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Happy to do it. Some day, we shareholders will get something good.
Edit: Though I did double up.
Thank you for your efforts.
I sold at the time as well, instead of waiting. Still, as we owned the stock during the window they discussed, I thought it at least remotely possible there might be something in it for us. Hence I read the crap they sent out and called.
Yea, that's the way I've always been told things go hence why I sell when a takeover price is announced.
Starbuxsux,
After 18 days of no response from the law firm, I called again yesterday. This time I did get an answer and, as I expected, only the attorneys get their fees. We shareholders get nothing monetary.
Ambulance chasers looking out only for themselves.
Steve
I appreciate it...keep us posted as it will be interesting research to keep in mind for potential future buyouts (i.e. FSYS, MNKD, OPK, ARO, TWX, LGF)
Thanks for the quick response.
I sold on the news as well. I saw little added gain in waiting and the added potential for the deal to fall thru.
I have a call in to the plaintiff's attorneys. I will post what I hear, if and when they call back. This seemed to be a logical starting place.
I have no idea...I sold after the acquisition news and never looked back...moved addresses since then as well.
Starbux,
So today (7/17/2014) I got a proposed class action settlement document. I assume you and other former MAKO holders got this as well.
Aside from all the legal gobbledygook, I see nothing going to former shareholders except the obligation not to sue again. It seems the ambulance chasers are applying to the court for attorneys fees of $450,000. So we get nothing and the ambulance chasers get something and Stryker gets off for a de minimus payment.
Do I interpret this correctly?
TIA
MAKO Stockholders Okay Merger With Stryker - Quick Facts
http://www.rttnews.com/story.aspx?ID=2239614
MAKO Surgical Corp. (NASDAQ:MAKO) Investor Files Lawsuit to Stop Takeover at $30.00 Per Share
http://www.sbwire.com/press-releases/mako-surgical-corp-nasdaqmako-investor-files-lawsuit-to-stop-takeover-at-3000-per-share-362892.htm
It's all noise now...turned a huge profit...on to the next one...
starbux lol What sap!
lawfirms come out like vultures to try to get business...they careless about shareholders and try to find an inroute to make $
We love big boards that are low key lol now we have one more 2012 gem we need to blow up IAAL?
hey you did not listen to bucky lol
lol You know how much I hate that guy lol He is such a que to know when to buy or dump a stock... do the apposite.
remember no more kids lol leave the wife alone lol Save save save! don't get greedy!
VERY bitter sweet deal here.
Banner Day here folks!!! Not even going to post the "investigation" PR's flooding in...WE BANKED TODAY!!!
Moral of the story here these past couple of months is..."DO THE OPPOSITE OF WHAT JIM CRAMER SAYS" LMAO
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=90145281
Well you can afford it! LOL
I just went "Jeans" shopping
lol we have done well in 2013. I may get my ihun again so we can do our damages lol
what a good day! the wait was worth it.
Good to see the pocket book doing great right about now, congrats star!
That's it for me today Gonna go out and enjoy the day now....WEEEEEE!!!
I love you MAKO!!!!
I know you were right!!! Forget those costly renovations; I was thinking about you this morning after I read the news. Funny I was really close to buying more yesterday, really :^(
Congrats to you!!!
Woohoo! First CBOU now MAKO! I'm on a roll of one buy out per year!!! weeeeeeee!!!!!!
What I tell you??? Forget the renovations go buy a house!
Holy mother of God!!!!!! Weeeeeeeeeee!!!!!
OMG $30 BUT OUT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! MAKO
well it is good I averaged down over the last year- $30 seems like a low price for MAKO
Daaaaaammmmnnn - way to bux
MAKO Surgical Corp. Announces Definitive Agreement to Be Acquired by Stryker Corporation for $30 per Share in Cash
MAKO Surgical Corp. (Nasdaq:MAKO) today announced a definitive agreement with Stryker Corporation (NYSE:SYK), by which Stryker will acquire all of the outstanding shares of MAKO for $30.00 per share in cash, for an aggregate purchase price of approximately $1.65 billion.
"The combination of Stryker's established industry leadership with MAKO's innovative products and people contains the power to positively transform orthopedics," said Maurice R. Ferré, M.D., President and Chief Executive Officer. "It is with this in mind that MAKO's board of directors unanimously voted to recommend that MAKO's shareholders vote in favor of it."
"MAKO has established a compelling technology platform in robotic assisted surgery which we believe has considerable long term potential in joint reconstruction," said Kevin A. Lobo, President and Chief Executive Officer. "The acquisition of MAKO combined with Stryker's strong history in joint reconstruction, capital equipment (operating room integration and surgical navigation) and surgical instruments will help further advance the growth of robotic assisted surgery. Our combined expertise offers the potential to simplify joint reconstruction procedures, reduce variability and enhance the surgeon and patient experience. We look forward to welcoming the MAKO team to Stryker."
The transaction is subject to customary closing conditions, including MAKO stockholder approval.
In connection with this transaction, J.P. Morgan is acting as financial advisor and Wachtell, Lipton, Rosen & Katz and Foley & Lardner LLP are acting as legal advisors to MAKO.
Yes that would of been smarter; my renovation is not going so well, money pit of mistakes. This is my 2nd renovation and again I am learning lessons I don't want to learn, ugh. Not fun.
Of course...priorities are always part of decision making when deciding if to investor not...if it were me I would have invested the renovations money and let MAKO gains pay for a new house lol
Yes I probably should; I am underway with some house renovations and don't have lots of spare change at the moment!
I would go out on a limb here (no pun intended)and say you should be buying as much as possible in the teens here to get your average down even further because $MAKO will once again reach the highs it once enjoyed and this time DESERVE TO BE THERE
Yes I like Mako too bad my cost basis is $22 and change- started at 36 and have averaged down over the past year! I am in this one for the long haul, I think! :^))
Thought we were on track to get that $18.00 today...$MAKO is on a great looking trajectory...those not getting shares in the teens are just plain stupid.
The World Market for Minimally Invasive Surgical Devices
Read more here: http://www.heraldonline.com/2013/09/09/5191044/the-world-market-for-minimally.html#storylink=cpy
I sure hope so!!!
It's been a huge summer for $MAKO...see you at $20
$MAKO - Mako is killin it today!
Call Transcript
In the second quarter of 2012, total revenue of $28.2 million representing an increase of $4.6 million or 19% from the second quarter of 2012.
Revenue in the second quarter of 2013 consisted of $16.4 million in procedure revenue, $8.2 million in RIO system revenue and $3.6 million in service revenue
read here
http://www.earningsimpact.com/Transcript/82626/MAKO/MAKO-Surgical-Corp----Q2-2013-Earnings-Call
http://finance.yahoo.com/news/mako-surgical-price-target-raised-105853222.html
I hope they are right.
MAKO Surgical's CEO Discusses Q2 2013 Results - Earnings Call Transcript
http://seekingalpha.com/article/1587252-mako-surgicals-ceo-discusses-q2-2013-results-earnings-call-transcript?source=email_rt_article_title
yep...shorts gonna get the squeeze here too lol
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