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


To: BomboochaBoy who wrote (6624)3/23/1999 7:04:00 PM
From: SouthFloridaGuy  Read Replies (2) | Respond to of 29970
 
The breakout is intact. My words will be marked. 10 minutes research will prove that a lot of people shorted this stock after the Excite deal was announced.

Since the low 100's, the stock has been in a major upward movement. Historically, "major" upward movements have resulted in 100-150% increases followed by quick, sharp falls.

We have the split news and possible merger possibilities; once we have market recovery (which will come, this PC slowdown is seasonal BS that we have CNBC throwing at us every year), me thinks some shorts' butts will fry.