Wednesday, August 8, 2018

Thoughts on TransEnterix (TRXC)?

I bought $TRXC last week, intending it as a long position. It seems like they are just getting started in the space that has been monoplized by Intuitive Surgical. I want to believe there is opportunity for a lot of growth. But after a luke-warm earnings report, they have dropped 20%. Is this cause for concern, or is just a case of volatility and investors jumping ship after hoping for better earnings? I'm pretty new to the market, so I maybe I am overlooking some red flags? What are your thoughts on this company/stock?



Submitted August 08, 2018 at 11:50AM by johnhenryc https://ift.tt/2OOjFBA

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