Mazor Robotics (MZOR)

[Phaeton]

Noise today regarding Mazor. The claim is that last May or June raid by Israeli regulators that Ori Hadomi had his cell phone taken along what his computer. I call this information FUD unless the Israeli regulators issue a statement regarding what their findings were.

If the Mazor Board of Directors felt the need to remove CEO Ori Hadomi they would have done so by now. The Board of Directors of Mazor would not play around and keep a liability on their payroll as CEO / President.

My view is that Ori Hadomi is doing a great job and his communications have been on target. It does not seem plausible that he leaked any information about their partnership with Medtronic that influenced buyers or sellers of Mazor shares.

If he is found guilty then the board will act within their fiduciary duties and fire him from the company.

Anytime a stock goes from $20.50 this time last year to a high of $65.00 last month one wonders who what and why is driving the rise and if there is information being leaked.

Hopefully we find there is nothing but FUD here.

I am long on Mazor.