Asensus Surgical Inc (ASXC)

[RockoTaco]

Actually no it does not scare me, what would scare me is if I invested in TRXC. Couple of months ago it is $14/share, now it is $2.50 or so. I am very familar with Transenterix considering it is in my backyard, I have had friends who have worked for them as well and a network of connections in the RTP area that i relied on for info. A little over a year ago, I had a chance to either invest in TRXC or TITXF to try and capitalize on the growth of Robotic surgery. I could either invest in TRXC at around $8/share at that time or TITXF at around $1/share at the time. My research led me to invest in TITXF and I am up (not much but up), if I had invested in TRXC I would be way down like a lot of people who invested any money in them prior to April of last year.

I added TITXF to my portfolio b/c I think it is an investment (with Risk) that could ultimately provide a life changing reward. I added TITXF b/c it was a 3-5 year investment (knowledge of how medical technology is introduced to the market place and the growth of robotics market) and the technology is significantly better than da Vinci.

My point on the article is that if TRXC can't capitalize on hospital markets in their backyard, how are they going to compete in a global market.