May. 9 at 2:41 PM
$MBOT I couldn't ask for a better chart setup. Breakout of the cup and handle looks imminent. Above about
$2.70 on volume and we'll head to
$4.10. The key for me is up on high volume and retreat on lower volume (duh, right?).
The odds of clearance are going up each day that passes. Or down, if you are a pessimist. Considering the amazing results of the trials with 100% success and 100% operator satisfaction, plus all other requirements fulfilled, I am very optimistic.
Stryker has a development agreement with
$MBOT to incorporate Stryker's neurovascular devices with Microbot's robot and create a robotic neuro package. Stryker (
$SYK) is a
$146 Billion dollar company. They could swallow
$MBOT as a light snack. They would have the whole enchilada in peripheral, coronary and neuro. Some good connections between the company principals too.
Looking forward to clearance. I think volume will be over 40 million on clearance day and fireworks will last at least a few days.
