Diamonds and Dogs

4/16/14

Autohome Inc. (ATHM)

Autohome Inc. is trading in the green today, up 13.72% to $35.64. The online Chinese car retailer saw its shares spike after an upgrade by Credit Suisse. Credit Suisse upgraded Autohome to neutral with a $36 price target based on valuations. Autohome shares almost hit that $36 target intraday; getting up to $35.94. Shares of the company are still well
off of their 52-week high of $51.98.

Radio Shack Corp. (RSH)

Radio Shack Corp is short circuiting today, down 5.59% to $1.69. The electronic retailer saw its shares fall on news that its competitor; hhgregg, lowered their outlook. Hhgregg pre-announced weaker-than expected results, saying it estimates a loss of $0.17 a share in the fourth quarter. The lower outlook is hurting Radio Shack as investors are expecting Radio Shack to underperform hhgregg. Radio Shack shares fell to a new 52-week low of $1.67 intraday.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.