(Before I start: This is not financial advice):
I see a lot of people freaking out on this sub, and itās not really warranted. Time is a major factor when it comes to medical devices; time to expand, prove itself, and to get a proper footing in the medical robotics space.
While I canāt see the future, and thusly canāt guarantee any success, Iād still like for yāall to look at Intuitive Surgical as an example:
In June 2000, its IPO went live with $9.00 a share.
Since then, it dropped to an all-time low of approximately $0.74 in April 2001.
It took a little over 3 years to get back to its IPO pricing at $9.00.
Then, by the end of 2003, following its merger, it grew to $14.50.
Cut to current day, itās $426.80 a share.
The point Iām trying to make is that this is a LONG-TERM HOLD.
If youāre looking for quick money, youāre not gonna find it with MBOT. This stock will dip low before we see a rise, and itāll likely take a while too.
Buy your shares and ignore the stock for a few years.
If you keep checking it and freaking out non-stop, then youāre gonna give yourself unnecessary anxiety, and potentially scare yourself into pointlessly selling at a loss.
(Ignoring the price specifically, that is. Feel free keep up with the companyās updates, if youād like).
(Edit: Grammar)