Seeking Alpha

Mako Surgical's (MAKO -4.2%) Senior VP of Sales & Marketing, Steven Nunes, left the company...

Mako Surgical's (MAKO -4.2%) Senior VP of Sales & Marketing, Steven Nunes, left the company yesterday, with CEO Maurice Ferre assuming sales responsibilities until the firm finds a VP of Sales. Nunes departure comes after Mako's shares were battered last week following a sales warning. (PR)
Comments (6)
  • TruffelPig
    , contributor
    Comments (4093) | Send Message
     
    I guess that had to come after two disappointments in a row. I am still long-term bullish on the stock. Bought more today.
    18 Jul 2012, 02:07 PM Reply Like
  • JohnnyPaul
    , contributor
    Comment (1) | Send Message
     
    Kahn Swick & Foti, LLL and the Attorney General of Louisiana, on behalf of shareholders, have filed a securities class action against MAKO Surgical Corp. The law suit affects shareholders who bought shares from January 9, 2012 and May 7, 2012. I had shares of MAKO, but I want to do business with a corporation that is either taking actions that the SEC doesn't approve of or is misinforming their share holders. Money isn't everything.
    18 Jul 2012, 04:05 PM Reply Like
  • TruffelPig
    , contributor
    Comments (4093) | Send Message
     
    Ignore those things - they always do that on ANY negative surprise. However, on positive surprises they don't do it ;P. It has become meaningless and only serves to promote the name of those firms with exceptions when real fraud is involved. Do never trust a lawyer ;P
    19 Jul 2012, 03:51 AM Reply Like
  • jdoans
    , contributor
    Comment (1) | Send Message
     
    I had option naked put MAKO 10 contract Aug 18@22.5 strike price and premium is $1.3 now $9.2 so if I buy to close this transaction I will loose around $8000 please let me know what can I do????
    19 Jul 2012, 03:15 AM Reply Like
  • TruffelPig
    , contributor
    Comments (4093) | Send Message
     
    You have always to be ready to get puts assigned. Take the shares and wait it out - that way it is only a paper loss and I am certain MAKO will come back. I am NOT selling my shares - I even bought more.
    19 Jul 2012, 03:50 AM Reply Like
  • k9isadog
    , contributor
    Comments (2) | Send Message
     
    roll it over: or let it put to you write a call and another naked put dead money until theyfix the sasles mgmt
    19 Jul 2012, 07:58 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs