A coworker I know is married to a head of anesthesiology at a big local hospital and so I ask for their opinion of what is going on with ISRG. In their opinion for prostatectomy ISRG did a great job of training the physicians. With hysterectomy they did not do as good a job. My guess is that the trainers were a bit overwhelmed training for hysterectomy and prostatectomy an the other procedures that are coming on board. They seem to have gotten a bit overwhelmed. Bottom line is they say the machine is rock solid and it will do well once this bump in the training is worked out.
Writing covered calls at these levels is like taking candy from a baby. Sell the call and collect the coin for the call. If the stock goes down, you keep the coin because the call expires worthless. If the stock goes up and gets called away, so what, you were willing to sell at that price anyway, so you made money when the stock went up, and you get to keep the coin for selling the call. Win-win. Those of us with big blocks of 100 share quantities are getting big dividends from the calls when it goes up like this. As I said, it is like taking candy from a baby.
I have my 100+ shares and am happy. I'll be sitting on them for a while. Traffic in the stores has been rock solid so no fears from me.
I am into GOOG, CMG and NFLX with the money I used to have in ISRG. It is about $400 large I have in all three. I will be waiting for a decisive change in ISRG. Something like a big uptick in the number of units sold or a solid presence in a new surgical area. Until that happens I'll be waiting on the sidelines.
I do need a medical stock because my Optimer got bought out (for less than the trading price, but I sill made money) and MAKO got bought out (cleaned up big on that one). The only medical I have left is ARNA which has been a dog with fleas. I am down 50% on that one but I still believe in it long term. A friend is on the drug they make and his shedding pounds like crazy.
Sorry Fish but I have to say this is a broken stock for the next 6-12 months. We could very easily see $300 or less on this. Too much uncertainty. Normally I would be buying, but too many other stocks are moving so I am off in greener pastures for a while. I'll check back in after next earnings report, but there is absolutely no reason to be buying or holding this stock right now. Money can better be made in other stocks right now.
That is what I did, seriously. I got out of ISRG a while back figuring I would wait until the junk blew over and I picked up NFLX and CMG ($25K each) and put the rest in GOOG. That paid off in spades for me. Prune the losers, and let the winners run.
I've been able to time NFLX really well. My current biggest position was bought after the crash and I got in around $78. I had 1000 shares before that that I rode from about $50 to ~$230 and I got out before the crash. I'll prune a little off soon and move into something else like BEAV or PCLN.
I eat all the time at CMG so that one is easy to spot. Crowds are picking back up so it was a slam dunk almost.
I love how when the stock goes up and creams the shorts the likes of you come out in droves and none of them know how to do any DD. You start saying stuff like it made you sick, too little meat, all rice and no goodies, rodent hairs, you name it. Looking over the list of topics, I don't see the ICE card being thrown down either. Who is in charge of bringing that issue up, they are sleeping at the switch. As I said over 2 years ago the ICE issue is not an issue. Just like the rest of the junk you bring up. Stop trying to figure this stock out by hanging out here. Go find something else to work with because this one will chew you up and a spit you out in little pieces. The rest of us (smart) ones just sit back and rake in the call money. I made huge coin at the last drop. It was easy to see if you actually visited the stores once in a while. Yesterday's gain was also easy to see and hence the reason I made 6 figures on it. Stop posting BS and actually do some DD for once and you will see where the money is to be made.
Some took a big stake in the company and is looking for a shakeup. Good! I loathe companies that change their name to something stupid. The name change to Outerwall was downright stupid.
" buy into a health care system Congress will not even partake of. "
Wow, still spreading this rumor that has been debunked so many times it is not funny anymore.
Does the name TCBY ring a bell? How about CherryBerry? If not, you better find out.