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.
True for sure... endless possibilities it seems. I hope we learn of one sooooooon.
Agreed, however a whole hell of a lot better then 1.04!!
He didn't know about them when I brought it up. He said something like "oh yeah, some funky bedside device that looks like a trash stick" This conversation was before the purchase of the Italian company, but his radar, and I am sure ISRG's, is not worried about them.
The ISRG rep where I am said that they are holding off on their single port, because they are trying to figure out how to get the price down so it can be competitive. He is very familiar with Titan and is invested. I would think that since the snake arm tech is similar enough and Titan has a platform that is independent of the new xi, ISRG has to be considering acquisition. They have the multiport market 100% and the way to compete in the future would be to have the single port tech. It appears that Titan has a huge advantage over them in this regard. Both cheaper and independent platforms. I bet they are doing their research on risk/benefit of buyout very diligently. It all depends on the price. What would Titan be willing to sell for?? Is the silence and low PPS purposeful to try to decrease expectation? A 1 billion (PPS 6.5) buyout instead of 4-5?? With either price, they would sustain a market domination and be paid back many times in return. I think the ISRG MA is the most logical, but what does logic have to do with it!!!
No investment is 100% comfortable so it depends on your red line. Everybody's is different for their personal reasons and experience. This board is meant to help people vet their reasons and thoughts. I have been in this for a long time and believe that snake arm tech IS superior in allowing true single site MIS. However, there are lots of players coming to the field and a lot of them with big pockets, so the closer we get with NO news or updates (2 fricken months since last anything!), I am sure everyone is getting a little nervous or worried about their investment here. What I find by experience is just about the time the average investor is getting worried and SELLS because they can not take it anymore or they have given up, the good news comes and they are pissed that they are no longer in the game. I think we are at that moment now. These last days of 2015 will be crucial for many investors including myself. If mgt doesn't come up with some viable news and excitement by year end, I am guessing it will be the red line for most. The question would then be, what to do??? I am hugely invested and long and strong, but I don't want to be stupid if in the end what we have is the JV team! They need to give investors a reason above what we currently have. We need to know we are in the game. That we are funded for the trip. And we are playing to win.
Why would you think engineering verification and July 2016 make the most sense? By then the timeline has us knocking on the door of CE Engineering verification will be done end of 2015. That and getting in some trials in Q1 2106 should give plenty of opportunity to showcase it. In fact it would be necessary and certainly unable to keep secret in Q1 2016
Manipulation at its best! No investor in Titan would do such a thing. It is an investor in something Titan is going to take a bite out of. AND THEY SUCK... by the way
Very cool patent! And I also think that 15 minutes at the upcoming conference is not enough to showcase, but enough to tease. A tease and a little foreplay before the unveiling later in the quarter. With this mgt though, it is a BIG DEAL!!
Two weeks ago I did the same thing at 1.06-9. I really would have guessed the needle move up a bit with others watching and seeing the buying. But nothing... Surprised that so many are willing to sale at this price when it is so close to Q4 announcements. It really makes me think that ISRG has bought up a shit load and are willing to sell cheap just to keep the pps of Titan down. Maybe mngt was on to this and that is another reason they have the back up plan to offer more shares in a necessary fund raising if the PPS is held down and warrants are not exercised. Last year their was a lot of volatility and a lot less of a reason for it. I know the market is hard to predict and doesn't always follow what makes sense, but this is just getting weird hanging out so long at 1.0-1.10.
It makes sense that they will have to announce something prior to the robotics meeting that they are presenting at the end of the month. I suspect they will show there finished product. Up close and personal. No MA. No 6.5 billion buy outs. I hope the vision of the finished product gets us back to a respectable PPS. Maybe even above 2 again.
Yes, that was my first impression too... But it is meant to help surgeons with current platforms and that is ISRG. Also it is straight stick robotics. But interesting that the surgeon console is going in that direction based on physician feedback and it is good to know that is what SPORT has!
I would be interested to know what you are thinking.... This is very interesting and I wonder if the AAMC agreement Titan has for simulation training in Annapolis is similar
Interesting.... every piece is something to evaluate and thank you very much for adding these!
In looking at all of the patents for him, the Ethicon ones were all filed prior to 2012. The Titan and others have been filed after 2014. This gives a lot of time for someone to move around and work for others unattached. Just looking critically at it.... Although, that and Hargrove being a JNJ guy gives credence to possibilities. We will know soon enough! I would love to end the year on a high note!
I hope we have all put our trust in proper DD and that we are in for a pleasant expected rise in PPS from a company that looks to have really amazing potential!!
I see that TRXC rang the opening bell at the NYSE?!
1. How did they get that privilege??
2. Just that alone you would think would draw a ton of attention.
3. Their volume today was anemic... only 20% over normal. And they finished the day down .15
Sorry, but that is a company that people just don't believe in.... It is dead IMO. Even though I do not think their product is a winner, I am surprised that the presence of ringing the opening bell today did nothing for them. Wow... tough market. I hope that Titan vets itself better and is perceived by wall street in a different light. I added to my position today and can not believe that people are selling to me at 1.05-09.
I think you hit it right
It looks like a viable option to me. But... it appears that each arm is independent and is on an individual bedside roll up effector?? I get the long reach if it contained all arms, but it doesn't and it seems that the goal of a "mobile," "smaller", "cheaper" competitor to ISRG just makes the OR space more crowded... Just not right up against the patient/bed. Very odd IMO, but I have to admit it is another option. I still don't think the surgibot is a sincere single site platform. Overall, this is an interesting move and makes TRXC more diverse and legitimate.
Totally in agreement
Actually if you or anybody is going to proclaim their greatness, then I will get personal about profits!! Why not?! I am competitive and if somebody is going to verbose over their amazing decisions (and usually not about the shitty ones), I will be glad to show my opinion and be willing to compare results! Not that that is what I am looking for, but sooooooo many people get on here and say, "I sold mine at 2.3 and am not going to reenter until something happens" " This is dead money" WELL, I think those people should get the F away from here and make their announcement when they return, because those of us that are here are invested now. We believe now or in the near future. To listen to that crap is just plain irritating! It makes it personal. This is personal to me. It is my future retirement and wealth I am hoping to improve upon.
I am not invested in Twitter now...... I DO NOT GO TO THE TWITTER BOARD AND TELL PEOPLE WHY I AM NOT INVESTED IN TWITTER! Only a self serving, or lying ass would "waste" their time in such a way!!! I just wish they would stay away from this board. This board should be for investors in Titan Medical. The opinions should be about how big and comfortable you are, or why you are leaving. We all only have so much time to sift through the crap... and there has been a lot of it lately...
Wow.... You're a fricken genius. MENSA member?? Great job. Can't wait to compare total profits at the end of 2016 when you buy in too Fricken late and Titan is at a premium!! Thanks for posting your genius!! Do you understand the meaning of sarcasm?? Maybe you can explain it to us all.... Do you write books on investing? Can I get a signed copy??
Yes, my name is a sarcastic play on myself
Theoretically dumbass. It was NOT me who suggested it would. I suggested a much more reasonable rate. But you and a couple of others want to argue "THERE IS NO WAY 200 IS EVEN POSSIBLE" My words were only theoretical for God's sake!! Sorry, but I have had it with some of the stupidity on this board!! And you want to suggest that something is wrong with ME that "I WON"T BE SATISFIED WITH @200-5000% gains??? Very assumptive and ignorant of you. Maybe just meander through my post history. "What the hell is wrong with you people!!" One of my favorite quotes
It may be ridiculous at this point to say 155, and I am not saying we are Samsung, but ISRG and Titan can both be 20 billion dollar companies in the future if MIS/robotic market is going to do what they say. I just think you are wrong. You are acting like it is impossible, and that is just not the case. 20 billion is really so little of the total market and the future sector. Samsung and Apple are only one example of thousands of examples... But if logic and reason don't influence your thinking then good LUCK. We will both win here no matter the reasoning. Who knows to what extent, but A LOT MORE IS POSSIBLE than you want to think. Plain and simple. No sense to argue about it anymore.
Well I must respectfully disagree... People will move to where the money is. If Cramer or whoever says Titan Medical is another ISRG waiting to happen, people will come. "if you build it they will come" Diversification by most pros have people in at least 5 different sectors. There is soooooo much money to shift around, that both Titan and ISRG could have market caps of 20 billion if that is where market forces suggest they be. Experts are predicting that and more! There are obvious limitations, but with what we are talking about here, the number of investors is practically limitless. You are like saying 20 years ago Samsung and Apple could never BOTH be so successful. WHY?! Why would you think not. Investors are changing daily. It is a very fluid market. You see the averages at the end of the day. Believe me there is room. Lots of room for our little company to grow... They can come from ISRG, from oil, from other techs, from wherever. If SPORT is built and good at what it does, they will come.
I think it is not so simple a calculation. Mostly, the gross revenue has no relationship to the profit because we do not have that info yet. If Titan does 1 billion in revenue then they are on par with revenue from ISRG this year based on first two quarters. We truly do not know how to compare the cost/unit or generated cost/profit per unit placed now. A revenue pps prediction is not an accurate way to evaluate a companies worth. A net revenue or profit needs to be know. Hell it could do better then 200, but IMO there is no way to come to that figure except for looking at overall market cap equivalent in a similar market sector
Of course the number of investors will increase exponentially!! WHY would you not think it would. Both from people interested in making money and with the fact that the robotic market will quadruple by most estimates in the next 5 years. Over half of it in the realm of surgical robotics!! Yes this needs to hit 2 first, but that will be soon. We are talking about soon as well. As in 2-3 years. The math on the 5% of 20 Billion future market and 200 PPS is unrealistic/wrong of course.
155 is based on equal market cap to ISRG/shares outstanding of Titan including all the warrants, but not additional potential offerings.
No uplist means no "professionals" will touch this yet. They personally may believe in it. Who knows how much they know about it. But it is company policy to stay away from OTCs with "other people's"/clients money. When we have a product and the PPS sits above 2 and we are within a year of FDA approval, I see this uplisting and then it will play like so many want it to. But the rules do not apply now. If we have a winner here and this team brings SPORT to reality on the time line given, I see one of two things happening: It is sold to one of the players that gets mentioned here around the FDA approval mid to late 2017(maybe anywhere from 8-22), or they go it alone and the PPS soars on true demand and hope that it becomes even closely as successful as ISRG. Again, a PPS equivalent is Titan at 155. So some percentage of that will be a market target by the "professionals". My guess is 20-33% as a 1-2 year outlook which gives a 31-51 within the beginning of 2018. I think this is not far fetched. The stars have to, and it looks like they are, line up IMO
That is me in a nutshell. If I had a portfolio manager looking at my account he would shit his pants. It has become NOT so diversified and very heavy here. But... like you said, if this thing goes, WOOOOHOOO!!! I like our chances, but it makes me pucker a little. Trying to constantly make sure all info is legit and that I am not "taken" by the romance of success. It looks strong to me, and of course I will not go down to nothing if it doesn't pan out the way I hope. Heck, if it just goes to 4 I'm logically good... Just will be heartbroken...
My average is also about 1.7 I am not concerned at this point. In fact the latest news of JNJ building in Toronto??? Gave me chills. Even if this is all coincidence and Titan falls flat on their face, I think they will be trading above 2 again when they showcase the finished product and start clinical testing. The results of that testing (By Fowler's words, no problem, "this really works"), will be what catapults PPS even further. So I am not worried, but I keep track of news always. We all have a lot at stake here. GL
I agree. Good one to watch though and certainly has potential. Interesting to see the different management styles and that both are kind of sucking right now! It really comes down to a real product. Something people can put there hands on. The "original" excitement is over for both, now it is just about substance.
Good news doesn't seem to affect PPS much anymore. But with this study, in three months, the news looks promising and very significant. Maybe we will have a good Christmas here and with our other pick, Cuin!
The PPS IS about to rise!! In December we will be having different conversations on this board.
Hahahaha Toooo funny
You honestly crack me up...
Lack of understanding of anything I said. Mgt does not get a free pass for me. But it is invest or NOT invest. Not play and pretend to win at every turn. That hurts you and everyone here IMO
Lack of "staying away until December" or whenever. HAHAHA
Amazingly accuracy in predictions. HAHAHA
Oh well, I just stated my wishes. You stated yours. No biggee. I just think people like you hurt this stock/company more than help it.
And If I were to sell a significant portion of my shares, I would move the price. I know I am not the only one capable of doing that. If this doesn't go up by next summer, I will sell at a "whatever price" because I need some college tuition money. Everyone can have there reason to sell. I think day trading it hurts the company since we have warrants that want and would be better to exercise.
But Good luck to both and all of us here
Hey Pal, if you notice, I do not spend much time writing on this board and I have expressed my opinions to the management. I have a job but keep in consistent touch with my investment here. This board has proven to be a good source. I also wish mgt would tell us more. BUT that does not justify bashing the company and driving the PPS lower by incessantly complaining. This is an investment.... There is risk and the company is in the hands of those that we invested in. We "own" part of the company, but only in the way that we have put our money/investment in the trust of the management/product. It would be much better to hold and let the demand build and exercise warrants than playing it like you know what is going on in day trading fashion. Your luck may be one others unluckiness. The ultimate PPS rise suffers because of the playing. I just wish people looked at this like an investment and kept their money and confidence in it until there was reason not to. And when they didn't want to then stay out! Simple. It is like the people that shift lanes in traffic to get somewhere slower.... but all their movement makes them think they will win. IT ALL CAUSES TRAFFIC TO SUCK WORSE BECAUSE OF THE STOP/GO OF PEOPLE CHANGING LANES!
This is their job, they get paid in stock. Occasionally if it were me, I would want to buy a car, pay for college..... If I had a million plus shares, letting go of a little now and again would be necessary? Maybe they gambled themselves and expected a sooner rapid rise and got caught needing to pay some bills?? They are NOT, I ASSURE YOU, trying to sell 50000 shares at 1.10 with the plan to buy 55000 back at 1.0. It doesn't make sense at all. I just think this overwhelming attitude to "make more and drive price down" does bad for everyone in the end. WE ARE NEEDING TO EXERCISE SOME WARRANTS. It could be happening if we didn't have day trade, naysayers on this board. That dilution was in play already. Now we are at a place we are going to PISS OFF the warrant holders and they may never come back. Less demand for this stock and less ultimate PPS. PLUS, more bad dilution potentially. I believe we will all win here, but I truly believe if everyone stopped whining and HELD this stock for the next 6-12 months we would be winning more!
You are a moron
For all of those that have Sold now and "rebought at a buck", I hope most of you end up losing more than you gain. It is the selling pressure by most of you that is the reason we are sitting at near a buck! It does nothing for anybody even yourselves to start the ascent of PPS from a dollar and influence lost confidence in other investors instead of holding and starting from 2 with a lot more confidence. All the back and forth "sell now" "It's going to 50 cents" banter is for your own benefit you think. We all should want this to go up without manipulation. The more confidence in a market the better the potential. If you think this is going to happen, then buy and hold. When it goes down buy more with cost average down. It is fair to want to make money in penny stocks, but you can also cause your own demise. If believers would hold, than the PPS would go up. Period. But day traders think they are often making more, when in SOME INSTANCES LIKE TITAN, they would do better to hold and leave well enough alone. IMO!!