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You are right. Surgical robots don't have full automation yet and it is more like computer assisted movements. It does not turn a bad surgeon into a good surgeon and it could be time consuming to undock (Da Vinci specifically) safely to switch to emergency open procedure. It does scale down movements and take away tremor and fatigue. In our local hospital when it was first introduce, the biggest issue was putting in guidelines for minimal competency measured in procedure volume per year per user. Lots of surgeons wanted to try it, a few had the volume to be power users and the rest were stuck on the learning curve. Very bimodal.
For self driving, you want to be able to turn it on and that's it. Much higher order of difficulty and liability. If it constantly wants your attention, it is not self driving it should not even have a name implying anything close to it.
At what level will you be willing to consider buying DE shares?
School bus is probably not a good application. I remember kids falling asleep and missing their stop and then the bus driver has a second duty as sergeant at arms.
One view of self-driving. I subscribe to a different view, that self-driving is robotics and the first law of robotics is do no harm, same standard as surgical robots.
https://www.bloomberg.com/view/articles/2018-04-06/don-t-worry-about-the-ethics-of-self-driving-cars
PLSE - I listened to the last CC but haven't paid attention since. I recall from the CC that there was still a lack of clarity on what the FDA required for cancer procedures other than that they can't just apply for general soft tissue procedures and then have it used off label for cancers. What will the data be regarding? TIA.
Nice review of CD47 landscape.
http://www.epvantage.com/Universal/View.aspx?type=Story&id=778097&isEPVantage=yes
Quite a bullish reaction. Has your view changed wrt OCA?
I was confused. These buses are 100% battery.
Utah ski resorts and hybrid diesel electric buses.
Strangled the 2/3 remainder with 295 calls and I am done for now. All expiring this week.
PLSE, AKAO, Duggan and L. Ron Hubbard
https://www.barrons.com/articles/a-billionaires-latest-biotech-bet-1522861200
I have some AKAO. I was short PLSE via options.
MYOK - Relevant to their trials. Review of best practices for HCM patients with AF and the probability of developing AF.
http://www.jafib.com/published.php?type=full&id=1556
For practical purposes, they will be the same for engineering design purposes. There may be differences in mineral composition which lead to differences in rock mechanics and permeability. The big differences may be in depth and organic content. The cores from over there look like cores from other sedimentary basins in the world.
PS. shale is just mineralised clay (via burial process)
Sounds like a lot but really not for ME, they may be conservative as they are early and source rock tend to much bigger volumetrically than overlying conventional fields. Also it is OOIP and only a small portion of it is recoverable via differential liberation process since there are currently no IOR or EOR technique developed yet for shale oil. Most of the free gas can be recovered if it is free gas and not solution gas.
from ABC "Oil Minister Sheikh Mohammed bin Khalifa Al Khalifa said the amount of oil that can be extracted from the Khalij al-Bahrain Basin is still being studied."
Ok. Rolled 1/3 into lower strike 265 to 240 weeklies (will take the shares if assigned). Will deal with remaining 1/3 before week's end. Will likely go with strangle. 2/3 exposure remains. booked positive PL open 3.2k (does not include last thursday's 250 expired worthless or yesterday's closing of 240s).
tsla - Wondering whether to close the remaining 2/3 or not. Implied V is still ~1.4X where it ought to be but came in from ~2.4X yesterday. I still think the rebound has more to go so may just sit on it or convert it to a strangle if the rebound gets too extreme.
Yeah. I thought that was super humorous but I also get that it could have been viewed as being insensitive after a customer just died in an autopilot related accident. I appreciate CEOs that are candid with a sense of humor and he is that. As for short term traders on either side of the trade, who cares. Long term holders knows the drill from Model X teething problems.
The outlook for a range of industries tied to fossil fuels is uncertain. I don't know what the value of Tesla is. I do know what it is not, it is not a traditional ICE car company, it is not a traditional electric utility, it is not a traditional energy supply company, it is not a traditional data company, it is not a traditional smart appliance company, it is not a traditional service company. It doesn't have a traditional CEO that is willing to sleep at where the critical problems are located. Like I said, I don't know yet how to value it but there are revenue streams that are perhaps modelable with high uncertainty. AI is part of it but the question now is the lack of commitment from others to go commercial scale on EVs. Just look at the latest survey of auto execs about future tech. It is laughable.
btw He moved his sleeping quarters from Gigafactory. (He was rumored to have camped on the roof.)
https://www.bloomberg.com/news/articles/2018-04-02/elon-musk-is-back-to-sleeping-at-the-factory
PS. For the institutional watchdogs that complained about his compensation plan, they should be happier now that he is slightly less likely to achieve the incentive. It was funny to watch the ironic saga of bears saying EV doesn't add up and the watchdog saying "hey wait a minute" wrt bonus plan. I will prob end up buying a Tesla (other than Nissan, the other car makers just talk) and I may end up long the stock.
closed lowest strike puts, 1/3 of exposure. Booked the ~460 profit.
The reason why I expect SA oil exports to go up even if production stays flat. Substitution is very profitable with PV generated electricity less than 3 cents/kwh. This is a massive project.
https://www.bloomberg.com/news/articles/2018-03-28/saudi-arabia-softbank-ink-deal-on-200-billion-solar-project
RE production rate of model 3
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=139719748
As expected, my puts have been all over the map today. Current status PL day is negative 2.1K PL open is positive 1.5K. PL day was as much as negative 5K. Still expecting bounce that was interrupted by autopilot crash "news".
If true, the reboot of the lines with automation equipment seemed to have worked as intended. ~2 weeks behind schedule on hitting 2500/wk target. Not bad considering all Musk's goals seems stretched at the time of last iteration.
Bahrain shale oil reserves much higher than current reserves. I am guessing there is much more in the ME if there if there is a need to tap them.
https://www.bloomberg.com/news/articles/2018-04-01/bahrain-says-its-biggest-oil-find-since-1932-dwarfs-reserves
Talked to friend yesterday re his use of autopilot in X. He mainly uses it in stop n go traffic. Doesn't use it at hway speeds. I still think the naming of the feature unwise. It is better than anything I have seen in the market. Still, AI for driving can act as AS in rare instances like running into stationary objects not recognised as such. I test drove the S and it is the best handling lux sedan I have ever driven. The prior best was a DaimlerJag.
TRXC - Report of first procedure on the Astana system on 3/27/18 so it looks like around 2 months from installation to first use at this early stage. Training was conducted in Italy and Germany with Italian surgeon proctoring the first case. This lag needs to be shorter to get system use soon after installation. This too was an issue with DaVinci in its early days, ie not enough proctors.
Tesla X Mountain View crash and fatality. Autopilot was on for at least 6 seconds pre-crash.
https://www.bloomberg.com/news/articles/2018-03-31/tesla-says-driver-s-hands-weren-t-on-wheel-at-time-of-accident
In SJ Mercury article yesterday, driver's family claim that driver had complained to Tesla on several occasions about the autopilot (Tesla said the complaints about the navigation and not steering). He was apparently confident enough about the steering that he wasn't paying attention. This should not happen just as running into the back of a stopped fire truck (no fatality in that one).
Potential reserves are bigger. Weather related costs are lower. Offset by increased political risk, although still lower than that of Mexican GoM IMO. Pre-salt W Africa would be analog but all those are PSC and not auctioned.
Playing for a bounce here in Tesla via naked puts. Have been mostly short via options up till this point. Notice this morning that as the stock went down, put spreads were narrowing. An indication that AM drop cannot be sustained. Small position of several hundred shares.
I closed out my small amount for tax loss last year. Haven't followed since. Perhaps time to look at it again.
It will be interesting to see what ISRG comes up with for lung biopsy as they have rights to develop the technology outside of blood vessels and they have been working on it with Fosun. Moll's best success so far has been Mako. ISRG wasn't a success until Moll left and switched focus to prostate from heart. Hansen failed because their cabled technology was too stiff and traumatic for heart procedures (very high rate of mortality compared to manual) and they abandoned that business. Seems Olympus would be looking at robotics too. Medrobotics via CMU looks interesting as well but not sure if that can be scaled down in diameter. Moll has a hand in HAIR as well. Dentistry can use robotics as there is a lot of wear and tear on DDS.
Model X crash and fatality.
http://sanfrancisco.cbslocal.com/2018/03/23/highway-101-85-mountain-view-fiery-crash/
Serious question, what is the B in IBM nowadays? Will any customers miss them if they disappeared?
As I thought back in January when plan was bullhorned. The US GOM stuff that can be profitable at $75/bbl is pickedover. The remainder will be even more tepid.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=137462836
ps. Aramco IPO grounded until further notice. Haha.
Ablation of PVC/VT following and through artificial aortic valve placement. Many HF patients have these, not many are equipped or skilled to deal with them.
http://www.heartrhythmcasereports.com/article/S2214-0271(17)30231-2/pdf
Until yesterday, I have seen maybe 4 Tesla 3s on the road. Yesterday alone, I saw 3 of them all around Costco, all with new plates. That reminded me of 2013 when the S started to show up in our area. Friend with X just ordered two 3s, one for each kid, only one month's wait for him. Another friend was told that his wait is late 2019, early 2020 as of last week. I think existing owners get priority.
Thanks for finding the original design time. That explains the design given the battery technology at the time.
An excellent example of creating complications from simplicity.
https://c1cleantechnicacom-wpengine.netdna-ssl.com/files/2018/03/EV-Drivetrain-Safety.jpg
True. It could just have been a special effects make up team from Hollywood.
The most intriguing part of the talk was the fee per graft part of the revenue model. The number of installations is also impressive for this early stage.
HAIR has gotten a rise since the Roth conference. Webcast available. CEO had his hair done and before, during and after pics are shown. His hair is not particular dark, grey in fact at the start, so that may just be obfuscation from specialists that don't have the system. I have a smidgen.
Correction - Instrument/disposables costs per procedure on DaVinci Xi around $2400 extra per case compared to around $1800/case on older systems. So not 10X more than conventional lap and TRXC, more like 7X.