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


To: KailuaBoy who wrote (28839)8/8/2001 2:05:26 PM
From: GraceZ  Read Replies (1) | Respond to of 29970
 
I ain't into no stinkin' TA but I'll answer yer question anyway.

Speculators have discovered low priced stocks (EXDS, XOXO) and are making the short to zero folks pay up to get out.....a few good sized blocks but that could be institutions who were short against their long positions covering. Plus someone on Bloomies started a takeover rumor by speculating that ATHM would be acquired before the end of the year. They forgot to add.....If it makes it through August....

I do know who ever bought that million share block @ $1.12 nine days ago is starting to look like a genius.