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


To: GraceZ who wrote (24258)7/28/2000 9:11:40 PM
From: ahhaha  Respond to of 29970
 
The stock should never have broken 30, but you can't predict how stupid people can get and you can't predict how absurdly unproductive collections of individuals called management can be. They have the power to refute what is naturally coming just like it is assumed that is the case on the upside. As long as this company avoids doing the things many of us have recommended, it should be avoided as an investment.

Maybe after a jump back up from the fifth count the stock will start a long basing period probably around 20. Over time the bounds on the base will be established. Until either the upper bound is exceeded or the lower bounds rise, no long position is justified. How long this takes depends upon who is managing and what kind of ideas they have that will stimulate growth of revenues at whatever quantity of subs.