To many investors that are holding bags TRXC is garbage. But at the time those individuals purchased those shares they bought in to a start up surgical robotic company with rising potential and patented technology. The chart to some may look painful and deflating, stomach turning, but to the right kind of eyes the algos point towards a progressive future. TRXC wont be 1.18 in 10 years. if the tech is purchased we may all get 3.00 a share. Eventually these units will sell, they will be used everywhere and the tech will grow into expanding areas of surgery. If you believe this as i do there is no risk at 1.20 only reward.
Not a Bad trading idea at all! I must say, its sad to see CVRS surpass TXRC is price point, but TRXC does have alot of potential. Short sellers love to pick on this one but that makes it an even better long, likely TRXC will try to get up and run again, but if an ISRG or ABMD stays under pressure TRXC could get crushed below 1.00...which i would be even more enticed to take the risk long if that much technical damaged manifested!
Zhalianna
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I feel I will be able to grab it lower then 1.2, still on the side line.