Thu, Sep 18, 2014, 4:39 AM EDT - U.S. Markets open in 4 hrs 51 mins

Recent

% | $
Quotes you view appear here for quick access.

Athenahealth, Inc. (ATHN) Message Board

  • georgespelvin@rocketmail.com georgespelvin Nov 26, 2012 1:28 PM Flag

    Institutional Portfolio tax selling

    Institutions are not like kids with etrade accounts in one way only. They face reality at the end if each year because they have to answer to their investors. Which is not to say that they are dissimilar to children at the beginning of the year. But now is when they will look at the $40 collapse and look at the future prospects as against their other investments and they will sell their Athena gains (they rode it up and still account for more stock than is in the float) to shelter their losses.

    They have one more month to do that.

    If I am right this stock will plummet below $40 by end if year. If I am wrong it will drop below $40 at some other proximal point in the future. Either way this stock will never ever again see $75 unless something happens that dramatically changes its fundamentals.

    You cannot find one single purchase by management that was other than a round trip exercise of stock options.

    Ps. I never worked for them and I am anything other than disgruntled. I am a very happy guy.

    Just caught in the perception trap that people who try to convince idiots not to be the cannon fodder of malevolent industrialists who send them into wars to be killed who are then criticized for being unpatriotic. Who in their right mind would fight a war for a moronic president who bragged he did not read books??????
    Going long Athena will not kill you. That is a difference. Which does not mean you will not wish you were dead.

    Sentiment: Strong Sell

 
ATHN
128.23-1.00(-0.77%)Sep 17 3:59 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.