Aug. 20 at 10:54 PM
Institutional vs Retail ownership
$ISRG 83% vs 17%
$SYK 77% vs 23%
$MBOT 16% vs 84%
I expect we'll lose a lot people soon on this board that sell on the approval news, and that's ok but just know that's simply the normal evolution of weak retail hands converting to institutions as more hedge funds buy in once we're over
$5 dollars like you see with Intuitive & Stryker.
For the last 3 years, Microbot & Stryker have been working together to co-develop LIBERTY remote robotic procedural disposable kits, so I expect a co-distribution and sales deal to be announced after approval and with Stryker's massive presence and leverage I can see
$MBOT reaching
$50 million sales yr 1 for ~
$1 billion market cap based on a 20x p/s you see in peers or ~
$20 per share and that's just the start so enjoy the ride✌️