Interesting you mention that b/c myself and I know of at least 13 other people who are new investors to the stock market that have invested in Titan medical over the last 12 months. Not one of them was invested in Intuitive or knew much about daVinci but understood the incredible growth in the robotic surgical market. What we understood is that once a market segment (in this case surgical robotics) that is in its infancy and is set to explode, you have to understand the risk and take a chance. we don't get many chances to invest in huge growth opportunities in their infancy (i.e. PC market, computer software, etc). I also believe that within 5-10 years, there will be multiple competitors in this segment. Red Ocean/Blue Ocean - robotic surgery is Blue Ocean with one dominant player. Atari dominated video games for 7-9 years and was the dominant player until game changing technology made it obsolete. Will Intuitive be around in 5-10 years, sure. Will they be the dominant player in the market, I'm not so sure about that.
While I wouldn't go around saying Titan will be $150/share in 3-5 years (b/c I believe they will be acquired and never get to that level), I also wouldn't say that it won't happen. One thing that I do believe, whoever gets to the market next with a game changing technology in robotic surgery (and it will happen), that company will make many people wealthy and many investors will flock to that stock regardless of their past investing tendencies.
