According to Yahoo, Morgan Stanley has a fairly big position (about 1.5 million shares); the next largest holding of mutual funds and/or institutional investors is in the 350,000 range.
SYK CEO mentioned robotics on CNBC this morning. ISRG has been pretty much dead money for some time. Any thoughts why the two companies shouldn't become one? Over the years there has been some talk of GE doing this with their medical business but frankly GE is still a mismanaged company even with the plan to divest much of their financial business. Any thoughts? Note I am new to this board but have owned ISRG for more than a decade and it is one of my very few ten-baggers.
Thanks for a comprehensive review. All extraction companies have risk associated with them given the current administration and the regulatory environment. But I think the return is worth the risk. For companies like this I normally reinvest the dividends in the company but in this case I might want to take that return and invest it elsewhere effectively reducing my invested capital in the stock over time (this is in an IRA).
tallartcarney is right. Too small for institutions. Probably quite illiquid in a crunch. I have another like this in an IRA - PMD. I like very small caps that pay a decent dividend understanding that it is not easy to escape if a crash occurs.
I picked up 400 more shares at $23.05 today; have about 1100 shares in an IRA, mostly to bring in a little income to the account. Any thoughts on the stock?
There was a negative article in this morning's WSJ about drug prices more or less aimed at companies that buy other companies for their products and/or patents and then jack the hell out of the prices. This has become the model for several major pharms which basically buy their R&D by acquiring companies like CLDX. I think that is the reason for the slide.
Shears is the right word; we sheep have been pretty well shorn of whatever fleece we had.
clear former CEO was asked to leave. Had he not been fired, he would have remained on board. I think this came up suddenly and current mgmt lost confidence in him.
I have a small position (1,000 shares) that I have kept just in case lightning strikes. Had a lot more at one time but took tax losses on it. In any case, how could 4Million shares trade when there are only about 7Mil outstanding and only 3mil in the float. Yahoo shows the short position at well under a million shares. #$%$ is going on here guys? Kind of fun to watch from the sidelines but does anyone know the score??