Better Coverage for Robotic Stocks

Unfortunately we’re still not a big enough industry that we get good news and analyst coverage on important events.  For instance, Hansen Medical (NASDAQ:HNSN) announced FDA approval of their new surgical device yesterday.  Expected perhaps, but still uncertainty reducing good news for the company, the stock should go up.  It does for a few minutes, then the market goes back to hammering them.   For a company of alumni from Intuitive Surgical, what gives?

I understand they are not growing, but it seems like they have the breathing room to perfect their product and growth does not occur linearly in these kinds of companies.  I’d love to see some good information on what the company should be valued at conditional on success and what the current market discount implies about the probability of success.

Check it out on Google finance:

http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1338964260514&chddm=1955&chls=IntervalBasedLine&q=NASDAQ:HNSN&ntsp=0

Q1 2012 Conference Call Transcript:

http://seekingalpha.com/article/553711-hansen-medical-s-ceos-discuss-1q-2012-financial-results-earnings-call-transcript

About Robert Morris
A robotics businessman working to make the economy more human.

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