Holding up compared to the others...its all relative!
Summit Medical Systems had a recent high in the twenties, now their below us at ~ 6 to 7 $, Cerner has gone from the $30's to $10-12 in nine months, HCIA has gone from $50-60 to the twenties recently, and we came out at $12 on June 28th (a bad time for IPOs!), moved between 11 and 13 for two months, hit $15 on some sort of speculation during september, and have been sliding since the end of the quarter along with the others, but at a much lesser rate; we're down 30% from the IPO, but others are down 50%, or much more from their highs. Doesn't make it any better for APACHE, but it is tough to buck the trends of the market and sectors. I've seen a comparative chart from Cowen that showed how we were doing compared to the others, and we are doing better, even if it is a negative slope. |
