My long held dream of owning 500 MAKO @ 12.25 was realized this morning. Wait, I'm getting misty
Ya gotta love a good reversal that is 72% off it's highs. I sure am glad that I don't own the 35,000 insider shares that purchased at 13.45 and 13.15 in November 2012, because then I would be down on paper.
I think this could pull an ISRG from 100 to 500 (2009-2012) I like reversal as there are always the stubborn shorts. I watched some MAKO surgery videos and testimonials on youtube last night, great stuff. They were all released around the time of the great hype when the stock went from 13 to 45.
Here's to buying desperation after it turns, provided it's a good firm.
Yea, buying at 11.00 would have been better. I only checked this out again last night, I hadn't seen it in a long time. Lot's of daytraders, hell, they took it down 4% today, what impressed me was the speedy recovery it had yesterday. My first trade should have been short, however I'm seeing this as an investment and not a trade.