INMD
Probably does have some value now. But I Was worried about a bad comp and a slow down (which is why I sold), they exceeded my expectations with the announcement as more negative than I thought. Having said that if they hit guidance earnings, should be better in seasonally stronger q4. The concern though is there another warning ahead of us for q4. Lets face it there business is alot of cosmetics/Aesthetics, if the economy are slowing, that is something that is more tied to discretionary spending than saying that hip surgery or knee replacement you need, that although optional it really isn't if your in severe pain and being hampered by it. Plus much likelier to be covered by insurance than some of these out of pocket procedures. You still have the Isreal thing, you still have the tax thing. Having said that the stock is down a ton and is probably worth more than $20.75, but how much more will depend can they hit q4 guidance. Time will tell. I may buy it back, but I'm on the fence now to be honest. All is just my opinion, and I could always be wrong though.
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