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Athenahealth, Inc. (ATHN) Message Board

  • georgespelvin@rocketmail.com georgespelvin Jan 7, 2013 10:04 PM Flag

    Cover

    I did cover the short at around 72. I was never long I shorted at 92, rode down to just below 60.
    The sentiment in retail etraders is now to buy.
    I know this is wildly overvalued and I will reshort even more strongly when the buying pressure diminishes. The acquisition of epocrates is a sign of the problems. They are looking for cross selling opportunities. Why? Because their existing offerings prices are coming down as is their new client volume. The next leg down will go deeper.

    The most vocal longs here are as intellectual as neocons. They have nothing more to substantiate their position than their cheap puerile proclivity to discredit. They present no argument. They merely lash out like idiot kids.

    I put them on ignore but I still see them in faded type.

    In the near future we will see if the buying pressure has simply transferred shares from the institutions to the naive retail little buyer who manages his own portfolio.

    Sentiment: Strong Sell

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ATHN
145.58-2.29(-1.55%)Apr 17 4:00 PMEDT

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