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Procept Biorobotics Corp (PRCT)

NASDAQ
Currency in USD
19.30
-1.72(-8.18%)
Closed·
Pre Market
19.48+0.18(+0.93%)
·

PRCT Comments

Procept might be a screaming buy near term after the pullback from touching 100 with uptrend still intact and surviving the hit piece from short selling promoting Spruce today nice bounce off low near open around 76, might pull back a little and then it looks to be ready to move up over 80 then over 85 in coming week or two.
ben axler and spruce point capital.. big time activist short selling firm.. kind of go after company stocks like this and hope to profit from negative info they put out... if you look at article dated January 16th, 2025 their short recommendation is supported by essentially hot air.. they how no real knowlede about company or its prospects and just did a hit piece, maybe being short already and hoping to get stock price to break very short term support that was around 80.. well uptrend is still in place with low staying above it and low did not hit with low for today at 76... next leg up should get stock price into the 90's by mid February imo.
I was wrong. Long and medium term stock price should be much higher than current price of 64. Maybe the saline shortage caused by damage to saline production for half of America based where Hurricane Helene struck in North Carolina both stopped procedures with nearly 2000 needing to be cancelled and also hindered sales. All that is behind company now with January 2025 last month really impacted and Q1 2025 last quarter impacted.. company is already getting back to prior estimated sales levels and appears ready to grow even faster than before. With analyst not having adjusted anything for impact of saline shortage, they lowered estimates for Q1 last couple days and now.. will probably start raising estimates for future quarters... so it appears now is the time to buy around 64 dollars per share. . 12 dollars under where I thought it was a good buy before.. so what about me.. I am long now.. my average price is higher than current price, but I think March and April should see nice upticke in stock price.. my target price is 75-80 in one month, and back over 100 by this fall.
Best investment ive ever made
To the moon!! 🙏✅
Great investment. Up already 3% for month. This stocks going to thr moon
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Solid!
3/24/22 $35.74 @ Close!
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