I wrote " a mystery" with tongue in cheek. Your not that old Mr. B. I'm no spring chicken myself (the metaphor may give away my age). God is still in control. Man proposes but God disposes.
There is end of year selling by mutual funds and institutions. They like to harvest tax losses to counterbalance their gains for the year. Since ISRG is down ~$200 this year (thank you Greenberg, ambulance chasers and Mr. Obama) it is a great candidate to harvest. Since there are very few buyers in the market for losing stocks, the sellers pushed the price down. This should stop the last week of December--usually around Dec 20th. Next year (1st 2 weeks of January) there should be a market correction to the artificial push down of ISRG stock price. ~$340-350 for a low in Dec and back to $380-$400 first weeks of Jan.
I see slightly less doctors signing up for ISRG web site certification (2.8), but very similar to the average (~3.1 doctors per day). It has been as high as 3.6 and as low as 2.1 in the last few years. This is nothing of concern. However when you examine in detail the doctors, ~60% of the new doctors are General Surgeons. This is great news because it means existing hospitals will either become more profitable using the Da Vinci (economies of scale) or they will be ordering additional machines as they exceed capacity of the existing machine(s) or both.
Hope this relieves any anxiety.
Because this stock is a piece of st. Wall street crooks hyped it for a few years, sucked in a lots of fools and then they dumped big time.
Haven't you figured out yet, that the Main Street Media is SOLIDLY in the democratic pockets?? Fortunately, "or not", I'm probably too darn old to watch the collapse, but it will happen without radical changes.
The world already stopped buying our debt. That's why the fed is buying
$83 Billion a month. Multiply $83 times 12 and that is the annual deficit minus whatever the rest of the world buys. $993 Billion sounds an awful lot like $1.0 Trillion, the amount of last years deficit. Why do you think the Democrats wanted Yellen as president of the Fed? The other candidate was not in favor of extending the propping up of the treasury through monthly Fed purchases. If the Fed doesn't buy the $83 per month then foreign investors will have to be enticed i.e. higher interest rates, to step in. Why the news media doesn't understand this and report on it is...a mystery?
Suspect that part of it is the TOTAL sell-out by Republicans on the "so-called" budget deal. Congress is going to keep on spending until we are bankrupt. Actually, we already are, just not declared yet. Wait until the world stops buying our debt and watch what happens. It won't be pretty.
with this dog,man i would be #$%$ if i got in on this at 500.00 per share,titxf is going to trade places with isrg,and you all will be really broke and ill be relly rich, ha ha ha ha ha ha ha
Much as it pains me, Mizesaw has been right much more often than not,on this board for a rather long time.