I did not say that they ALL were short ONVO...
the same frustrations here can be experienced in other stocks as well BUT FOR REAL REASONS over which shareholders have a right to be outraged!
Take a look at the (mis)fortunes of Accuray shareholders... great technology saving lives with non-invasive out-patient treatments but drifted slowly down to be STUCK in 6-8 range for YEARS NOW.
However, much of their shareholder misfortune is due to mgmt's greed & self-reward. Shareholders are UNABLE to stop the ANNUAL PIG TROUGH FEAST by mgmt in that stock!
Luckily for shareholders it appears that Keith Murphy is focused on ONVO progress in R&D and eventual successes... not stuffing his own pockets annually with bonus bucks from selling gobs of free bonus shares given out to mgmt & voted on by a captive BoD.
I owned ARAY for a decade... and finally sold out at a break even just to be DONE WITH MGMT CROOKS. If I get cancer, I want ARAY's Cyberknife to treat me if appropriate... I just do not want to own the stock! It (my mistake and to my regret) is not another ISRG!
I'm hoping that ONVO will one day be a similar success story to ISRG (although a far different product and technology).
"I call investing the greatest business in the world because you never have to swing... All day you wait for the pitch you like,... The problem when you're a money manager is that your fans keep yelling, 'Swing. you bum!'"
W. Buffett
AI
