MAKO gapped up the second day in a row. Of course, with options expiration and a huge short-interest, we probably shouldn't be surprised. The pop today, th0ugh, had a fundamental basis. Actually, I believe yesterday's may have had a reason to. Today, JPM was out talking about 13 new customers listed on the MAKO website, which raises the chance that the third time will be a charm (after two straight misses on new placements). Yesterday, apparently GS upgraded to Neutral and raised the target price to 17 from 15. I picked up the GS news from a strange source, so not sure it's exactly correct. Not an endorsement from GS, but, with everyone short, it's not helping them!
I am tempted to sell or sell some as we approach 20-21, but it's a temptation I should perhaps resist...
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