BIG difference shorting this when RSI was at 90 and the run was just about over and this is at a fairly cool 50.

Not afraid of Clay at all. If you remember he was on here for about a week straight as this was running from about the same level up to .26. He was on here every day with his daily chart as this was flying up. He even sounded exasperated toward the end as it just kept going.

Keep an eye on the RSI but don't be worried about Clay's chart of the day. He will put up anything that is going up fast so you should just about count on it.

A great day for us longs!! If someone on here missed out it is their own fault. They will be missing out on a lot lot more from here though so even .10 is a great buy on Monday.

Intense buying action all day sets us up very nicely for next week waiting on a few reports that are due. This has already run to .26 before and will do it again as the story unfolds. This really looks good from here!

trxc is looking mighty fine today again. Keep it rolling boys!

Thanks for being a strong voice of positivity on here Serb.

I have been quietly adding here and I like the reversal we have going on. That was extremely key a couple days ago - you could see the selling momentum slowing down, then stop. Then the pendulum started moving the other way with buyers overtaking the sellers.

If we can get this ball to keep rolling we could see another rip back upwards again!

Great day today!!!

http://ir.transenterix.com/news-releases/news-release-details/transenterix-inc-reports-operating-and-financial-results-first

- Sold 3 Senhance units including one in the U.S.

- Revenue of 4.8M compared to 1.9M a year ago same quarter.

- Net operating income and expenses compared to 16.5 a year ago.

- Net loss down to 0.9M compared to 15.4M a year ago.

The bottom line is the company is continuing to raise income and cut expenses dramatically as the units begin to sell. The big carrot though is the FDA approval that would double the amount of procedures yearly. This should happen sometime before the end of June. Lots to be excited about here.

A very nice day even if it doesn't touch the 08's. This may be day we remember that the great reversal happened and we turned it around in a big way!

The R/S could happen sooner than most people think. The company is getting a little tight on shares - i.e. 60M and could be forced to R/S just to free up more shares. They could also issue more too.

This is a situation worth keeping an eye on.

You are indeed a man of high character Jimmy.

I liked that article on RXMD today - it would appear we aren't the only ones who have an eye on this stock! It's only a matter of time when the buys come in like a tsunamai!

It has been pretty easy to be discouraged the last couple months that's for sure. The stock has lost about 75 per cent of its value and everyone is wondering where the bottom is. Even with good news the stock headed down.

However, I am becoming more optimistic as I believe the selling has dried up and it looks like it has bottomed out. The new store is ramping up and sales are improving so I believe it's only a matter of time before we catch fire again. I believe there are a lot of eyes on this stock and investors will start piling in as soon as we can get some momentum going again.

The news from the company continues to be good though and they aren't losing money!

Krig - I can not send private msgs but thanks for the kind words. I will reply to you on here. I think the reason I believe this has bottomed out is if you have really watched the buying and selling the last few weeks you will see that there was heavy selling each day. The share price reacted and of course went down - just about every day. Even when the company reported good news, it continued down. Panic was running rampant and you had a few people on here trying to stoke the flames with nonstop posts.

The last week, the selling started to dry up - just look at the volume. The share price slowed its meteoric descent then stayed flat. The last few days the share price is starting to creep back up again and buying is starting to come back. I think there are many people waiting for the pendulum to start going the right way again before going in huge. They want to get in when they have a confirmed hot buy!

Things to watch out for are the numbers from last month coming in and quarterly numbers but a real wild card might be pending partnership news from CVS - sounds like there have been some talks between them.

Lastly if my man John CM is saying this is washed up - that is what he is talking about. He knows what he is talking about!

At the very least they are in the spotlight in this stock and hopefully there will be watchful eyes from the SEC on it. Hopefully that will deter some of the naked shorting going on - the company seems to think so.

Agreed. This was actually a very big week for RXMD. The most important part was reversing the steady downdraft since .26, a systematic selloff and takedown we saw the last few weeks. Selling finally started to dry up and I think we finally found the bottom. You have to wonder how much dry powder is waiting around to pile in once this gets rolling again. There are a lot of eyes on this one so once it gets that bottom and reversal it could start moving up fairly quickly.

So far it is moving back up again but fairly slowly. You know what though - after the last few weeks I will take this one because I now see that trend reversal. It is not yet "in play" but that could change quickly once money starts piling in.

Watching this very closely as I DO have some dry powder waiting to add in more. I strongly urge others to do the same thing!

Might be getting some late movement here - solid day so far - looking for a good close which might signal some good news next week!

Good morning to you too Wack. It's a day of hope and a day that could get us going on a reversal. Finally looking forward to the opening bell for this stock!

Amen on that -- I feel good about tomorrow! I think we start heading back up again - hopefully we are done with those t-trades...we have to be pretty close to being done!

That is the nuts and bolts of it. They are trying to expand and are actively looking for creative ways to do it.
This has been punished way too far - people loading here are going to be very happy someday!

Still like this one - and I think good things are coming as the company expands. We are going to need a spark - some type of catalyst that drives more money into the stock and less out. Already we are seeing the selling drying up and the buying actually outweighs the selling each day.

Traders today want to get into something that is moving upward and will pile in once it does, usually late. Traders bring volume but once the share price dries up, they will pile back out again and the price goes back down.

We simply need more buyers and less sellers. This will catch on again and heat up - u can count on it!!

Well - After considerate thought - I hit it for 97k more at .07.
I believe this has bottomed out.

Yeah there's nothing like getting your stock whacked by 75 per cent to shoot down any type of confidence in the company!!

Gee - I wonder why? LOL. There's lots of disgruntled shareholders who took a pretty big loss on this one.

Hopefully we can get it turned around very soon!

I honestly think that the RXMD management did not know this was going to happen. I think they thought all they needed to do was put out some press releases stating there was going to be expansion and the share price would come right back.

I would LOVE to open a business get some shareholders and have them pick up the tab for all expenses then give myself huge bonuses and let them pick up the tab foe that too - that would be a dream come true! But that is just what they did here.

Eventually you need to fund your enterprise not on the shareholders but with traditional financing and pay it back with the profits. I am not so sure profits are a priority here - net revenues are. Some people on here love the management team on here while others do not but at the very least everyone must agree they are not the most shareholder friendly management group.

I like the franchise idea a LOT more than diluting more stock and let the shareholders pick up the tab. Everyone on here is looking forward to starting a third location but I kind of dread it because I get the feeling that we are going to pay for that one too.

I do not know if we have found the floor yet. It has broken support and its looking for a bottom. Anytime they announce news it doesn't respond positively - it goes down even further.

It's very tough to be positive right now - it has been freefalling from .26 down to .065 -- a 75 per cent retracement in just a few weeks. I keep thinking it has got to bounce back at some point but it just goes down even farther. Not sure what it will take to start moving back up again.

And you know what I can take all this but I REALLY hate every time it goes down you have the cheerleaders with their pom poms on the board incessantly telling us all about it gleefully - you have to be a real low life to do that.

Well Dave -- looks like the shareholders fought back pretty hard on that. They took a .26 a share company and sold it off to .06.

Wonder if he still thinks that was a smart idea.....

I think they ARE trying to be visible - they are putting out press releases but it isn't going anywhere. Any news is being met with more selling. They might be best off just laying off the "news" for a bit because it isn't working.

Just work the plan and things will come around.

This is just sad to watch. They really did a number here on this one - not sure how much farther it will go down. ALREADY BEYOND NASTY.

Wouldn't be surprised. If you noticed - price bounced off .08 support level (and we called this a week ago if you remember!)

Going back up again. Churning back upward with more buying than selling here. Look for a challenge of .10 the next couple days.

I believe you are correct. Sure looks like the selling is drying up and it bounced off the .08 levels back up again. More buying than selling and the price is being forced back upward again.

Nice little green day today - looking forward to tomorrow for the continuation!

Regardless, looking for a nice little rebound here. Looking at challenging back to the .10 range here in the next few days. Good things to come!

We could be heading for an epic run - finally getting to making sales on Amazon (and they sound like they are going very well!) is absolutely huge.

Hold for much greater gains!!

This will be a stock to watch tomorrow and the rest of the week for a continued run. Nice action on Friday and it will be interesting to watch sales on Amazon - looks pretty hot so far!

Looks like a strong runner potential. If this company follows through on its game plan we could be really moving. I like the news its product is now selling on Amazon.

.05 potential! Count me in.

It pains me to say this but you are correct. This will bounce back eventually though and we will have our day soon!

Thanks. I am wondering what it will take to get the volume and mojo back here and I bet our CEO is wondering the same thing.

For me, I would like to see the bottom line improving and/or assurances they will go the traditional route of financing without hitting the shareholders with more dilution. Increasing the net revenue is nice but much more important is seeing the net profit/loss. The next round of numbers that I see from them that is where I am heading first - I want to see that bottom line.

The first question I would ask CEO Mars is what can we do to make things more profitable and what plan do we have to streamline expenses without affecting expansion. This is her biggest challenge.

Consider investing here - it isn't as flashy as some stocks that are hit or miss 30 per cent in one day but this is just a solid dividend stock that pays monthly. You won't get rich overnight but I am looking at this to hold long term with the potential of a 20-25 per cent return in a year. Looking at an additional dividend payment coming up as well.

This was very good news today and it should not be underestimated. Nice record profits with a 300 per cent gain over the same quarter last year. I expect these gains to continue as this product is catching on in a big way. This company has already had a nice run but I think it is setting up for another one as this is coming together.

A lot of eyes on this one and if this gets going I expect big volume to come in. Just hang in there - good things are coming!

Volume has fallen off dramatically but that could come back with a vengeance with some good news - there are a lot of eyes on this one.

I don't think the CEO is crooked but she isn't as savvy as I would like. I think she is working very hard to build this company but she had no idea the stock options would hurt this as much as they did. Investors could have told here otherwise.

One thing that bothers me is too much attention is given to net revenues and not enough on net profits. I don't care if they are reporting 50 million in profits if they are spending 60 million they will eventually be out of business if they don't watch expenses. I would rather have her make only 5 million in net revenue if she was making 2-3 million in profits. Those profits would fuel expansion and get the type of share price she wants. Now I am not expecting these types of profits - this is just an example of course but the bottom line IS the bottom line. Let's see more attention on profits not just net revenue. Then you won't have to pick the pockets of the shareholders any time you want to expand!

You are correct. I hope she thinks twice before she ever does it again because if she does, this could get just nasty.

My guess is it will be a while before she does it again so hanging in there.

very quiet day today but at least we are headed up a bit. I will take that.

I find these message boards interesting in that you wonder the motivation for people to post on a given company. Sometimes you see irrational exuberance, or desperation. When everyone is talking positive it's usually time to sell.

On here everyone is upset and angry with the company but maybe it is starting to turn it around and this is the beginning stages of a nice run. That is my initial intrigue here.

- Positive ruling on their court case
- Store opening

...this could be starting a very nice run - in for a little but will add if I see the continuation today.

What I find ironic is usually the message board will be super positive even as the share price is going down. On this one everyone is bashing while it is going up!!

Keep this one on close watch.