SI
SI
discoversearch

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: GraceZ who wrote (9811)5/24/1999 10:46:00 PM
From: Ron Dior  Respond to of 29970
 
Make it sort of four. Ok, so I do tend to buy and sell this one. I just can't help myself. But with that aside, I am back in today and in neck deep might I add. I truly feel that this stock is oversold as of today also. The nets are getting hammered along with the rest of the techs. This isn't a net problem, it is a market problem. The nets just feel it the hardest because they are the most volatile.

I admit that I was a bit discouraged when we broke through the 119 resistance level. I too thought that we would rebound a bit before close. After hours we are trading @ 116 and a teenie. The only positive thing is that the Nasdaq didn't finish very far off of its low either. This discouraged any late day short covering and /or buying.

Just keep in mind my #1 investing theory. Markets move on two things and two things only! Fear & Greed. Fortunately each one can only go for so long before the other will have to take over. Just several weeks ago, Millions of investors were not afraid to buy ATHM in the $150 range and above! The question is, how low will it go before the saliva starts to flow and investors just can't resist. I started licking my chops today @ around $119 and just had to buy. Believe me when I tell you, many eyes will be on this one over the next few days. Any sharp turn in the market and we will be back in the $140's before you can raise a smile. That is the reality, not just wishful thinking.

Ron Dior



To: GraceZ who wrote (9811)5/25/1999 8:44:00 AM
From: re3  Read Replies (2) | Respond to of 29970
 
Good day, Grace...I just bought @ home...and well, unfortunately paid $ 147...you listed this stock in your portfolio holds...was it the first one because you have an alphabetic list or is this your favourite...

i like the fact att has a stake and i figured more people will want their internet thru cable than the phone ...the purchase of xcit interests me...but, is athm biting off too much ?

also, on gnet...do you think its a buy with this correction...how do you value gnet...is there more to it than silicon investor, really ?

thanks

HOward