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Athenahealth, Inc. (ATHN) Message Board

  • techinvestorexpert99 techinvestorexpert99 Aug 13, 2010 11:07 AM Flag

    The Humana Deal brought more institutional buyers to ATHN!

    That is why the stock is heading North even when markets are going in the oposite direction! The Humana deal is huge and gives ATHN growth perspective and expectations!

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    • Could be. It is getting over bought now though. I am still shocked I made money selling puts here in this market. My other uncovered put positions did not go well. Now I think I will try playing this short near term since it is approaching 30. Appears to be topping out here. I have no idea why the institutions suddenly changed there mind here, but even if the sentiment really changed 180 degrees they are not going to run it straight up. It will pull back and step up with higher highs and higher lows if indeed the trend has reversed.

135.77+1.21(+0.90%)Aug 28 4:00 PMEDT