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

Intuitive Surgical, Inc. Message Board

  • shabamoon shabamoon May 11, 2013 4:55 AM Flag

    Bloodbath on Monday once the problem sinks in and is known more widely***************************************

    Despite company admitting today that they have a problem, and despite such a lofty PE, the stock was down a little over 1% on a volume of only about 65% over daily average. The stock was down over 3.5% at one time today but recovered most losses as market recovered. The initial bigger drop along with low volume and subsequent recovery makes it abundantly clear that not only the news had not spread wide yet but that eveb those investors that had heard the bad news needed more time to evaluate the impact of the latest problem with these robotics which appeared on top of all the other problems but seems more major.

    Expect a major bloodbath on Monday or smaller daily ones for the whole of next week. Remember these are medical devices that deal with patient's lives. Just look at what happened to Affymax after reporting only 3 deaths among more than 25000 treated.

    Sentiment: Strong Sell

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Keep in mind the company needed to do this 1 Billion dollar buyback for a reason....The company will support this stock valuation till they run out of funds.....There next buyback may be limited due to legal expenses however this fraud will be brought to its knees....My issue is with the management and their culpability in many aspects of the business......The robot itself is really not more effective than good ole fashion surgery so the marketing will be deemed worthless....

      • 1 Reply to lemmeknow23
      • I had no idea about the $1 billion stock buy back; It explains why every time there is problems and stock tries to correct, like last Friday, it is stopped or even reversed at times. It also explains why the stock is currently almost @500.

        Like somebody had said this company does not make anything but toys that are fast getting out of fashion already (not to mention its many problems).

        My prediction is that ISRG will correct much more than Apple (down nearly 40% from one year high) and it will be down at least 75% over the next 12 months.

        Sentiment: Strong Sell

520.02+0.78(+0.15%)Nov 30 4:00 PMEST