Replies to post #3497 on Mountain High Stock Club

[EZ2]

athenahealth volatility expected to move after Einhorn said he is short

FLY ON THE WALL 6:24 AM ET 05/06/14

athenahealth option volatility is expected to move after investor David Einhorn said he is short the stock and believes shares could fall 80%. Overall option implied volatility of 46 is near its 26-week average according to Track Data, suggesting non-directional price movement.

At the Ira Sohn Investment Conference, Einhorn echoed the bearish sentiment from the letter, noting that Athenahealth(ATHN) "is simply at the wrong price... and could fall 80% or more."