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Indeed..... I will also say that the almost 5 years I've been invested and reading/posting here I've developed a sense of curiosity and respect for many posters. I think in a lot shorter period of time we will have the opportunity to raise our glasses and celebrate the finish line together. Both here and in person I would hope. It would be nice to meet you and others. I'm still hanging on to the idea of the Carribean. And my new sailboat ?? Of course
I agree and think you should stick it out CUIN... This stock is like a bad string of call where you are getting no sleep and you just want to say forget it! The good thing here is that you can just stop looking and put your energy somewhere else for a few months... Give your private contact to a few people that you trust and if there are any major movements or news they can let you know. But the daily looking/reading/commenting when this is most likely not going to get back to 2.4 nor go to .4 any time soon is mentally getting on many. Take a break. Your investment is as good here as any where. Probably better. Let it sit and catch up on some other parts of your life and come back with a refreshed outlook and when we are a little closer to FDA. GLTY
http://www.capitalcube.com/blog/index.php/intuitive-surgical-inc-isrg-us-earnings-analysis-q1-2016-by-the-numbers-june-28-2016/
ISRG is up nicely today with showing of good sustainability and future position. Robotics is here to stay and will massively expand. SPORT will be a player.
I am in full agreement. There is huge upside potential here. Just bought a couple more thousand this morning. Investors will come.... I just don't see all of this tech, work and hours not coming to fruition. Yesterday the OB Dr I was working with was asking out loud (in jest) to have a stand up work station because she was so uncomfortable as usual leaning forward and "immersed" in the DaVinci. There will be FDA approval and then demand for SPORT. It is natural to want the quicker bang but a lot of overzelous speculation has just led to the psychological dissapointment many feel. Some honest and hyped promise from management of course too. That is why Hargrove is on his way out. We need clarity and honesty. We need exposure to investors that will see the possibility. A new CEO/Chairman who has that should be easy to get based on what we have right now.
I am trying to be as objective as I can with this investment... I look at the new web site and the extensive close up pics of SPORT and I just think this thing looks amazing. The new ISRG DaVInci is just a giant compared to this thing (as it's folded up for storage in one of the pics). I wish I could predict when and where the PPS will go over the next 1 1/2 years, but I can not do that with any PPS of any company!! So why not stay here I tell myself... The main risk is bankruptcy? They would sell it before that! They all have huge money wrapped up here as well! If it came down to it and they sold in desperation, what is the lowest it could go for? Would that still be above a considerable amount from where we are today (even if a loss for many overall)? I would love to KNOW with certainty that this will fetch a PPS BO of above 8-10, but if it only gets 2... from here that is pretty damn good and makes me money. Worth the years of dreaming and headaches??? Probably not, but I am sure I would have suffered a roller coaster ride somewhere else if not here. BUT AGAIN... SPORT looks awesome. I would like to think it will be in the Mayo Clinic within two years. UCLA. Columbia. Vanderbilt.... I am still long and strong. GO TITAN!
Seriously!! TRXC is still valued 50% more than TITXF and that is after being denied FDA clearance and having only a very shiiiity ALF X that was laughed at by our colo-rectal surgeons!! They saw it at a conference in the last 3 months and said it was 3 steps back and just looked ridiculous! YES, they are valued more than us... I believe in SPORT, but that is just an insane fact we are living with right now.
New website looks really good!
I agree as well, Mustang and BK. My personal energy to dig for info has tired a bit, but many are still finding out some really good info. Thank you. All these subtle connections are getting more and more interesting! Hopefully the AGM sheds some light on a couple of things.
I will say that yesterday I did a case on the new DaVinci and the first time with the integrated table... The setup is better but still long. The machine is huge...truly limiting. The table is cool, but not as cool as I thought it would be. The robotic arms do not move in sync, they just disengage and the table moves in a manner to minimize torque. AND the buttons were a 3 step process every time to move up or down...slow and irritating. The surgeon kept repeating herself as if I didn't hear her requested movement. SPORT WILL COMPETE and with many WIN against ISRG. There is just soooo much potential here. Just bought 13,400 more shares today..... Long and Strong. JUST DON'T F IT UP MGT!!!
It is healthy to dream... VERY SUCCESSFUL people dream big all of the time. It is wise to know that your dreams are possible however... and I believe that it is possible here.
I think a little lower. 3-5 preFDA and 8-20 post... But if they "go it alone" and get a spike because of any (uplisting assumed) comparison to ISRG then maybe 30 is possible. ISRG is at 24+Billion market cap now. If we got a spike to 25-33% of that we would be at 6+ Billion and thus 25-35 PPS depending on how many os we have.
I am with you 100%. Although, for the first time I bought another stock last month instead of adding to my Titan portfolio.. I had to tell myself that I have a lot... maybe it is time to trust that amount as being ok. I am not well balanced I admit. Last year, I thought for sure we were on the way to a big rise and I shifted a big part of my portfolio in to Titan. Like most, I feel stuck to a degree with that amount and loss... however, I am ok with keeping it there for the exact reasons you described. I don't feel any other stock will bring me back the money I am currently down with, any more certainly then Titan. In fact I continued to buy more to cost average down like many here...
The stock I bought.... LINKEDIN As of this morning, it ended up that was a very good choice. Up almost 50% because of Microsoft buying them out. I only wish I would have cashed out of my Titan to grab that now!! LOL!! But as you said... The market is a frustrating game of educated guesses or gambles. Where hindsight is always 20/20. I am watchful of Titan daily to make sure my feelings stay the same. That my invest is "safe" in my own mind. I truly believe we will see PPS in the 1.5-2 range by the end of this year. Lots of "unknown knowns" could make a surprise announcement at any point though and send this through the roof. You and I will be ready
I respectfully, don't believe you will get out at the break even point...because at that point there will be so much positive momentum you will get swept up in it and make out like a pig! If it were a slow methodic rise to your break even.... maybe. But it is going to be a rapid rise and shoot right past it when it is ready. That is my guess... no matter of course, all the sentiments are totally understandable...hang in there and best of luck to us all.
Looks quite possible. Good finds. The question is... Is this good? For the investment in SPORT, is it a very positive thing, neutral, or negative? Why would they not want to be identified?
I believe that we are not going to see a buy out until there is FDA approval... maybe right before if there is enough behind closed doors, knowledge of success. I think if nothing until after FDA, honey and belizeme are both right... no to the offer and wait to let the "excitable" market drive up a spike. A few years ago a company called Medbox was in on the marji craze. When CO approved it as the first state, the stock skyrocketed. It was crazy watching it go up by the minute! It came down a little slower and eventually went bust. Only because the company was basing it's existence on one state and the mgt was criminal probably. The point being.... Marji...excitement...stock went from .50 to 200 then down to 11 and back up to 90+. Serious money lost and made on nothing but excitable speculation. SPORT is the real deal and it is possible that there is an excitable rise to a post FDA approved competitor to ISRG. It may be pie in the sky... but sometimes there is actually pie in the sky for no good reason. GLTA Long and Strong... for more good reasons, not just pie.
I think all the time lines are a bunch of hopeful optimism. No one knows about approval times and market available. TOO many things can change with anyone of us... I think we have the obvious head start. A working prototype that needs to be tweaked to appease the FDA new rules. Then I hope it is "game on" If we establish a working, affordable, high tech piece of reliable robotics we will be in business, whether alone or by MA. Either way we look at it, if SPORT gets funded, and it looks like there is good interest in that, the end user will be buying it.... somewhere. There is too much "somewhere" in this world for there not to be room for all the players. And the Medrobotics looks cheesy, just saying. No competition, but better than surgibot. It is just fancy laparoscopic equipment.
I would imagine it doesn't look good for FDA approval to be promoting it in any way that makes it look like management is involved. Or to have real or false narratives involving partners. The BS that TRXC pulled did not work for them and I imagine ST pulled it down based on suggestions for his own investments interest. Of course if he were to come on here and say why that would also be considered manipulative. That's my theory. Regulations and paranoi and under the table deals with price manipulation are what seem to rule this world. Just honest excitement about a product may be construed as bad...
It's a crazy regulated world out there...especially in the USA. We just have to deal with the cards we have been dealt. Another reason I am really happy to see the Chinese infusion of cash. There are risks of course, but we need to be thinking world wide distribution and there is no better place to start. Europe has just as many regulations as the States. The fact is that Titan can be just as big as ISRG without selling one SPORT in the USA if they just focused on the rest of the world!! Not saying they should do that at all, but we tend to be a little too egocentric when it comes to business. There are other kinds of dollar bills floating around and as people we all have the same anatomy/physiology. No matter the continent!!
The big problem with the prior offerings is that they came with warrants. This is straight up cash flow! Before the investors would clear the fund of common stock and then sell/short the stock and hold on to the warrants. That is what has been the biggest problem for PPS according to EVC when I spoke to them last week. The short pressure from selling the common stock has held it down for months and the volume needs to be above and beyond TOTAL the number of shares they want to sell. THIS is different. Pure investment. No games. Funding for SPORT. Period. If we have funding like this going forward (which this could be the catalyst) then we are golden. This is the best news in a long time!! AND the fact that we have some consistency in the Chinese market place starting to happen is pretty cool too. Since they may have the biggest growth potential of anywhere on earth for robotic surgery!! I look for the PPS to be down for a few days because the prior purchasers wanting to sell are feeling the pressure to get rid of stock they don't want (stupid) faster then before. After the sell off from (**hole) investors, we are on our way up. GOOD JOB HARGROVE. More of this kind of stuff will change opinions on Titan moving forward. It will also make the big boys open their eyes, because they have to think, that this little engine from Toronto has some steam!!
Does it matter really who they are? They are an investment group that just cash infused us until the end of the year!!! That is awesome. No shelf offerings of unknowns. This is a group that just said "yes. We like what you have we are investing 16 million dollars in you". If any of us had 16 million, would we be Haley enough to put it here? I suspect some yes and some no. This is a huge vote of confidence for TITAN! I love it!
Good article and good exposure for Titan.
I can say one big difference. Other penny stocks, and I have invested in a few, rarely have a product and if they do... the product usually sucks. That is when you get out. When the product doesn't match the hype, you get out. This one seems VERY different. The product has been seen and reviewed and is every bit as good as the hype... It is just the financing to get it in the hands of the buyer. If the product is good, I truly believe it will happen for us. Financing will find a way and we will make good on this investment. If we get taken out at 6, that is a 400% gain for me over 6 years. How in the world could I be disappointed with that? We all want more, I want a 1000%! This one is different (aside from the financing of it...)
The one thing we should not forget... Titan is being vigilant to all things necessary for FDA submission. The other companies will also have to do these things to be successful in the USA. SO... you can put the delays in everyone. ESPECIALLY, the foreign competitors! We are going to be a next competitor still I believe. ISRG is who wins big here. Might they be in bed with the FDA?? Who knows.... But Titan will be in the mix for next robotic platform...
Yes. I had sent JH an email and he asked EVC to call me concerning my email. Talked close to an hour. He was very willing to discuss but of course not disclose info.
Flenderson, JH got back to me today via EVC. JH is in China talking with Long Thai. Your conversation is an exact duplicate of what mine was. Exactly. Down to the comment on Sail. All relationships to hospitals/systems are still there. But all is on hold until FDA submission. The focus is that. Trxc was an eye opener and is being taken seriously. Page is expanding relationships to garner future prospects ahead of the other players who will be coming in to this sector. Focus is on SUCCESSFUL submission to the FDA. There is a feeling that there is plenty of market to be had for a few players.
Being messed with would be having no product. No deals. No partnerships. We have the CEO of Verb looking at our product with s big grin. That product didn't exist 6 months ago. You clearly are bittered and possibly a shorter because you KNOW people fear lawsuits. Do you sue the weather man when your poor day isn't as sunny as he promised? Do you sue the city when the road work takes a little longer than anticipated? Do you sue your wife if she doesn't "come through" for you? Get a hold of yourself man! You're acting like a child who can't have the bigger cookie!! OR a purposeful manipulator. Either one is irritating as hell! Quit your JohnQwhining and realize NO ONE will listen to your pansy law suit. The market is for risks. It is NOTHING like expecting your car to work as advertised!! Nothing.... Stop the nonsense. Today is up. Enjoy it. Look for tomorrow. Find pics like ST. Find something.... Except a lawyer
I wish it were possible. We are wanting to attract future investors. Although no one SHOULD get there info or all of their DD on a message board, the sentiment of the market place is a VERY important factor in confidence, and that is what you get here. AND this is truly the only place new people will get it. The more polished this board is, the more confidence new investors will have. They are laying their hard earned cash just as we did. OR... we could just the MM have control. They love a torn investor group.
A nice and forward thinking, get things done, approach. This board is what pops up in a search for Titan/SPORT info. New comers seeing nothing but the same chatter and especially legal crap, will most definitely be scared away. We are already on the OTC. That combined with what this board spews day in and out would make anybody run the other way. We have a platform to discuss how we can, as investors, improve information gathering as to improve our investment. If it is not a good investment, then we should also go.... But for those that post, we should be constructive.... We are still here, presumably, because we believe we will make some money some day. If you do not feel that way, get out with your loss and be as pissed as you want to be... BUT most of you will not do that because you know damn well you totally expect for the PPS to be up 100%+ within the year and you will recoup your money/losses better here than anywhere else. The potential has you glued. SO, if you are "stuck" here put a smile on your faces once in awhile. Act intelligent with constructive complaining as opposed to emotional rants. Find a way to be successful. Bitching is never a way to be successful. I understand the need for it, but think of what we want here. Success... If you do not want success with TItan, then get out of here please and respectfully.
I am not as bitter or negative as you are right now, but THAT is funny! 70 hour weeks!!! LOL!!
Woops. Converting to normal lap after 70 minutes of frustration. There may be only 5% surgeries that have potential being done, but even some of the 5 is going to be replaced by easier and better. DaVinci is a good product, but if SPORT just comes out it will be better. For hernias, choleys, appys, hysters, thoracic, colorectal, transanal, microsurgery......Titan comes through with a product as we know it, we are good. IMO
Sitting in a lap choley with a DaVinci si. Painful to watch. Multiple arms clanking and being repositioned. Surgeon is experienced in robotics. Where is a single port SPORT when you need one???? A two snake arm single port will be such a beautiful thing when it is here. Most cases just don't need this clunker.
I am really curious how they are going to answer to all of this. How will they spin the loss of warrants? How will they deal with updates to deals and investor relationships?? The sentiment is very low indeed. Horrible sad, since we are so much farther along than at any point. They better enlighten us somehow!! Too many nervous people now...
I will let you know if I get a response...sent both to JH and Todd at EVC
Dear Mr Hargrove,
I have been an investor in Titan for several years now and have followed closely the progression of the timelines to market. I have understood the reasoning behind many changes in this investment and in general the R&D market. However, because Titan is a publicly traded company, I feel it is the duty to share certain information with the long term investors that have helped Titan get where it currently sits... I am not asking for any inside information, but rather clarification on information that has been given recently and in the past. Please tell me or tell me when you will publicly acknowledge some of the following information, as it is important to my investment:
1. Please update the partnerships that have been presented over the years and let us know what is current or if it is no longer considered valid. Mayo Stapler? Surgical advisory board? Hospital affiliations in India/France? Long Tai agreement? Manufacturing agreements previous mentioned?
2. Please clarify this NEW agreement with a world leading OEM company. Are you in talks or is there a signed agenda for further development and taking over SPORT? Does this company plan international distribution/sales? Are they the reason for the one year delay in placing EV units to trials? Are they integrating new or different technology that Titan did not have prior?
3. Please clarify whether this new partner is truly financial in the sense of moving forward. I would want to know if they are splitting the ownership/value or if Titan will need to dilute shares several times to get to market. I believe that the funding question is an answer that investors should know. There are many documented moments where it has been said, that Titan is FULLY FUNDED to market... Those words have made me personal invest more. And they have proven to not be true...
4. The PPS is obviously horrible and concerning. How or when will you address it for the sake of value and for future warrant holders? There are a lot of lives out here with money that has been invested now for longer than originally planned based on prior time lines and plans advertised. Now we have another delay.... Clarification goes a long way to hold trust and value for a company. There are many scams and irresponsible behaviors in the investment community. I have put my money with you... I have over 500,000 shares currently and because of my belief in the technology and the panel that represents your company, I want to know if my investment is safe and in good care. The uneasy feeling towards management is growing and it is all because of lack of clarity, financial readiness/plans unknown and more changes in plans. I would like to consider attending the AGM this year and to know with certainty, many of these questions.
I do not feel I am asking you anything special. No secret information. Just clarifications on the many unknowns that have not and should be addressed for the investor. I look forward to your response. Respectfully,
I agree. We are chump for a JNJ but for us JNJ/VERB is nirvana and we do as they say to get us to the promised land. If we did a 1st/2nd generation though and the consumer knew about it, potential would be low sales and that would be bad PR. We want to come out of the gates running not limping.
Vote Republican and get these moronic regulation loving liberals out!! It kills business and enginuity. Some is good and necessary but our government has gotten ridiculous!!!
Yes new units are needed for the final trials. What is handed to the FDA MUST be from a unit that is EXACTLY what will be sold. Our new partner is going to integrate and hopefully improve upon SPORT. This will take a year. During which they will use the current EV units to prove more they are able to apply via predicate device. I do not like the extension but too many people (new posters with agendas) are trying to make it sound like the end of days.... Yes the company should be more clear with their relationships but the FDA process is deliberate and it is going to affect all comers in the same way. Concern is one thing, but some are promoting a need to freak out and that is just not necessary.
I think Management better think long and hard at what they say or DON'T say at the AGM next month. If they don't give a little more specific information, I believe the revolt will occur and patience will be lost. There are a lot of people with a LOT of money in this. If they are played "wrongly" for the benefit of private deals for self benefit behind closed doors.... KARMA will lay it's mark. The angst is feeling pretty heavy from what I see and management better not ignore it... There is a point where it is just wrong and wreckless. I think the AGM is the turning point for information release....
I would encourage everyone to look at FDA.com website. And it you'll see what is required of anything from the FDA and how it is required. Things to note. One does not need FDA clearance if they aren't advertising or marketing their platform and or are planning to sell to a third party developer not directly to the consumer. However when they plan on selling it directly to consumer it needs to be FDA approved. There's a long list of requirements for FDA approval. All small changes that affect usability or sterility or function ability and on and on and on need resubmission to FDA. My contention is that the lack of marketing prior was due to the fact that Titan was hoping to sell before FDA submission. However now that verb has an interest And they want to integrate some of their technology into sport that they will have to do so and complete it before FDA submission. I think they're going to help Titan submit after development and then help market and produce SPORT and we are all going to be wealthy as WE DREAMED IF WE DOUBLE DOWN WITH THIS REAAALLLY DIFFICULT HOUR. Of course in the words of Billy Joel " you may be right I may be crazy but it just may be a lunatic you're looking for, turn out the light don't try to save me, you may be wrong for all I know but you may be right." Lots of theories, anger and speculation but the trail leads me to believe in the success of SPORT and the people that have surrounded it You just don't get departments like Columbia, Vanderbilt, Mayo and surgeon researchers like Fowler or business men like Scott Huenneken smiling unless there is a reason.
Nice job. Yeah, I truly don't think Cadence is part of it anymore. My bet is Verb is putting their tech in SPORT and will help grow and develop It. It will take the 6-9 months to test and prove to the FDA. They will gaurantee some survivable funds and take over manufacturing via jnj subs. But all theories are worth discussing here until it's all spelled out. A dynamic R&D company is going to take whatever turns in the road they discover will get them to the finish line stronger and best. Change is inevitable and I'm sure we haven't seen the last of it. Thanks for looking in to the software side. Smart digging
Yep, agreed. But we are in the game of speculation no different than at the table in Vegas. We are placing our bets on 7. 2/5, 3/4, 1/6 ??? NO ONE knows for sure and even if they did, they couldn't say because they wouldn't want to be busted for insider trading. I don't know if Cadence is in or out anymore... It wouldn't surprise me if Verb was going to use Cadence and bring in the expertise of JNJ/Google for consulting on a new product that they will display during their IPO. Or not.....
Sounds like somebody hit a nerve, Richard