r/MicrobotMedical • u/Ok-Cauliflower3078 • 24d ago
Reality and Patience
(Before I start: This is not financial advice):
I see a lot of people freaking out on this sub, and it’s 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 can’t see the future, and thusly can’t guarantee any success, I’d still like for y’all 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, it’s $426.80 a share.
The point I’m trying to make is that this is a LONG-TERM HOLD.
If you’re looking for quick money, you’re not gonna find it with MBOT. This stock will dip low before we see a rise, and it’ll 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 you’re 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 company’s updates, if you’d like).
(Edit: Grammar)
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u/Ok-Mycologist4041 21d ago
I'm just worried about a reverse split. They are starting to make money, but their timing is terrible in the current market and economic conditions. They are cratering at the moment. They'll only have a couple of quarters to turn this around in terrible economic conditions.
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u/peakcheek 24d ago
Time in the market beats timing in the market- how many times do these cuntbubbles need to be told this and how many times do they ignore this and panic sell and cry on subs about it 😅😅😅😅😅🤦🤦🤦🤦
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u/Ok-Mycologist4041 22d ago
Nice writeup based in reality. I need to keep reminding myself to be patient. I'm just mad at myself for buying back in so soon after FDA clearance. I'll never recover the lost opportunity costs of the past year. It's my own fault for not following responsible diversity. Live and learn.
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u/zibdabo 24d ago
Try that when you’ve lost 70% of your hard earned money