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


To: GraceZ who wrote (24251)7/28/2000 6:40:55 PM
From: 10K a day  Respond to of 29970
 
True.



To: GraceZ who wrote (24251)7/28/2000 6:57:56 PM
From: E. Davies  Read Replies (3) | Respond to of 29970
 
those sellers don't necessarily "have" those shares they are selling

I can short down here because almost any time I want to cover I can hit the ask with everything and typically not even move the price.

If these sellers are going short they are doing it in volumes that would take *days* to cover. I'd never have the guts to short something this low under those circumstances.
Of course that may be why I don't have the $ to do what they do...

My instinct says that institutions accumulated during the consolidation and are now panic selling.

Eric