I think surgibot certainly has promise, but assuming for arguments sake both machines are equal and coming to market around the same time, why invest in surgibot now over Titan given the current market cap of each company and the fact that Titan offers warrants that add additional leverage

another intereseting point about warrants i haven't seen mentioned yet: has anyone noticed the new class expire in just 3 years, as opposed to what looks like a 6 year time frame from the date issued on the others.

Much of it is due to my own personal financial situation. Partly due to what you mentioned, and also I would like to lock in some profits early on. Remember you can take LTG off of the warrants as well, and I can do that in November. I am quite confident that we will be at least at 3.00 by then, if not more. If we get there much earlier then I will probably wait it out. I doubt that I will be keeping any warrants until near expiration.

Personally I plan on selling / exercising some at around 3.00, but not any more than half of what I own. I am over 200k warrants total in different classes. I'm sure we will see some exercising right away, but probably not a large amount.

I was very impressed with the trading today, I believe all of the hedgers are about out.

I have been hearing a lot about this company lately. I will keep an eye on them. For the next 6 months at least I will be 100 percent Titan Warrants, but I am also keeping an eye on Soligenix (SNGX), Novavax, (NVAX), and Aethlon Medical (AEMD) They are all worth checking out. I recently sold off my Novavax shares for more Titan warrants but will be buying back in the future.

Good luck on getting those. Winter storm Titan is sweeping across the U.S, affecting up to 90 million people. Titan stock can move just as fast.

You may remember I myself was expecting some PR back in January, i thought it could trigger a PPS boost before the next financing, well we got the PPS boost anyway but now at this time I really don't see it benefiting us if they released anything substantial immediately after the offering. Any benefit would be wasted on the hedgers who were flipping shares for the warrant. Next month that will have pretty much subsided and there may be something really worth mentioniong. I do understand your frustration, given the time you have been invested. I am relatively new to this, having got in the first week of November of last year.

I expected it to go on anywhere from 4 to 6 weeks to be honest. Seems like it may be doing better tho

Great news indeed, does your source happen to know how many are left?

Longtermgems, If we assume that TRXC has a robot just as good as SPORT or even for this argument slightly better, and if it does in fact go to market a couple months earlier, does that really justify a market cap over 3 times that of Titan? And also Titan has warrants available that give great leverage. I just don't see the upward potential for that company. Not compared to Titan at least.

I had no idea that they had, thank you for the correction.

I agree Titan is most certainly still undervalued, but it's not really a good idea to try to compare Titan with Transenterix, as TRXC already has one device FDA approved. How much added value has surgibot gave the company since they started to develop it?

looks like about $64,000 worth

I copied this off of investopedia:

Who Participates on the Pink Sheets?

Roughly 15,000 stocks trade on the Pink Sheets, ranging from small speculative companies to large foreign companies. Companies trade OTC for several reasons. One could be that a company fails to meet listing requirements for the major stock exchanges. Some of these companies are de-listed from the major exchanges, often for lack of financial information, or some fall off after their stock drops under $1. Another reason is some foreign companies do not want to meet the filing and listing requirements of the major U.S. exchanges when they already meet the requirements in their home country. These foreign companies would have to hire a team of regulatory and legal personnel who are experts in U.S. security law and filing requirements. This is expensive, especially considering the companies already have a similar team to handle the requirements to list in their home country. Therefore, these companies decide to list on the Pink Sheets. Household names like Nestle, Nintendo and Volkswagen are three examples of quality companies that list on the Pink Sheets.

After reading this I am more inclined to think that an uplisting may not be likely anytime soon and really even necessary.

I didn't have time to sit down and crunch the numbers, but just checking with TMD.WT.A, if those were exercised, Titan would receive over 11 million just there. It seems like the potential is there to avoid another financing, but you also have to consider that even if they are "in the money" many won't touch the warrants until near the expiration date.

How often is it that trading is halted for so long? I thought it was typical to resume after the announcement was made. I have been at work all day and was surprised to see what was going on just now.

I posted one link in the sticky, to see current bid/ask prices try this:
http://web.tmxmoney.com/quote.php?qm_symbol=tmd.wt.b

That would be a good example. The price just has to go up a couple of dollars for them to be well worth it.

yes, my plan is to sell off the TMD.WT since they expire first, then use funds to exercise the remainder plus hopefully pay off my house:)

You can do either, I will probably be selling mine as they near the expiration date as exercising so many would be out of my budget. If you hold them until near the expiry date the value of the warrants should be the current price-strike price.

All about warrants

Titan Medical offers 4 classes of warrants, these entitle the holder to buy the stock for a set price ( between 1.25 and 2.00 canadian ) for a set amount of time. These enable the buyer to have more leverage, since there is a much lower upfront cost compared to the common stock. Warrants can be bought easily through scottrade, but are not available online, you will need to call your local branch to place the trade. I believe most other brokerage firms in the United States are similar, if not just open a Scottrade account.

TMD.WT expires December 2015. It has a strike price of 1.85 and as of 2/03/14 was trading for under .16 usd per share.

TMD.WT.A expires June 2016 with a strike price of 2.00 Canadian. It has recently been trading for around .25 USD

TMD.WT.B expires December 2016, with a strike price of 1.75. They have been trading for around .40 per share.

TMD.WT.C does not expire until March 2018 with a strike price of only 1.25, it has been trading for .66.

Remember that although the warrants give great leverage, resulting in much greater profits if the stock just rises a couple dollars from here as opposed to what you could have in the common stock, if they are not in the money at the expiration date, or if you fail to exercise or sell them, you will lose the entire investment. Also they are traded much less often than the common stock, making them more illiquid and harder to get rid of quickly for a fair price.
the following link is what i use to check up on the bid/ask and recent trades for warrants.
http://www.tmx.com/TSXVenture/TSXVentureHttpController?GetPage=SecuritySummary&SECURITY_ID=222333&MARKET_ID=CDNX&SEC_SYM_SID=1&HC_FLAG1=checked&HC_FLAG2=
Just enter which warrant you want more info about in the search.

Yes they give great leverage. There are 4 classes of warrants for Titan Medical, the TMD.WT has been selling today for <.16 USD
http://www.tmx.com/TSXVenture/TSXVentureHttpController?GetPage=SecuritySummary&SECURITY_ID=222333&MARKET_ID=CDNX&SEC_SYM_SID=1&HC_FLAG1=checked&HC_FLAG2= I've posted this once before but I will again since there seems to be much interest.

I agree. Been increasing my position in the warrants TMD.WT and TMD.WTA, I now have over 150000 total :)

The more people we have waiting for a nice pullback after dilution announcement to buy in, the more likely it is to not happen.

safe bet imo is to hold. PPS may take a hit but I would surely bet it would be minimal especially compared to the last round of financing. I believe dilution will be pr4eceded by or followed by some awesome prs, in which case share price may continue to rise. worst case as i see it is possibly 10 percent dip for a couple weeks...hardly worth risking your position for.

I believe you and Akrez are both right, different institutions have different policies.

It should definately come very soon.

Just got some of my tmd.wt.b order filled after a long wait...now I have warrants in each class!

I think you made a good choice. I was curious though, what was it that ultimately influenced you to open your long position now where as just a few days ago you were determined to wait for a price drop?

Next 2 weeks alone should be very interesting.

Not that I am aware of. It is typical for warrants to have such low volume. Generally those who invest in them have no plans on selling until some point near the expiration date.

I bought quite a few several weeks back. There is very low volume with the warrants, often days go by with no trades at all. This has resulted in quite a big gap in the bid and ask prices. I think you could get TMD.WT.C easily at .25 right now. They have a strike price of just 1.25 and dont expire until 2018.

I think the huge price drop was a combination of that, plus losing their ceo around the same time.

Most are the class A, got a few k of the C as well

I am at just 5k shares but over 50k in warrants. I don't have as much to invest as some but I am also very new to investing actually so I am still getting up there. I started in early October, and took a couple hundred dollar losses on a few that didn't pan out, then got all in on OXBT at 3.30 and out at almost 10.00 3 days later. I took a few days to do some DD and Now I am half invested in TITXF and half NVAX.

I don't expect any significant news until mid january tbh. also i would guess that quite a few doing some tax loss selling right now? The next couple weeks should be great for accumulation.

this is a pretty good link to get info on the different warrants.
http://www.tmx.com/TSXVenture/TSXVentureHttpController?GetPage=SecuritySummary&SECURITY_ID=223499&MARKET_ID=CDNX&SEC_SYM_SID=1&HC_FLAG1=checked&HC_FLAG2=

I believe they werre released at different times to go along with different public offerings. If they go the same route for future financing i suspect we may see a "class D" warrant issued. The strike price on the warrants is usually a little higher than the current share price when the warrants are issued. I bought tmd.wt.a and tmd.wt.c. the others dont seem to be traded at all, at least not at a price that would make them worth considering.

Let me know how it goes!