Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
No, I'm waiting until after the raise that gets us to FDA. and, if i miss the boat on a good share price of <= $.25, I'm still satisfied that I can get in early enough to make huge returns 10-15 years down the road or longer. I'd love this stock to make me rich in the short term but I think the more realistic expectation is it will make me rich in the long term. Longtermgems can I get an amen?
I'm of the opinion that thise who see the SPORT are usually impressed by the technology. The more eyes Big Mac gets us in front of, the greater our odds of success. He's building our reputational capital in the financial community, which is good news.
Interesting...this could be a platform to expand their DePuy implant market share. With the limited success of "new tech" in the total joints arena one has to wonder, is there any room for innovation (see Mako and Conformis)? Wil surgeons see any value in making a procedure more expensive that's already done quite efficiently after 30+ years?
My other thought on this is, given the same logic JNJ could see SPORT as a valuable platform through which to expand their staple market share, how ISRG partnered exclusively with MDT.
Great news! Although if history is any indicator, this signals a raise immediately following.
Agreed! I also understand the fear from protracting the process again, after countless delays and fundings, it seems like the glimmer of hope dimmed a bit. I still believe in Big Mac and Titan but Im waiting it out since I know we have at least another year before any big news like FDA submission. I thought 2017 would be the year the stock leapt skyward, now I think it will be 2019. The longer we go, the greater the risk.
More dilution, sp sinking because most here have a high cost basis and dont want to take the loss. They would like to see sp soar to get out of a rut!
Ive held shares for >2 years. I just pulled out at .309 to avoid paper loss, still cautious from taking 50% paper loss in last year's plummet, and am waiting to see where the downward trend levels out. I know theres scoffing at action from paper loss, ultimately im long, but theres no guarantee and id rather keep potential losses to a minimum. However, truthfully, knowing our timeline is pushed back into 2019, I'm in no rush. I see abother year of ups and downs like 2017 ahead, so I'll probably re-buy in gradually but im going to see if I can get some capital appreciation elsewhere in the meantime. Then come back with more $ to put into TITXF. Ultimately, if you buy in before FDA approval, you should make good money once we commence sales and demonstrate a positive net margin for a few years.
18% down today, bottom's fallen out on sp. I think we may have another lull period like summer 17, and should rebound towards end of 18 on progress. I just sold at .309 which was my avg cost. I will re-enter hopefully taking advantage of drop, but right now im just going to wait this action out. We have the tech, just have to clear those hurdles. Have not lost faith in Big Mac, hes just dealing with realities and patience is due.
I was reassured to hear Big Mac state he is aware of the time sensitivity, I got the sense he understands our urgency as investors and is doing his best to accomodate.
I see the ask finished out at .34 today - that was me. If we all put some amounts out there on the ask at higher than mark, we may help drive pps up. Just a thought. We may have some pull en masse against MM.
I second that my brother!
Good assesment Mustang. As usual you captured my thoughts and presented them eloquently.
? Care to elaborate? Intuition or knowledge?
https://books.google.com/books?id=Sqt4CgAAQBAJ&pg=PA415&lpg=PA415&dq=thoughts+on+titan+Medical%27s++sport+robot?&source=bl&ots=ldim7Vv9Wj&sig=3_mC7K4CveFlqmSzd5HWFYvrkj0&hl=en&sa=X&ved=2ahUKEwiKufOd-I_ZAhVMs1kKHbh7A484HhDoATABegQIExAB#v=onepage&q=thoughts%20on%20titan%20Medical's%20%20sport%20robot%3F&f=false
Forgot the link. Let me know if its not working
Haven't seen this shared...
Last year, SPORT was featured in a book titled "Biomedical Engineering in Gastrointestinal Surgery."
To quote from the book:
Haha. Big Mac stands for the anthem.
Perhaps someone inside saw the comments on this board and listened?! May seem small now, to post on social media with few followers. but you never know, it may end up helping in ways we can't predict. Good move.
I'll take bringing the product to market successfully as backing up his claim
Agree 111%
Take it easy people...maybe his ex wife is gouging him for support $...maybe he just doesnt want to invest! Would be nice yes but decorum and perspective. Not your $. Mac answers to us the owners but his responsibility to us ends at the door of the Titan HQ. Long and strong...my college nickname.
Competition myst be high. After all we're at full employment! But yea that seems odd.
Mustang maybe your Kids could go for the verb internship?
That's a big sigh of relief. Medtronic is a behemoth and hopefully this will give duh vinci a run for its money. If MDT had a competitor to SPORT our hill would be a lot steeper. It seems all the major manufacturers are waiting the single port thing out to see if it sinks or swims. Rocko please note, I didn't just say that SPORT will sink.
Hopefully something big related to the fastballs Big Mac pitched in Frisco!
Well...perhaps jnj is the company verb is assisting. Would stand to reason.
I've had a conversation with a JNJ VP who shared verb is NOT building their own robot, rather they are assisting a company that is building one. This is consistent with what the article said per your observation. Of course they could both be lying in the interest of confidentiality.
I suppose the cost is less if all is lost versus buying now at .38. Gives a wait and see option with a lower cost risk. But if the warrants are trading at strike price it would be foolish not to just buy at market price for less!
Not sure but that could be a reason if there's some inside knowledge or high level speculation of a buyout. Good thinking
Yes why wouldnt they just buy now at $0.38? Even if a pop is coming why not wait until it happens to exercise?
Go to dictionary. Look up word "if". You learn now. Me no more confuse you.
I didn't say its a dud. I said verb may withold announcing a partnership in case it was a dud (verb's rationale for remaining silent). Go back to kindergarten if you are having trouble with basic comprehension skills amigo.
Not sure and also not sure if 10M is a good price for such a software scheme?
Yes see my second post i know its not a dud but from the perspective of verb it makes sense they wait for it to prove itself
Of course, its not a dud and this wont be the case.
Makes sense, that way if SPORT is a dud verb can spare themselves the bad PR of being tied to it.
Partnering with verb would be a huge feather in titan's cap, why would they sit on that? Holding that news to boost pps at a later date doesn't seem rational.
Anything verb does is as verb seperate legal entity which absolves ethicon from conflicts of interest. Although they most certainly will not partner with jnjs competitors namely covidien/medtronic.
As others have said verb appears to want to be the microsoft of surgery platforms. Ive also been assured by a top vp that verb is not making their own robot rather working with a company to help them make theirs. I would guess cambridge robotics.
Good pont. ISRG makes every sale with iron-clad language protecting their IP, long after the useful life of the equipment. They do not want anyone messing with their software. I agree it counter "intuitive" for them to partner with Verb-o.
I don't think we get a buyout offer until years of profitability and market share growth are demonstrated. Until that point, the opportunity cost is high for a suitor. We may require a partner to get to that point, we may not. Big Mac would hire consultants to get operations running, hes no dummy. At that point, debt would make sense and could fund operations start-up not at shareholder's expense. But until then there's no reason to expend energy on these things, Mc has to get to commercialization first. One step at a time. Rome wasnt built in a day mi amigos.
Have not seen news yet, so could well be a pump. But to 66's point we are about due for some PR and Big Mac may have some news coming off his field trip to Frisco. Hope he pitched a fastball.
C'mon Big Mac we need a presser