July calls are hot. 548 for $12 and 3996 for $13 traded so far today.
Someone knows something we don't.
Sentiment: Strong Buy
Nothing to worry about.
The company got the CE mark and can sell in Europe. That's HUGE.
It may go down $10-20 tomorrow but after that, $600 is the new target.
There is nothing wrong with this. It's a win-win-win situation.
The problem is when you have countries like Greece who keep on borrowing money and simply forget to pay back in cash or goods.
Few days ago a nice video by nbc/cnbc: 5 stocks to beat the street.
A patent is good for at least 14 years. It special cases it can be extended.
isrg comes up with new patents every week.
Again, google's ventures outside paid clicks and youtube are a complete failure...
tom_2727, I agree 100% with your post.
As far as buying a self driving car from google, I suggest you write this in a will for your grand grand kids and leave a ton of money for the car and for the medical insurance....
ntisip, to bad mouth a good product is not something new. It's done thousands of times every day in every field. To advertise a product you don't have is not new either.
Mature companies are tired of these kind of behavior and will LOL...
I'm not betting against Google.
But I'm betting that the J&J and Google adventure will produce nothing of value.
How are they going around thousands of isrg patents ?
ironyworks, I live in Silicon Valley 10 miles of Google headquarters.
Don't know what you mean by Google's cars driving all around CA for a couple of years ?
They may have a prototype in a lab moving 5-10 feet without any accidents but I can assure you there are no such cars on the streets.
There are Google cars driving around for the Google maps but those are regular cars with a driver.
Your expectations of J&J and Google are very high.
10+ years from now when they come up with the new " medical devices " hope they'll be shipped in the " self-driving cars ". That way they'll have more patients....
Google bought Motorola for $12.5B and sold it for $2.9B.
It shows what google knows when they venture outside youtube and paid clicks...
isrg has tons of patents on these procedures and when the new " ALLIANCE " will come up with a product in 5-10 years from now, it's going to be a 100% failure.
It's going to be a joke done with the same division of Google which developed " self-driving cars " !!!
There is simply no competition for isrg yet...
It's possible that google and j&j may give up in 2-3 years and buy isrg for a 30-40% premium.
Sentiment: Strong Buy