Things, which will affect CMG negatively:
Weather affecting Crops, Livestock Business as the cost of products becomes a big bear. Corn is in play, Wheat will be steep, prices for gasoline and diesel higher. CMG can only expect higher food prices and their customers the same. Stockholders a slowdown as share prices decline frustrating investors completely.
Ultimately, e.p.s. will continue to be lite…
Just like nflx, here comes a Morgan upgrade on cmg...its a feint ... 550 to 575 a 1.739130434782609e-4 increase in projected highs. When the minuet euphoria is over, the noria takes over.
The 10 year is dropping because a bunch of Europeans are bailing out of there receptive markets.
you mean there's two or three stockholders here on this board ?
I know the quiet minority...nothing goes straight down unless there is news to justify the hair cut. One shoes has dropped this will probably pop then the bears will wait for the second shoe to flop then ISRG will drop ! IMHO
One analysis says 290 is the bottom by I suspect there's more here than meets the eye. You ever have that feeling when something is rotten?
One death is a tragedy over hundreds of deaths is a travesty ! This with robotic technology that is suppose to reduce complications by 99%. our bodies were not designed to be treated like a a "Detroit assembly line" where robotic arms fix the problem in droves. The technology is flawed until proven other wise!
The FDA previously had linked Intuitive ISRG da Vinci Surgical System to injury and death, that was in 2004.
There were 4,798 adverse events reported in the U.S., including 85 deaths, 414 patient injuries and 3,402 device malfunctions (As reported by Seeking Alpha).
A death and injury rate of 50 reports per 100,000 procedures in 2012.
And there were the concerns about doctor training.
ISRQ as of 12/2013:
About 76 individual product liability lawsuits filed in various state and federal courts.
In addition, ISRQ has been named as a defendant in a purported class action now in the Federal courts .
The cases raise a variety of allegations purported defects in the da Vinci Surgical System and/or failure on our part to provide adequate training resources to the healthcare professionals who performed plaintiffs’ surgeries.
The cases further allege that ISRQ failed to adequately disclose and/or misrepresented the potential risks and/or benefits of the da Vinci Surgical System.
The Plaintiffs’ attorneys continue to engage in well-funded national advertising campaigns soliciting clients who have undergone da Vinci surgery and claim to have suffered an injury.
ISRQ continues to receive claims as a result of these advertising efforts…
info from varies source including, 2013 10Q.
The silver lining ?
"Those declines were offset by higher instrument and accessory sales, driven by 7% higher procedure volumes. It would appear, then, that surgeons still have no problem utilizing Intuitive Surgical's platform."
Then why ?
"All told, Intuitive Surgical shipped 87 systems worldwide, including just 45 in the U.S. This time last year, Intuitive had shipped 164 systems, including 115 to stateside hospitals."
Surgeons still have no problem utilizing Intuitive Surgical's platform?
Whose the fool?
very true in addition, looking at a monitor no matter how hi-def you lose perspective and get into the tunnel vision syndrome, where you lose situational awareness, so you fixed the ripped peritoneal membrane but you could not see until to late, that the person was bleeding out from another peripheral location.
PS 2013 lows ~350...if no new revelation appears about Da Vinci defects!
Where is the problem with The da Vinci Surgical System according to surgeons? IMHO
The computational robotic arm.
The range of motion the robotic arm is supposed to mimic the motions of a human wrist.
Unfortunately, scientists who have worked in robotic field are still far from getting a 100% computational software that mimic’s the wrist.
The systems surgeons were experiencing glitches with, caused injuries and even deaths.
The new units in comparison to the old units defined better the minute measured movements needed to resolve the underlying problem, mimicking the human wrist.
Da Vinci procedure is an alternative treatment but for now, I preferred to seek out surgeons who do not have procedure over procedures to do.
The relative value of da Vinci procedures in comparison to the surgeon’s treatment of diseases, to date, still favors the surgeon’s hands.
2014, estimates for surgical procedures which are performed with the new da Vinci Surgical System will see a decline in growth and in our in our opinion will drop to ~2013 volume.
yeah like the old one which they also scrutinized and approved, don't you get it ? it's a flawed procedure and the doctors now view the equipment as flawed also, go ahead by the stock.
The analyst just did not see this coming, what is wrong with the new enchilada released by ISRG?
It’s acquired a bad reputation and analyst will have to redo their assessment of the new robotic arm being sold and the circumstances around it’ use.
Doubts about the use of the robotic surgical technology, has increased exponentially.
Reported complications or injuries, owing to the robotic-assisted surgeries has not abated as the old technology is still in use.
Another potential problem could be on the horizon, if the courts find that there was prior knowledge that the robotic arms were flawed in their use, litigation awards…
In any case, ISRG reputation is mud.
Shipped 87 systems in Q1 compared to 164 a year ago.
Mostly Institutional holders when they exit its all over as only a dust cloud will be seen by John Q Public.
50% hair cut from the highs or worse, over the coming days...do not delude yourselves into thinking this dog with ticks and fleas will recover, Rover has rolled over!
Demonstrators in Eastern Ukraine seize building, proclaim independence, and wait for Russian troops.