Jim
Congrats! It appears Visx may take a big leap.
You have two problems however.
First, you have a laser manufacturer who is making money out the YingYang, but not from the Sale Of Lasers. I see there is a(Q to Q) decrease of 25% in sales, and correct me if I'm wrong, but I think the rate of sales is down for a least the last three quarters compared to the previous year. I watched people like yourself and others murder Summit at every chance to get Visx up to Top Dog. Now I'm going to see how the new King Laser holds up under the attack from new companies eager to capture a piece of Visx's market share. And at the first sign of weakness, you know I will short this stock!
Second, I going to see what the FED does in its FTC action. We'll see how they rule, and how it will affect the stock price.
I rode this up-trend in price with both Visx and Summit in the past, and I've sold both over the years, for a positive net.
If you ain't selling product, you ain't laying the foundation for long-term success. If you are building your boat on royalties, it won't float ( Summit is dead despite the royalties coming )
I'm still buying the centers (LCAV and LVCI) where those profits are coming from that's pumping the Visx price surge , and I assure you they will be buying the best machine for the best price, regardless of Brand. The machine "dumping" you will soon see is going to boggle your mind. |
