. No buyout is ever gonna happen. Every pop will find more sellers. Being a faithful long has proven this to me.

The road back up will be long & bumpy, but I'd still rather it be going in that direction.

Eric