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Athenahealth, Inc. (ATHN) Message Board

  • georgespelvin@rocketmail.com georgespelvin Nov 8, 2012 2:27 PM Flag

    End of year portfolio balancing

    institutions own the entire float. they will need to window dress their results for the end of the year. they have massive profits on athena. they will sell to balance out their losses and also to preserve their profits.

    this stock is broken. that is simply not debatable. Further the fundamentals of the company do not justify the price of the stock. other than the bozos who say I am long, follow me method investors who account for 0.0001% of the market, nobody will buy this stock. It will go down probably to below what the company fundamentals justify, which is, as a another poster said, somewhere between 12 and 20.

 
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