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  "documentTitle": "Penumbra, Inc. (PEN)",
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  "presentationDate": "2019-07-31 00:00:00",
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  "notes": "Uses screenshots of LinkedIn and a clinical study abstract to undermine management's strategic decision-making.",
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      "kind": "callout",
      "text": "Per LinkedIn, MVI Health has ten employees and is not hiring. Is this really enough to develop a novel form of stroke therapy and all of the associated technologies behind it?",
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      "text": "Clinical studies suggest that any potential therapeutic benefits of virtual reality for stroke patients are limited",
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      "text": "We fear that management is simply looking to move into a sexy and easily-hyped business line to continue to promote the Company, and we have little confidence that MVI will amount to anything but a waste of cash.",
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      "text": "In Jan 2018, Penumbra announced the launch of MVI Health... We fear that management is simply looking to move into a sexy and easily-hyped business line to continue to promote the Company, and we have little confidence that MVI will amount to anything but a waste of cash.",
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      "text": "We found evidence that the use of virtual reality and interactive video gaming was not more beneficial than conventional therapy approaches in improving upper limb function. — Authors' conclusions",
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      "kind": "title",
      "text": "Non-Core M&A Unrelated To Company Competencies",
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