By “well” I mean TransEnterix sold a couple surgical robots, as this still highly speculative company moves forward. They are applying to expand their addressable markets and getting out there to their current markets with a new – and I assume expanding – sales force.
I bought this consolidation long ago and have watched its paint dry as a dreaded… investor. I think there is a place in a portfolio for trading, a place for sound investment and then a place for lottery tickets like this, which are a call on the future. The biggest place of all, by far, remains dividend paying T Bill funds.
As for TRXC, I’ll continue to hold and will not be surprised to see the gap fill at some point.
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