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Athenahealth, Inc. (ATHN) Message Board

  • jpaladin123 jpaladin123 Oct 19, 2010 2:46 AM Flag

    very low growth estimates, super high multiple

    This stock is a fragile bubble defying gravity which should have burst awhile ago. And in fact it did just that looking at the down trend that is still intact and the frequent gaps down.

    The only reason this constantly down graded poorly performing stock ran up at all was because of short covering across the market during the past couple months. That will end of Friday.

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    • From briefing this AM

      "As mentioned earlier UBS initiated ATHN with a Sell and price target of $28 saying athenaCollector is a best of breed revenue cycle management product but expectations for the athenaClin icals ramp may be unrealistic. Firm says, existing 30%+ top line and 40%+ company forecasts are overly optimistic and stale, and the company may lower projections at an expected Analyst Day in December."

133.48+1.37(+1.04%)Aug 22 4:00 PMEDT

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