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I concur!!
lol! Dude, your prognostication skills are spot on!
I cant imagine a $.65 to $.70 cent drop before the next major milestone unless there is a delay of some sort announced.
I am not going to be the one to predict a sub-$2 pps. Ive been quite comfortable buying in the current $2.07 - $2.14 range.
If the design freeze has actually happened, I would assume the manufacturing process design (and building of the first units) is beginning to ramp up. They will need to be ready for their intial push overseas, which is right around the corner.
Well if u are, Ill never doubt you again cptjsd!
Ive heard a couple of other surgeons say the same thing about the camera technology. Also thought Daktari's post about the patient who died during his third year in medical training highlights the importance of new / better visual and access technologies!
lol, thanks Golf Pro! Just try'n to help!
You found the source too?
Upon announcement of the design freeze, look for TITXF pps to double, or not.
I located "the source". There will be news soon. Possibly the design freeze announcement, or maybe an uplist, or could be something else.
lol!!!
I concur!
This has been a point I had been making in the past as well. With increased scrutiny of daVinci it is not out of tve realm of possibility that the FDA bump these devices up to Class III status. This would require a PMA and US clinical trials to support safety/efficacy. Very small chance of it happening, but if so, the process will be slowed significantly.
A viable product???????? wtf?????
Exactly my plan. I am happy with the total amount I hold now and I didnt shoot my wad today and buy too much. I will keep buying if it keeps dropping.
Think of the MMs as "bulk day-traders." They will not be able to do this forever. We will gain traction at some point and they will drop out and go find other OTCs to abuse.
I held off buying until today just for that reason. My gut told me the news from last Friday would push pps up a bit early in the week then the MMs would tweak their calculations and bring it back down. I almost bought at the end of the day Monday but held off and bought at the low today. It's been a fairly consistent pattern for the MMs since I started buying last Feb. I was burned by them last Spring when we spiked and I bought in the upper 2.40s thinking we were on a legitimate run, only to have it drop considerably again. Lesson learned!
Good explanation IITF!
ATDF spread is $2.12 - $2.22 this morning.
Great article!!!!!
Im not sure you were involved in the discussion awhile back Diamond but I think we had a discussion about Sierra Equity Review once before... They typically make bogus claims regarding OTCs. Guy Leitch is an a$$hole!
Would be great if it's true but good chance it's a false claim.
The link just sends us to the web-site.
What they could really use is a major media outlet or two to start some chatter. Even just a general piece on surgical robotics w/ mention that Titan will be a player. Problem is, it typically doesn't happen with an OTC stock.
Not if enough people start buying and are willing to buy at higher prices... Investors need a reason to buy. Too many don't know about Titan yet.
Agreed.
Me too!
It's no different than individuals who day-trade. The MMs advantage is the machine doing the work and lots of $. They will get snuffed out once we get to NASDAQ. This is the price a long holder pays when investing in an OTC stock.
They are profiting by making $ on the bid-offer spread. They use computer algorithms for high-frequency trading. Nothing illegal is being done but it's not a level playing field IMO either.
They're not gonna let it rise! And lots of things lining up against most stocks this week. I'm really looking forward to the design freeze announcement and the uplist. This is so damn monotonous to watch.
Let's hope the CDC gets this Ebola thing in Texas under control. If more cases start popping up, it could really affect the psyche of investors!
Anyone think the pps will be "manipulated" below $2 before the next announcement comes (Most likely in November)?
Good post!
A big winner today is Tekmira Pharma because of their work on an Ebola treatment.
People are pulling $ out today because of economic / geopolitical news! We're lucky Titan is maintaining its pps today!
Seems some on here set themselves up for a letdown this week. It will happen folks.
I agree. It will also take an aggressive marketing campaign at the outset of commercialization. Titan needs visibilty.
These are small choppy movements up and down so I would assume day traders. They're not in this for the homerun, they try to make a little bit each day. This has been a fairly easy stock to do that with. Some longs may get nervous too and keep buying and selling, but that's just inexperience and impatience. The market makers adjust the algorithms accordingly. We (longs) are getting beat up by computer calculations and day traders. It will end at some point. We've had four fairly solid announcements in September and look where we ended the month.
...which is difficult to do until we have a marketable product.
Titan needs "chatter" in the media!
Until we uplist and get some consistent bulk buying and some legitimate press coverage, the MMs are going to feed off this stock.
Getting the word out!!!!!!! People need to understand how this device will impact the industry. People will buy it as the price rises if they understand its potential. The general public likes shiny new technology... Gotta educate them.