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Listen, as I have said before I hope you all make money here I really do. I just don’t see it. Since you are making reference of Tesla, have you not seen how many pre-orders they already have for the new semi truck which won’t be available for a couple years? If Senhance was that good I think orders would be coming in like crazy. Thoughts?
Hmmmmm, wonder why Senhance isn’t selling like hot cakes. You would think there would be orders coming in like crazy. So Weird.
Jcscottsdale, if 7 year old Senhance was as good as you claim someone with deep pockets would have scooped it up years ago but no one did due to horrible sales and it was not an alternative to the beast mode Da Vinci. Again, I will promise you TRXC will have a very difficult time selling units let alone a buyout...let’s hope I’m wrong but I believe the writing was on the wall years ago for Alf. Surely you don’t believe the name change will fool anyone.
It really blows me away that folks here think Senhance is going to be a huge success. Once the 100 million is burned through, I really believe TRXC will be in serious trouble. 17 Milly in debt, massive monthly cash burn and not much in the way of revenue in the foreseeable future. The only way out this mess will be attempting to bring back Surgibot, IMO.
It’s really laughable that some believe ISRG is either going to acquire TRXC or paying for bloggers to trash the company for a better price etc.. I can promise you ISRG could give two sits about TRXC.
I retract my statement regarding how laughable it is that some truly believe an acquisition is around the corner or the huge success Senhance will be. I like to see people make money not lose money...
Nice little uptrend but Looks a little fishy don’t you think?
That’s awesome. You are one lucky devil to be in Trxc. Seems like everyone else is jumping ship.
Thanks for the update, Flendy.
Wow.... can you ask your “friends” at trxc why they cant sell units? Why the name change from Alf? Why employees at trade shows where telling people to buy stock because orders are coming in like hotcakes?
Thx
You can't compare a disruptive/game changing Single Port Devise backed with raving reviews from world renowned robotics surgeons with a 7 year old multi-port devise with miserable sales. Alf is not the answer to the Da Vinci and that is a fact, Jack.
Slander a stock? What? Cmon, man. Take some time and educate yourself a little. Speak to Surgeons, learn about whats coming to market by others, and understand no sales won't pay the bills. Listen, I hope you all make money here but I just don't see it happening. I believe Pope is running out of options which is most likely why he and the CFO dumped stock. They made their money and if it all goes down hill from here at least they each were able to stash a million....
What are you talking about? Senhance is a dud. The first US sale was a give away for training purposes and we will all see this in the next quarterly call.
I would sell in a heartbeat
No one will touch Senhance and big money will soon give the share price a major haircut. Both the CEO and the CFO are very aware of this which is why they sold over 1 million shares. You can call it what you like but i will promise you that TRXC will soon run out of options as Senhance fails to sell units just like it did for the last 6-7 years in Europe.
The fluff PR regarding the sale to Florida Hospital was at a HUGE discount if not for free which the Seeking Alpha report published today is clearly stating.
There is money to be made in this industry without a doubt but it won't be here. Senhance has been a bust for 7 years and will continue to be a bust. Nothing has changed other than Pope's bank account.
The future trend is going to be single port so Surgibot may be the saving grace. Not Senhance.
TRXC has two options, sell devises (at full price) or sell more stock IMO. Don't be surprised if Pope brings back Surgibot to help raise more funds. Surgibot helped bring in institutional money so I won't be surprised one bit. I truly believe surgeons think that Senhance is not the answer to the Da Vinci and that is why orders are not lining up. If Senhance truly was a disruptive devise i can promise orders would be coming in and in a hurry.
Could McNally be cleaning up the company in preparation for something big?
By no means Am I saying buy or sell. Just looking for solid reasons why I should be more excited here. I’m sure There are many reasons why Alf had a very rough time Selling units in Europe since CE clearance back in 2011. Obviously, Alf was not the answer to the Da Vinci hence extremely disappointing sales which eventually lead to a fire sale to TRXC. Now you have a name change (Alf to Senhance) and FDA clearance but clearly not going to fool anyone.
It would be like me buying blackberry in 2012 and for a last ditch effort relaunch it today with the same old technology but call it Xscape or whatever.... probably not going to fool to many people.
Please take a hard look at the facts regarding Sales. Only a handful of sales in Europe since 2011 and i assume one greatly discounted sale in the US as of today. Did I miss anything? This seems to be the pattern here.... No one wants Alf!
TRXC is CE and now FDA cleared and still not moving units. You can't argue that if Alf was as great as some here hope, there would be sales coming in right and left. Listen, if Alf was so great why was Pope able to scope this up at a fire sale for only 100 million? Its was a dud back in 2011 and will continue to be one going forward. MARK MY WORDS. Next conference call should wait the picture pretty clearly.
I agree with you 100%. No one wants Senhance and the numbers will prove this durring the next quarterly conference call.
Question for the board, if Alf sales continue to not happen in Europe why do some think this company is going to be so huuuuuge? In 2105 Pope hires a former sales executive from ISRG to penetrate Europe and still nothing. What am I missing. I keep trying to understand why people are invested here and can t really understand. Also, how long will that 100 Million last? Six more months, a year? Thx
That sounds about right. Follow the big money.
CMom, guys! Let talk about how they plan on selling devises. Who cares about how many shares a board member has. At roughly $40 million cash burn per quarter TRXC better start selling units fast. They are bleeding cash like crazy with an upside down balance sheet.
Is this setting up to be another pump before a dump? Lets hope not.
I would absolutely be interested. Thank you, H2004
Wonderful news! This is huge. I hope the next major news is a partnership with a big player which will surely shoot the PS through the roof and no R/S required. Ball is in our court now. SPORT is a disruptive product that is now funded to FDA submission. WOW! Time to pour myself a glass of that 40 year Glen Levit.
Is the deadline for shareholder approved R/S in March?
So strange why TRXC has such a hard time selling devises? Something doesn't add up here.
Oh hell yeah!!!! Trading halt any minute per our resident expert. What do you think, Dr_Biotech? 15-25 billion by Intuitive?
Good morning team trxc! Hopefully they can sell a unit this week.
Insiders dumping huge chunks of stock is very telling. At the end of the day the top 2 executives unloading over a million shares between the two of them speaks volumes. They are both financially set now while investors here continue to dream big. We need another outrageous prediction from dr_biotechguru pretty quick to keep us all grounded.
Hopefully it works out great for you and others here. Question though, If sales do not begin to pick up will you begin to change your tune regarding Alf's capabilities within the robotics space? Not so much on capabilities but rather fierce competition from rivals with game changing or disruptive new devises?
Alf has been around for 6 plus years with only a handful of discounted sales. I see that as very concerning. A perfect example of game changing or disruptive products would be the new Tesla semi truck. It is not slated to be available until 2020 and orders are coming in like crazy. From large grocery chains, freight forwarding companies and now walmart.
I do not see Alf really gaining anymore traction with FDA clearance based on its history and the fact that its really nothing more than a copy cat of the Da Vinci at a fraction of the cost. Lets not forget the large revenue source from recurring instruments and accessories which does not exist... Think about it.
All we have here is Dr_biotechguru5 daily predictions which seems to be keeping the dream alive for most here.
Thanks for sharing. Looks like a pretty massive device. Not a big fan of the straight sticks either. Also, it doesn't really appear to be a game changing devise IMO but rather a me to devise for a fraction of the cost... It might do okay due to strictly cost but I really do not see the benefit over whats currently on the market and what will be coming out by others. Oh wait, I forgot about the Haptic feature...
I ask, Is this a buyout worthy devise? I do not think so. Any doc's on this board that might be able to give us a solid technical analysis why Alf is better than De Vinci other than what we already know, PRICE.
Thx
Thank you for the crash course in capitalism 101. Explains why trxc insiders are dumping shares very well. Oh, and thank you for the Jeff Bezo’s comparison because you nailed it. Bahahahaha
why in the world would an insider dump hundreds of thousand shares. This can’t help SP.
Wait, what happened to the outright buyout last week with IRSG?
I believe the link below explains why TRXC is headed in the wrong direction. Surgeons in Europe have spoken and I think we should all be cautious here. Thoughts?
http://m.benzinga.com/article/10780082?utm_referrer=http%3A%2F%2Finvestorshub.advfn.com%2Fboards%2Fread_msg.aspx%3Fmessage_id%3D136213274
Thanks. I really wish I could be a part of a raise like this. I am patiently waiting for the right time to add greatly to my position, which almost happened the day after the CC. Now I think I may wait for the RS and then load. Kinda stuck here.
Has anyone heard from Dr_biotechguru5? Didn't he mention yesterday he was talking Alf out for a test drive? Did I miss his expert analysis? Thx.
So whether or not the demand is high you think warrants should be attached to this raise? Thx
Great News. Thanks for sharing. I feel much better but still don't understand why attach warrants when demand is so high? What am I missing?
...and probably at a huge discount.