Playing where's Waldo? In case you don't remember his name, he's the analyst from Oppenheimer that downgraded Intuitive Surgical (ISRG 254) Tuesday on "hysterectomy" concerns, which incidentally had the highest sequential growth for the quarter of any ISRG line! Nice channel check. At least when I did a "channel check" for votes in the FL primary, I hit it out of the park. He completely whiffed! But that's what he gets paid the big bucks for. To panic!http://aaronandmoses.blogspot.com/2008/01/fl-primary.html
Today the stock traded as low as 228, and as low as 233 in the afterhours even after reporting earnings of $1.24 versus estimates of $1.04. The stock then rebounded during the conference call to 293! Who sold the stock 60 points lower who couldn't wait 30 minutes? Bears wanting to break the momentum stocks?
With Ackman sending white papers to the world disparging the monolines, don't think that the short hedge funds aren't playing dirty tricks in our market. And these funds play to keep, and the "dirty tricks" they use are not the ones Romney said McCain pulled on him. That's just Romney being a patrician crybaby!
So the shorts cry tomorrow on ISRG! It's about time!