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


To: M. Frank Greiffenstein who wrote (26167)10/24/2000 6:50:08 PM
From: MIKE REDDERT  Read Replies (3) | Respond to of 29970
 
<up in after hours...Absolutely meaningless>

Doc,

There is some meaning... it indicates that a lot of the "cultists" with mega-share positions are out of the stock... ya know, the "load the truck" fellas with the nervous index fingers.

Actually, some daytraders I know were waiting for that phenomenon... and it didn't happen. One of the criteria for an ATHM bottom formation was that the gold diggers had to get screwed. I can say with the utmost confidence that we are, at most, within 10 points (and change) of that happening.

Mike



To: M. Frank Greiffenstein who wrote (26167)10/25/2000 4:54:31 AM
From: KW Wingman  Read Replies (1) | Respond to of 29970
 
It has plenty of meaning. It would appear that you are getting greedy on the short side. A stock that is growing subs at 28% compounded per quarter will not go down forever as the greedy shorts wish. Organized, scamming shorts or pumpers belong in jail do you agree?