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Doubt it.
You say investors are waiting on the sideline and missing the opportunity here.
Yet, Medtronic is going to wait for 8 more patents before buying Titan?
Seems unlikely.
scoop em. Brilliant.
I was too enthralled by the brake patent. Will look at it again. Already getting comments form Adrock who contributes so much to this board(lol) who is questioning my position. Does not take a rocket surgeon to look at when I joined this board(2010) to see I am a long here. Clueless.
Took another look. Obviously good news but not earth shattering. Another step in the right direction. Not sure the 22 percent jump was attributed to these patents. Time will tell.
We will see what TMD does today for any clues.
Well thank you for the huge news. ENOS has brakes. Was worried for a second.
Looks like a great day on moderate volume with zero news. Guess time will tell. Let me know when it hits $20. I can head back down to Ajijic for good this time.
In the OR doing a Davinci inguinal hernia repair and a gamma nail. Looks like we made some money today on no news.
Add another trocar and BOOM there is your third access point. If the powerful and mighty DaVinci needs an assist at the field surrounded by a jungle of arms, why can't ENOS add another port to help out? Two incisions beats four, yes? Am I the only one that thinks it is hilarious that a $1.5 million robot needs an assist at the field?
Had a middle aged woman with zero heart history code near the end of an ACDF. Interesting doing compressions while surgeon is racing to close.
If you have witnessed an assist during a DaVinci case, it is a tad comical. Multiple arms hovering over the abdomen with a scrub tech also by the field helping the DaVinci do the case. When you really think about it, it seems quite illogical. And it happens frequently with hysterectomies.
I know ENOS is single port but it is not out of the question to have an assist by the field helping ENOS. In some cases, you may need a second trocar which is not a bad thing.
I think it is the combination of less cost, haptic technology, more maneuverability of the robot, allowing for reuse and better access to the surgical site that will give ENOS an advantage.
I hate to say it but in a code situation with regards to the DaVinci, the patient's likelihood of survival is not good. Trying to remove the DaVinci arms and removing it from the patient takes some time. A lot easier to remove one port and back the ENOS away from the patient seems like it would be faster. Witnessed code situations in patients with no significant histories or with no history of cardiac disease.
Hoping for a buyout but nobody can be sure. Just try to provide information that I know from the operating room. Don't believe in making continual predictions that do not end up coming to fruition like some here. Sit and wait.
It is definitely smaller than the behemoth of the DaVinci robot.
It may be more marketable to the patients. One incision through the umbilicus.
Yes. I am talking about arms. My mistake. Titan and DaVinci will profit from their disposables.
Took a hiatus from nursing and travelled to Mexico. Recently returned to a new OR. Six rooms. Room 6 sits empty most days because it is a DaVinci room. Why? Because the DaVinci takes up too much room to do other cases safely in such a small room. Similar to most if not all outpatient surgery centers. ENOS will have a smaller footprint. So you spend 1.5 million on a DaVinci for it to sit unused in a room. The room is not generating revenue to its fullest potential because it cannot be used to do other cases. How many millions per year are you wasting by having an OR sit empty day after day.
Some days we do total joints and could use the second room to jump back and forth. Have two teams, improve turnover time and surgeon satisfaction. Less time for families to wait for their loved one to have surgery and get on the road to recovery. How more efficient and profitable would a surgery center be if you could actually use that sixth room as it was intended?
Spoke to a few staff including a DaVinci surgeon and asked them if they have ever heard of Titan or ENOS. Everyone said no.
Every medical device company uses disposables. You make money on the initial purchase of the robot and then a continuous revenue stream on disposables. DaVinci let's you use some of its disposables up to I believe 13 times and then they have to be discard it. NcNally is trying to promote the product by allowing them to have reuse capabilities but I am sure there will limits on hoe many times these disposables can be reused.
I guess why the secrecy? Makes more sense to just help others on this board to make informed decisions. Pretty simple.
And you knew it was going up but won't contribute and explain why. Yes. We get it. Strong work.
And you knew it was going up but won't contribute and explain why. Yes. We get it. Strong work.
And you knew it was going up but won't contribute and explain why. Yes. We get it. Strong work.
I knew the price would go up. Do you know why? That is a teaser. Most of us are on this board to provide information to help others regarding Titan Medical. I think we all would appreciate informative posts.
I think this is the plan for McNally to get the stock price over a dollar.
He will announce that the buyer of the $18 million in shares is (REDACTED).
Then Medtronic will announce that it plans to buy Titan for (REDACTED) dollars.
They will then release that IDE will begin on (REDACTED).
This will shoot the stock up to (REDACTED) by (REDACTED), 2021.
Just my opinion.
Think about it. For once, shareholders have gained control. During the AGM, McNally made it abundantly clear that maintaining a presence on the NASDAQ was very important. We quashed Titan's urge to do another reverse split. That is a fact. Don't believe those who post the reverse split was never going to happen. That is crap. You know damn well it would have happened. A reverse split would have given Titan more time to not disclose information to its shareholders. Too many secrets going on. We finally forced Titan's hand to disclose more or sell the company faster. Eventually this stock is going to explode.
We ALL know they can apply for an extension as well. Common knowledge.
We still do not know who bought the $18 million in shares but this information will be disclosed in February I believe right before the deadline for NASDAQ.
I believe Titan has a lot of positive news they just don't want to disclose or cannot disclose. They know when the time is right, they will disclose this information to get the pps over a dollar.
Meanwhile continue to accumulate shares at a lower price, averaging down.
Posters condemned the selling shares on the fear of a possible reverse split that again was quashed. Again, do not listen to them.
Do what makes you feel comfortable based on your position, you average pps and how long you have been invested in Titan. I have significantly reduced my average and choose not to listen to others.
Think about it. Titan has a fiduciary responsibility to its shareholders to improve the company but cannot disclose what a milestone was that was recently achieved. It puts them in a precarious situation. And McNally has a 51 percent approval rating. You don't suppose this is in the back of his head. He now has less than a year to improve his ratings or he will be shown the door. And how do you suppose he will improve his rating?
As ROLL says, Tic Toc!!!
Seriously?? Can you post a link please. That is crazy.
Third quarter financials released this morning.
Nope. Buying and selling. Averaging down and keeping a core position. But don't tell ROLL.
TMDI reached its milestone and will not disclose what that milestone was. There has been an $18 million dollar investor that will not be disclosed.
It is pretty difficult to get a positive or a negative reaction from a milestone that nobody has information on. It is a new pattern of behavior since the agreement with Medtronic. Agree totally with ROLL. Does that mean that is a good thing or a bad thing. Hard to know the truth because there is no transparency. Nothing is going to change. Hard to get pps up when there is no transparency.
We will be here for the next four months talking about theories and possibilities until at least February when we learn who the investor is and even then, it may not be good news. The only other time we are going to hear news is when we reach the end of our timeline with NASDAQ and then Titan's hand will be forced.
At least we were smart enough to vote down the reverse split. I guarantee you it would have happened and the stock pps would have trickled down with no transparency.
See you guys in February. If nothing changes, nothing changes. Seems a bit of a waste of time to keep regurgitating the same theories.
Albert Einstein is widely credited with saying, "The definition of insanity is doing the same thing over and over again, but expecting different results."
CRNA!!!!! IS THAT YOU???? YOU MEAN YOU DIDN'T DIE? WHERE DID YOU GO?????
It would be interesting to see which pumpers here sold on the open and are buying back lower. Do you really believe perfect strangers who say they have not sold one share of Titan? Perfect strangers and you take them at their word.
No transparency. No rise in pps. Pretty simple.
Seems a little weird that Medtronic can say "yes, you can announce this" but "no, you cannot tell shareholders this". Again, a fiduciary responsibility to shareholders.
This is a good day for Titan though.
Will continue to hold.
I do agree with ROLLL. Slow steady rise. This no longer a trading stock. Just a bit blown away by some of their tactics.
Again, there is no doubt in my mind that this gets over a dollar by February. 21 per cent upside if you bought now. Bought 500 more shares this morning.
Still blown away by the reverse split request.
So why did they announce they reached a milestone of getting the $18 million raise? Why didn't they say they reached that milestone but not disclose it?
Obviously I am happy as everyone is (Except the shorters) but that was not my point. I thought we were getting more transparency.
You own this stock and you are out of the loop with over 10,000 posts since 2010. I am actually jealous. Go put your head back in the sand.
Again, they mentioned the $18 million dollar raise was a milestone but they can't tell us what the milestone was.
'
All I can say is poor Aubrey. He is going to be one busy guy.
He is waiting for our calls.
I cannot believe somebody hasn't addressed the elephant in the room.
Let's get this straight. They hire someone to help with investor relations and to help with better transparency between Titan and its shareholders.
Then they announce they have reached the milestone BUT they don't tell shareholders what the milestone was? Don't tell me they cannot tell us what the the milestone was. Because they already informed shareholders the $18 million dollar raise which was a milestone.
Again, don't they have a fiduciary responsibility with their shareholders?
So Titan is worried that the share price is not over a dollar and tries to get a reverse split to ensure it is over a dollar to comply with NASDAQ, then they announce a milestone but do not tell shareholders what it is?
Are you serious?
I am ALL ears.
Titan Investor Inquiries Channel
"Hello, is this Titan?
Yes. How can I help you?
What the hell are you people doing?
Uh, I wish we could tell you but that is confidential.
Okay. Thanks"
Don't want to pay for a press release and promote new patents and how important they are but they can hire someone to answer the phones to NOT answer questions.
Wonder what he looks like.....
Great job ROLL. It was 10 cents from the bottom of 50 and 90 cents from $1.50. Pat yourself on the back for that prediction. Continue the strong work on Titan’s movements. Interesting. SPY is 343 today. Spin that one for us as well. Wonder if Titan’s share price is affected by humidity or the tooth fairy.