Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Joey Smith who wrote (8218)	4/19/1999 4:05:00 PM
From: Impristine	Read Replies (5) \| Respond to of 29970

HELP ME!! I've FALLEN!! and i can't reach my BEER!! I would buy this stock, but i have NO MONEY!!!

To: Joey Smith who wrote (8218)	4/19/1999 4:30:00 PM
From: Ainsworth	Read Replies (1) \| Respond to of 29970

athm at 120 1/16 at 3:50...wait until tomorrow to buy??? joey What's the rush? Patience is virtue. This stock was "bulletproof" at 180, it was a "steal" at 170, people cheered the 'buying opportunity' at 161 (someone bought my shares there - enjoy), 150 was a blessing, 140 was a level this stock was never supposed to see again, at 130 a few 'longs' jumped ship again, and 120, well ATHM could never close below 120 could it. Who is to say if this marks the end of outrageous multiples based on 30 years of perfection for the internet stocks. It may or may not be. But unlike past dips this one feels like it will not bounce back as quickly or as high. And the fall may not be over. None of these net stocks has really earned its run-up since January so we could easily fall back to those levels and move sideways for awhile. And for the record I have never shorted any stock in my life. I have bought ATHM twice (both times in 80's) and sold twice (120's and 161). Will wait until it closes up to get back in. Patience.