 In this video I'm going to talk about billionaires buying 400% more in this penny stock and this is significant because not many billionaires in terms of billionaire funds buy penny stocks it's very rare that they buy them and there's only certain penny stocks that they buy if they really believe in the company they believe in the future of the company obviously because they're putting a lot of money into these these stocks that are potentially volatile so they will go through the information in this video I've got to say I'm not a financial advisor I am a business teacher in my daily life but I'm by no means an expert on the stock market and I'm going to get right into the information in this video if you could leave the video like at some point that would be fantastic but I'll get right into it to respect your time I'll make this a shorter one so getting into it the two big firms that have been buying these two big institutional investors are the Vanguard group they've actually increased their actual amount of shares by 182 percent this is portfolio waiting but they've actually increased the shares that they earn in this company by 182.11 percent and then you've also got BlackRock which have increased their position by 217 percent so that tells me and you've got to think that these billionaire investors have a lot of funds and research and resources available to actually do their own due diligence just like we do right so they that tells me they've got a big they think this company is going to be big they think it's going to increase in price and I think that it is as well I think that it's going to move up in the medium to long term towards let's say I don't think it's going to be a penny stock for long okay in terms of medium to long term so let's go into this who is the company that we're going to be talking about today and what company are they increasing shares in okay but before we do that I've got to say thank you for all the support on the channel you've all been really helping out the channel and I really appreciate that we're trying to get to 10 000 subscribers as fast as we possibly can and if you can help out in any way in doing that that would be absolutely fantastic I'd be greatly appreciated for that okay so let's talk about the company so the company that these billionaires are investing in is TRXC Transentrix now these are the five aspects that you need to know about Transentrix according to investor place you know this company you've probably already heard of I do think it's good to have a position in this company and have a piece of this pie in this sort of industry where it's a robotics player and they're producing you know robotic systems in surgery there so it is a very innovative company very some would say potentially disruptive company as well so so more investors are taking an interest in TRXC stock it only makes sense to learn about the company so what do they say so they say Transentrix is a medical device company with a focus on developing robotics for surgeries its main target is laposcopy which is hopes to improve by digitizing with its line of devices the company also notes that its products can aid surgeons with augmented intelligence connectivity and robotics so again this isn't just a robotics player it's also a data play in terms of there can be data on these robotic systems whereby they can use these sort of intelligence and the data points to make decisions on what to do within in surgery itself and it's trying to build that robotics and augment that with data essentially which is really cool and it's you know it could be big and then we got and I've got some other big news on this stock as well some very recent news on this stock Transentrix was founded so stay to the end for that we've founded in 2006 and went public in 2013 after completing a reverse merger with safe stitch medical it's led by President and CEO Anthony Fernando who previously served as the COO and CTO of the company okay so to look at this this is a great image to kind of really encapsulate what this stock really does it's a robotic system okay that helps with the situations here in terms of a surgery and it says here when you digitize the interface between the surgeon and the patient the surgery becomes safer and more predictable and you can see all the sort of AI and data points on on the sides here that's that would actually be on the on the on the screen here and then they've got the robotics which actually performs the surgery there and then there's somebody just controlling that right okay so this has got a lot of potential to run up I think and it has run up but I think it's got a chance to run up further I think it's the only it's only the start essentially okay so moving on to this you'll notice here that we actually talked about this stock we talked about it on the January 7th when it was at 0.85 okay and I really do believe in the long term this has got a lot of potential to to go up an incredible amount okay because if you think about it does the company have a need yes is it solving problems yes is it got a interesting and useful product yes and another gain a lot of investor sentiment yes so I think that this has got some really good fundamentals in the company okay and you can watch this video for a deep dive into the company but obviously it's run up since I last suggested it at the 7th from 0.85 to now where it's 3.26 gone down a little bit in the pre-market but I do think that this is a good stop to get on I think that if it dips this is going to be a fantastic opportunity to buy more shares or even increase your position in the company much like many of these billionaire funds are doing as well okay so if this drops to say $2.70 why not load up what $2.50 maybe because I think in a long term this is going to be worth much more than that price point I don't think this is going to be a penny stock for a long I think it's going to move out of that range eventually okay but you can see the potential here now what's the recent news here so you've had the fact that there's two hold ratings there's no buy ratings at the moment but you have to also remember Wall Street is a little bit asleep on this particular penny stock it has to be said in the robotics industry because you know a few weeks ago they also said here that one of the Wall Street analysts said just to hold it well if you bought back then when it was like 0.85 you'd be up massively by now or 0.7 even when it was down to that level you'd be up massively by now so again they're saying now it's still a hold rating they said it was a hold rating 30 days ago in terms of you shouldn't necessarily buy at the price right but again I think just look into the company you'll see that it's got a lot of potential it really does look at the investor presentation okay look do some research on this at least you know before you're buying to the stock obviously I'm not a financial advisor you do your own research but I've got some favorite updates for this stock for you so here we've got a TRXE stock Transentrix takes investors for a ride after obtaining European approvals okay so what does this mean it means they're reaching a larger market potentially with their systems so Transentrix received a European approval for its intelligent surgical unit okay investors are hoping Transentrix can get a share of the nearly six million annual La Posse I can never say that word surgeries in the US and Europe okay so it's a huge market okay and it says here it's had another roller coaster section shares surge by nearly 30% here so it has come down a little bit from its highs and that's why I say if it's an odd dip it's good to maybe buy that dip because in the long term that will pay off okay so you buy the dip en route to your double up triple up whatever you're looking to to get out of it in the medium term maybe but in the longer term this stock's going to be huge in my opinion okay so the catalyst it says here the catalyst was a European approval for Transentrix intelligent surgical unit which provides improved machine vision functionality for its sent hand system which specializes in the surgeries there okay so don't forget to like comment subscribe and also turn on notifications we cover many penny stocks and penny stock alerts in these videos and also we cover normal stocks and growth stocks as well so be sure to turn on the notifications so that you get notified as soon as I create a video especially if it's either breaking news or a hot penny stock that may be running up to turn on the notifications you then get first hand of the video you get first a look at that video which could be a really big so thank you for watching and I'll see everybody in the next one