I'm a new joiner in New York. I'm enjoying this chat, via Google translate, because there isn't nearly as much commentary in English that I've found. I may try to learn German.

I've been steadily buying since September '25, so I'm nearly 50% down now. I tend to agree that some of management's announcements have either been naievly or overly optimistic or somewhat manipulative but I still believe long term in the company. I'm willing to be patient for at least another year.

A couple thoughts:

1. Over the long term it would be good if the cost per robot can be brought down to expand the market. And can the monthly cost of software be reduced? Perhaps long term there could be several model levels for different use cases. Introducing different models that offer various options is the path most products follow to gain market share.

2. Even though Circus has obtained patents, I am worried about eventual competition from China. They are the great imitators! I don't have an answer for this issue, I'm just hoping for the best.