Regarding the MAKO active long trade & setup, I noticed on Friday that one of MAKO’s key competitors, DePuy Orthopaedics, has issued a recall on it’s knee replacement device the LPS Diaphyseal Sleeve. I’m trying to do some digging into how much of a beneficial impact, if any, this might have on sales of Mako’s MAKOplasty robotic knee resurfacing robotics and devices. For those interested, the following link can be clicked to view a brief summary on the details of the recall, via Nasdaq.com: Johnson & Johnson Recalls Knee Replacement Device.
Again, I am unsure at this point what effect, if any, this will have on MAKO’s sales but it does have the potential to add to the fundamental case for a longer-term trade/investment in the stock as a potentially bullish case has already been made for the stock from a technical (charting) perspective.