Recent

% | $
Quotes you view appear here for quick access.

Intuitive Surgical, Inc. Message Board

  • xray_lives xray_lives Apr 15, 2010 7:33 PM Flag

    91% institutional ownership says.......

     

    You will not see large volume of shares heading for the exits tomorrow. Sorry shorty. Your messing with the wrong company. Now back under your rock.

    This topic is deleted.
    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Looks like a double top was formed today with the blow off stock action of the last week. ISRG better not break below $340.. if it does it could easily see $300. Please notice how a sell was given on a SYMetricial triangle formation in early April when the stock went down to the $330s then it crossed up the bears and when crazy to the upside. I believe if we see a close below $340 the same action will take place but to the downside. If i was long a stock that is selling at 50x earnings in a market that is over extended i would not get to cocky about other persons incorrect calls. Guess memories of 2008 have faded already!! GL to all trading.

      • 2 Replies to tonisasuage
      • fish_discover_water_last fish_discover_water_last Apr 15, 2010 9:10 PM Flag

        2008 was an acute economic crisis unrelated to ISRG's fundamentals or valuation. The share price dropped but then again so did everything else. What's your point, don't get caught in a general panic? Should I move everything into cash? How about staying invested in this hugely successful company for the long term and just hedging just in case.

        Last time I looked I was doing pretty good with this. Let's check back next week and see where we are.


        People were saying essentially the same thing prior to the last earnings call a few months ago and the shares were at $304. The again they were saying the same thing in 2006 when the shares were trading in the low $100s

      • You are right, looks like you have very good knowledge of technical reading of charts.

        Please suggest if any good stocks to buy or to add in watch list.

        Actually , you are right.

        50 days moving average touches at $340 so it's clear down line.

        Anyway, it's way overbought , especially with retail investors , with very low volume so it's poised for good correction / pullback.

        I will buy once it will start rebounding around 335 - 338 with good volume otherwise $300 is confirmed.

    • ah....yes

    • Guess again dude. They will take profits, and once one starts.... $325

 
ISRG
615.15-3.48(-0.56%)May 4 4:00 PMEDT