One day after Johns Hopkins releases a study showing the futility of using the Davinci for hysterectomies. Intuitive gives a press release on old studies that show Davinci is equal to other laproscopic for prostatectomies. The fact remains that the robot costs more for the same results as other laproscopic prostatectomy procedures.
Why are u stil here?? U don't like the company..U never had enough money from selling aluminum cans to be a share..and u have no idea how a daVinci works..So y r u still here?
Sentiment: Strong Buy
I am here because this is now a message board for the short sellers. Stick with announcements and false advertising on the Intuitive website. Everyone else is against this mess. They even list the hospital I work at as a contact for their surgery. Ha! We already decommed the thing. One of only 32 companies in the SP500 down on the year. They earned it.
True, one is information and one is a reaction to and an attempt to hide that information. The Intuitive website is chock full of #$%$ studies they use to try to hide the facts. See seven patient observations made in Pakistan. Do you really still believe in this thing? All stocks worth slightly more then the sweat of a dog's balls up today on Fed Announcement, ISRG down.
Thank you T Hate, I've never been much of a speller or a morning person. At least you are keeping my observation at the top of the message board where it can help more people avoid this lemon. Everyone should make up their own mind comparing the marketing claims against the independent scientific sources. I know from experience that this is a sham company run by low lifes, having been on the recieving end of one of their hard sells. Threatened referal network, lie after lie about the advantages... remarkable they were able to grow for so long. Just like the diet pill companies they are listed with on the FDA warning letter listing.
on friday there was a spike in volume, self buying or telling investors that they were going to release this info. On Monday they did and hoped for idiot buying and a bit of short squeeze. Nothing came, and they are now desperate. It seems that isrg is now officially out of idiots to dump on.
This is probably one of the reasons Lehman Bros went bankrupt. They kept trying to shore up stocks hoping for idiots to buy. Everyone can see ISRG is overvalued, that pending Obamacare is likely to cause hospitals to not have the budget to buy expensive robots when a cheap scalpel would do just as well.
They keep propping this thing up and some fund keeps on losing money trying to do so. Today, some fund keeps auto-buying at $374 to keep this thing alive.
This is way over reasonable value. Nobody wants to buy this at this price. They need to let this thing fall to around $180 = $250 if they want anyone to take a serious look at this.