Athenahealth -7.3% as Einhorn shorts at Sohn


Athenahealth (ATHN) is a well-meaning stock caught up in a bubble, says David Einhorn, pitching it as a top short at Ira Sohn. The stock could "easily fall 80% or more" from its recent high.

Earnings estimates, notes Einhorn, are plunging - a sign of bubble stocks.

Shares -7.3% AH

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Comments (7)
  • mlauritz
    , contributor
    Comments (354) | Send Message
     
    Ouch... Now down 12%+ After Hours...

     

    I wonder what this will mean for the recently IPO'd Super-Bubble ATHN funded: Castlight Health (CSLT)

     

    I mean it's only trading @ 100 Times FY13 Sales... Sounds perfect for this current market...

     

    (I am short CSLT)
    5 May 2014, 08:40 PM Reply Like
  • dectra
    , contributor
    Comments (649) | Send Message
     
    Einhorn is a bottom feeder. He should be banned from making public comments in companies he's trying to destroy.
    6 May 2014, 07:49 AM Reply Like
  • Weighing Machine
    , contributor
    Comments (878) | Send Message
     
    sounds like dectra's long position in ATHN isn't doing so well....
    6 May 2014, 10:37 AM Reply Like
  • dectra
    , contributor
    Comments (649) | Send Message
     
    WM

     

    I don't have a 'position' in ATHN....never have. You leap to the conclusion I do simply because it allows you to post a pithy (and foolish) comment to my post.

     

    Doesn't change the fact that Einhorn IS a bottom feeder; he makes money off of folks who buy into his foolishness....
    13 Aug 2014, 04:37 PM Reply Like
  • $WYNN $LVS
    , contributor
    Comment (1) | Send Message
     
    He has only expressed his logic, action is your prerogative.
    6 May 2014, 10:27 AM Reply Like
  • Weighing Machine
    , contributor
    Comments (878) | Send Message
     
    does anyone know how to find the einhorn presentation on this?
    6 May 2014, 10:36 AM Reply Like
  • EricPBest
    , contributor
    Comments (11) | Send Message
     
    Is it in fact legal or illegal to announce to the world that you hate a stock that you have just shorted?
    9 May 2014, 01:50 PM Reply Like
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