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Athenahealth, Inc. (ATHN) Message Board

  • jpaladin123 jpaladin123 Aug 7, 2010 7:59 PM Flag

    last time it touched 25 it hit 28 the same day

    That was just one week ago. Obviously there is a lot of buy interest from longs or shorts covering who got caught when it gapped up and just want out as close to break even as they can get.

    Another reason why the market says the floor is 25 near term.

    Long term who knows. If earnings continue to improve it will continue to go up, if not it won't. I don't really care since my option positions close in 2 weeks and I am betting I don't pay out a nickel on those put 25s that I wrote.

124.21+0.20(+0.16%)12:54 PMEDT