That is good to hear because I put in an limit order to add 10,000 shares yesterday and $3.65 which was filled this morningb at $3.27.
I once owned a shares of Computer Motion. I bought 200 shares at $10/sh for my daughter as a college graduation gift. When it dropped to $8/sh I bought 1000 shares for myself. When dropped to $4/share I bought 4000 more. When it dropped to $2/share I bought 8000 more, By the time it got to $1, I had 21000 shares. Computer Motion and Intuitive Surgical were fighting over infringements on a dozen different patient . I bought a summary of the lawsuits, read them, and though I am not a lawyer, i could understand them. I concluded Computer Motion had the strong position. When Computer Motion went down to 62 cents a share, the CEO, Robert Duggan, bought 25,000 shares. A short time later the lawsuit was settled Computer Motion was merged into Intuitive Surgical.Computer Motion share holders got 1/3 of the Intuitive shares. I bought my last 5000 shares at $1 each. After the dust settled my 26,000 shares of Computer Motion became 6800 shares of Intuitive Surgical. I sold my last 2200 shares at $511/sh. I realize I was lucky but when the CEO bought those shares at 62 cents, it was small change to him. I figured he was too smart to throw away money. I got my lucky brother to buy 15,000 shares Computer Motion for $1.50/sh. I got him to buy 20,000 shares of CLF at $3/sh. To me... that sets a floor for CLF.
SUNNYVALE, CALIF., 1 May 2016 – Accuray Incorporated (NASDAQ: ARAY) announced today that the company has signed an agreement with medPhoton GmbH to collaborate on integration of its ImagingRing® system, a new technology for volumetric image guidance, with the CyberKnife® System. The ImagingRing provides a range of advanced imaging capabilities including large field-of-view cone beam CT. This long-term strategic agreement will provide Accuray with certain exclusive development, sales and distribution rights of the unique ImagingRing for use in adaptive radiation therapy, SBRT and robotic radiosurgery.
“This collaboration with medPhoton enables us to partner with a company which, like ours, is committed to using innovative solutions to improve the lives of cancer patients,” said Joshua H. Levine, president and chief executive officer of Accuray. “The Imaging Ring represents the next generation in imaging technology and, together with the CyberKnife System, has the potential to transform the radiation therapy treatment experience for clinicians and their patients.”
medPhoton GmbH specializes in the development and manufacturing of sophisticated, state-of-the-art medical equipment in the field of radiotherapy medical imaging. The company is focused on creating high-quality medical devices which make radiotherapy treatments comfortable for patients, while simultaneously improving the radiation oncology team’s clinical workflow. medPhoton originated from the Institute for Research and Development on Advanced Radiation Technologies (radART) and the Department for Radiotherapy and Radio-Oncology at the Paracelsus Medical University Clinics Salzburg, leveraging their expertise in application-oriented research and development to design products which address the radiation oncology community’s unmet clinical needs.
LG personally controls over 2.5 million shares. At least 300,000 were open market purchases. I don't know how he acquired the rest, but he has a sizable stake in the company.
[ Free trade is a magical beast. It works when economies are expanding but when they contract its everyone for themselves.]
No necessarily. ... Most who have studied David Ricardo's arguements for free trade, believe that free trade produces the most wealth for the most people. That includes me. However , government subsidies are the anti-thesis to Ricardo's arguements, thus tariffs are callled for. By the way that would go for subsidies for wind or solar versus fossil fuels.
Those too! All the products with subsidies too numerous to list. Free markets, producing goods without government intervention, produce the most wealth for the most people.
[You do understand wealth is made up. Money is trivial. The economy is fake.]
By wealth I do not mean money, Money is just a mean of exchange. I mean goods: roads, bridges, sewers, clean water my car, house.. and so on. That road I drive on and that bridge are not fake. When I have to pay more for food because of subsidies on sugar or soybeans or stupid government mandates for ethanol in gasoline, or my tax dollars are wasted on a the likes of Solyndra instead of lead free water pipes and other necessary infrastucture... people suffer, and... the results are not trivial.
Excellent webcast. Over 3 hours, but well worth the time to watch/listen or read transcript for anybody invested in Accuray or considering investing in Accuray. Webcast included an extensive question and answer segment.
I hope you went and thanked 40 of your neighbors for the $100 they each paid in taxes for a trade-in you were probably going to make soon anyway. It was a disgusting piece of legislation.
If somebody is going to give me a thumbs down, why not explain your reasons. Who did Cash-for-Clunkers benefit?
Not the taxpayers, not someone who might have bought your old vehicle. If you trade one vehicle for a similar vehicle then there is no energy savings. Not the Iron ore miners because the scrap went back to steel. It only benefited those who took advantage of it at the expense of their neighbors! I repeat, it was a disgusting piece of legislation.