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TRXC - Last Quarter's Results Proves That TransEnterix' Surgical Robot Is A Total Failure
TransEnterix Inc.
TransEnterix (TRXC) is a robotic surgery company we have followed for awhile. We shorted it in October 2018 at over $5 per share. We received a lot of interest and buzz, both positive and negative, over our report: TransEnterix: Surgical-Robot Expert Calls Senhance ‘A Piece Of Junk’ As Insiders Liquidate Holdings, published on 10/24/18. We’ve done a deep dive look into the company again, and have surprisingly found that it’s just as good of a short today at $1.20 as it was eight months ago at $5. The company is in a