Looks like J&J bought the WRONG company at Exactly the WRONG time. This news might deflate anyone looking to pay huge premiums to enter this space.
Intuitive has a huge advantage for whatever space it wants to enter. I suppose there will be competition but it will be tough for a newco to overcome this giant.
The hype here needs to take a break. This might be a winner but the risk / reward is pretty level right now in the short term.
Those warrants are like going to Las Vegas and betting it all on No 2 on the roulette wheel ... maybe lower odds than that even given the expiry on them.