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


To: Bexar who wrote (4026)1/9/1999 8:09:00 PM
From: SAMUEL MORANO  Respond to of 29970
 
i was hoping u could tell me.i bought 20 jan 80 calls for $5.00 i am excersizing those 2,000 shares i woulde like to buy another 2-3k below 100 but i cant root against the stock.!u think we will gap up 10 monday or is the ride gona slow down???????



To: Bexar who wrote (4026)1/9/1999 8:30:00 PM
From: E. Davies  Respond to of 29970
 
Question is, will there be a comfortable entry point Monday morning to double up?
I honestly cant decide if I think ATHM is going to be 80 by Friday or 180. Either one seems possible, I'm pretty stuck as to what to do.
What I go on is this: Even though I already own ATHM for a big profit, I want more. It hits 100, I'm getting more. Since everyone else is thinking that way too, it won't hit 100. Just a guess though.
I've been selling puts on the way up to ease my uncertainty. Essentially I've been paid to place buy orders at 75,80,85 & 90. If they hit I get to buy more, if they don't I get to keep a reasonable profit. Best I've been able to figure out.
Eric