19 days to the Medtronic unveiling... but it has been mentioned several times here that nobody has yet found any patents or applications for Medtronic in the Single Port realm. How is that possible? Well, I know at least one way that is possible!
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66, HC777 has been very transparent that he is shorting the stock and needs it to go down to cover. Whether it is shady math on the Aspire pricing or just telling people to sell at one point and buy back later to acquire more shares. That is straight out of the playbook that shorters use to legally work the system. Sell now at $1.20 and buy back at 70 cents.... Sell now at $2, take the tax loss, wait 30 days and buy back in at $1.
Bottom line is that they think they have all the time in the world to work this over and they do have some BUT we are close enough to the end that ANYTHING can happen at ANYTIME.
Sell now - wash sale applies and will have to wait 30 days until buying back in. IDE sumbittal is in less then 30 days.
We have 19 days to Medtronic unveiling their surgical robotic platform so at the least, anyone who is thinking of selling should wait for Sept 24th to see what Medtronic has.
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