Can Someone Please Cogently Explain Why Hansen's Stock Has Suddenly Risen So Much?
I know about the legal $36M legal case win, but that will take years to come to fruition. I also know Hansen recently raised $30M...but I still do not understand how a $3 stock becomes a $5 stock without significant revenue growth. Any facts would be appreciated.
There is no cogent explanation for anything on HANSEN MEDICAL. Its very existence rests on the chimera of latching onto another Intuitive Surgical. Which is pretty unlikely. I suggest you buy, instead, a potpourri of software stocks; perhaps you'll latch onto the next Microsoft. Good luck.
The stock price dropped from $39 to $3=90% or thereabouts. 55 units installed in first 18 months of commercialization is out pacing ISRG's start up. Insider's bought 3.5 million worth of stock near $3.00, now the money they just raised is paid for by the lawsuit they just won eventually, and Piper's on a run now. Anything under $10 for this company is cheap. So buy some stock, and quit asking questions. 5 year horizon with invested money is best. HNSN is the next HNSN.