Very good spin by the Bush PR machine. Very few people leave a 7 figure job(including equity) because HR is being given to another person. Most CFO types are happy to have someone else deal with "culture" issues.
ATHN given buy rating by deutsche bank.
Strictly speaking not true though.. They are in fact only (coincidentally shortly after stock showed some weakness??) reiterating their previous rating.
I happen to agree with Deutsche Bank:
"The company detailed that a splitting of the CFO and CAO positions led to Ms. Matus’ departure, which strikes us as an unusual explanation," added the analyst. "
I know from experience that official explanations, such as "pursuing other opportunities/interests' often times are not the true reasons
Harry has posted Charts of the Day video on ATHN at TheTechTrader site noting: athenahealth, Inc. (ATHN) was down 67 cents to 130.47, on 336,400 shares traded on Tuesday. After it finally got smacked down it formed a bear flag. That's the bearish that it gets, in my opinion. It has terrible technicals. Look for it to break to 126 1/2-127, and then it is headed to 112-115.
TRUE cloud EMR computing has arrived! And it's not Athena. eCW 10e released. So far Chrome only, but more browsers soon to follow. Holy smokes!!! Now this is what an EMR is supposed to be! Inutitive, highly customizable, and true cloud based computing. Desktop, laptop and a real full feature mobile app that was designed for tablets. So long Athena...(they can't even get their RCM processes together these days...and that was their "strong suit"). This is what Doctors have been begging for...it will leave Athena in the dust. Oh and did I mention population health and community based EHR integration that works with the number 1 hospital based EHR EPIC?! So while Athena produces more hype and "upgraded" press releases, the competition is kicking #$%$ and taking names. Let doctors be doctors...stop selling them hyped up garbage.
I've been following trade alerts from the Penny Stock 101 org newsletter, and I've been consistanly beating the market. If you want to get an early jump on the fastest moving NASDAQ, NYES and OTC stocks signup now.Just on an email stating they have a new pick coming tomorrow!