MAKO Surgical Corp. (NASDAQ:MAKO)
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Mako makes a robotic surgical system for knee and hip arthoplasty procedures.
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Mako makes a robotic surgical system for knee and hip arthoplasty procedures.
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I missed the last 40% drop in share price and brought some more share in MAKO on the dip. I looked at what the expectations were for their last quarter and thought they would miss them. I believe with the American economy going into recession again if it is not already this is. I do believe the fundamentals for this company are still in place. I do believe the short term prospects for this company are weak for now as hospitals are trying to stretch their budgets further. I believe once MAKO proves to the hospitals they will help the hospital to save money they will be able to improve their sales. I believe what MAKO has to offer is tremendous and long term this company can improve both in profits and share price.