May 8, 2012
06:15 EDT MAKO theflyonthewall.com: Mako Surgical weakness a buying opportunity, says Piper Jaffray
Piper Jaffray said it would be an aggressive buyer of Mako Surgical shares on the pullback post the company's Q1 results and lowered robot guidance. The firm believes the Mako's multi-year growth story remains intact and keeps an Overweight rating on the stock with a lowered price target of $49. :
The analyst is correct and I could not believe the stock dropping so much .
Couple of sales were delayed but they will be materialized this Q
I was waiting to enter and today was the perfect day . I got in around $26.30 and also grabbed some $30.00 Calls on the cheap. The stock has strong support around $32.00 and my guess is we will get there fast and in no time .
You want to hold down to your shares as what this company is offering will be more and more in demand as the baby boomers get older and older .
So buy all you can at these fantastic prices