Don't Be Fooled by the athenaHealth Hype [View article]
Good points and I respect your disagreement. The company has a great story and great product. I would be long this stock, but my main reason for disliking it is valuation. Lots of tech companies sell a great product, but have crappy stocks due to all the good news being factored into the price too early. If management has a hiccup, it would not be good for Athena's share price.
Take INAP for example. I really liked the whole CDN field. All of those companies have good revenue growth. However, their stocks traded at high multiples and they really got crushed in a price war.
This was probably my gutsiest article so far because of the takeover possibility. But I think the dangers of owning outweigh a hopeful takeover.
Don't Be Fooled by the athenaHealth Hype [View article]
Don't Be Fooled by the athenaHealth Hype [View article]
Take INAP for example. I really liked the whole CDN field. All of those companies have good revenue growth. However, their stocks traded at high multiples and they really got crushed in a price war.
This was probably my gutsiest article so far because of the takeover possibility. But I think the dangers of owning outweigh a hopeful takeover.