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I agree with some others CUIN, don't let emotional and immediate frustration blind you from the positives and stick with this for another 5 months.... Then, we all will understand and probably do the same. In the next five months it is a gamble anywhere.... It's one thing or another in any company, and because of that very frustrating. But if it were easy or we were always lucky, we wouldn't be here trying still!! Whatever you choose, don't do anything for a week, then reevaluate. All in my humble opinion of course
Thanks for the update. I assume on track with the time line??
Stock options for management in this regard are good IMO. It gives incentive. The price is higher than the current PPS. The time is a 5 year option. Putting it together it makes me think that the price will very shortly climb above 1.7. If they have an option to buy, is it out of their own pocket?? If so, then management will be personally investing and infusing their money to support the company along with the warrants. It may dilute the shares of course, but in a well worth it way... 5 year time line makes me think that they just may take this to completion. If the release is in 2 years, why bother a 5 year option? They are going to bring this to market and drive a huge price before considering selling. For all of us, it looks like Mgt is committed and ready to get this going and do it big time. They want to be multimillionairs!! Yeahhhhhh..... Maybe kabillionaires. All in all, it sounds like the foundation of Titan is getting more secure every day.
I HAVE A LOT AND LETS HOPE YOU ARE CORRECT!!!!
Hahaha
OH and LONGTERM, IT IS NICE TO KNOW YOU HAVE A JOB!! BOTH THESE MAY SUCKITUP AND WE WILL NEED TO EARN A LIVING!!!
Ok I GET IT!!!!! PLEASE enough with the debate over the other stock! We all hate seeing so much of it on here (a small dose for the sake of comparison is ok) but we keep ASKING for more!!! 80-90% of Longterms posts have been in response to someone ASKING for it!!! Good luck to both. TITAN is BETTER though. FIRST, BECAUSE THIS IS A TITAN BOARD!!! OF COURSE IT IS BETTER HERE!!!! Secondly, it is obviously better from an overwhelming opinion of non bias doctors. PLEASE STOP THE TRXC DEBATE ON THIS BOARD!!! YOU ARE TURNING ME IN TO SUCKITUP WITH ALL THESE CAPITALS!!!
I HOPE TOMORROW IS POSITIVE IN TITAN.
And to add to that, the value a company places is based on NEED, WANT, CHANCES OF SUCCESS (which is based on history or similar history). I have said before, look at ISRG's history. 300% years. I don't think there is any chance that we get bought out while the PPS is 1.4. But if we triple (which is real history) to 4.5ish and then again to 13-15 in the next two years, a buyout of 30-40 is not out of the question. Especially with a new technology that will massively improve what is already successfully out there! This has the POTENTIAL, and it is not fluff to speak of it like some suggest. I think it is the real deal and we are going to be a part of it. This is not your ordinary penny stock pipe dream. This has the backing of serious patents, serious surgeons, and serious business. This most likely could have been developed by private investors, but took the pink sheets path instead. LUCKY FOR US! The risk is there and it is real.... but I think Titan has a serious amount of POTENTIAL that is there and also very real.
You would include the warrants as well, so that puts about 10PPS on every 1.45Billion buyout approximately. I think 2.5-3.5Billion is a more reasonable offer within a year. That is units built and CE mark set to happen. That pans out to 17-24 PPS. If they wait to complete FDA approval before accepting offers then a 4-5 Billion is reasonable IMO... PPS 27-34....in 2 years. With ISRG at 18-19 Billion MC now and a future market set to rise by 100-300% according to analysts within 5 years anything is possible. All of it is good. 20 makes me a very happy man spending time on a very happy sailboat in the caribbean. I might name it MyTitanDream.
My attitude precisely
You hit the nail on the head... I am buying little bits when I can, but my major work is done. A huge chunk and I am holding. The small volume of trading and IT manipulating the PPS is indicative of a large dam.... Large volumes will move this PPS either up or down. It will take disaster/bankruptcy or full scale economic collapse to have longs sell in high volume. It will take a good look at the product and what it does and PR to the masses (up trade to the NASDAQ) to get large amounts of buyers to drive the hold UP UP and UP... I think the percentage is very high in favor of the latter!
Well let's say they go it alone... 2-4 Billion dollar robotic market now. ISRG owns it. Predicted to be 20 Billion by 2020 (within 5 years). More global, more surgeries because of better technology. Say in 5 years there are 3 players.... ISRG, Titan, and JNJ (maybe just 2 players). At ISRG's current PPS an equivalent Titan PPS based on shares outstanding (including warrants) would be 155. So if the market actually does get to 20 billion in five years and Titan only gets less than 20% of the new market, in five years the "potential" is 150 PPS. But true "potential" is even greater!!
I agree with you that Titan will most likely get sold before that, but analysts will know the potential as stated above. Hopefully that results in a nice PPS buyout. Of course, I am long and hope they go it alone. My 401k is heavy in TITAN!!
I read that and felt immediately JNJ/GOOGLE. Wow. Very interesting. Very interesting that NO ONE can find jack about the JNJ prototype that was announced within a week of Titan's. Am I just being too hopeful for such a collaboration/MA/financial backer?? It is hard not to dream. Hard!
It will be interesting ONE WAY or ANOTHER......
And I think this board, for the most part, appreciates learning about any company that is remotely in the same sector. I enjoy learning about companies like IMRIS, and think even if I don't invest personally, that it helps form a better opinion of the sector. But yeah...glad I didn't invest. Hope some on here got some short term gain out of it!
I agree... Totally different market potential with a WAAAAY more expensive unit, that questionably does anything better than the CT/Brain LAB already purchased and in place in many neuro specialty hospitals including ours. If Titan had to ask the hospital to build a multimillion dollar suite to accommodate SPORT and it involved architects and construction of new facilities, I would not invest in Titan either. IMRIS was doomed to fail in this climate. SPORT does what IMRIS could not. It is mobile, cheaper and better than the current alternative.
On the flip side, this new burn rate is concerning to me and Titan better ramp the F' up to get some of the warrants available. And more than just the first round, because at that burn rate the first round will only last another few months at best!! Cmon guys(MANAGEMENT)!!! Nothing great happens for free. Get on this or someone else will!! There is an army of backers here but they have to believe to stay in the fight. Just this weekend I talked one of my family members out of selling their shares out of frustration or loss of hope. NOT EVERYONE invested in Titan is a message board obsessed believer/research hound. They see a risky OTC investment that their broker warned them against and it is not performing. The silence game better be for good reason, and come to fruition soon.
Yeah, I don't think this alone will be a PPS changer. After all it wasn't a press release. It was a dig and find by one of the best on this board! From a useful and unique perspective, this will give the robotic arms much more directional mobility than anything out there. More than real human hands! This IS a big deal. Robotic surgery is about to change... I don't now the details on ISRG's single port abilities, but I think it is clear that the robotic space is going to increase big time with this technology.... Even outside the hospital/OR. Very cool stuff.
Of course it doesn't take a little birdie... We all know something big is going to happen soon. Within 6 months, this will be a different board. I predict the finished product showcased with awesome sony 3D screens, and a movable footprint that can roll to any OR or ICU in the hospital. Also there will be internet connectivity to the training center in Maryland and with a panel of experts to help from anywhere in the world. The bidders/partners will truly start to be discussed and the PPS will catapult 3-500%. Within a year studies commenced... and FDA applications started. Another 3-500%. The little birdie is the obvious progression TItan has been providing. Under promise and over deliver.... I've had my coffee and I am optimistic this morning!
Yes the rep at our hospital admits to owning a lot and most of the other reps do too. And he goes further to say, they are willing to jump ship and go work for Titan when the time comes. But of course they will tow the company line and say the things that corporate wants them too. I am sure ISRG knows this.... they probably are the big reason we now have the "poison pill" amendment to the bylaws! Maybe the reason that the PPS keeps low during the "you've got to be an idiot to sell right now" phase. Here's to hoping we have a good week!
I know it seems intuitive to think that the arms would be difficult to sterilize, but the physics/chemistry behind the sterilization process will not make it an issue. Don't worry about that.
Today I was working with a general surgeon and he was talking about the negatives of robotic surgery. He is early 50's and thinks the lack of "internal" manipulation with the direction of the arms is the big limiter. He would want to do "Single Port" cases, but the DaVinci system is too cumbersome. He is not the only one of our general surgeons to thinks this. A couple of others have tried to be proactive in the technology and have quit. I told him that it is all about to change in the next couple of years with the "snake" arms of Titan and the newer single port DaVinci. He had no idea. He was very interested. He could see himself changing his practice. The point being, that, the robotic market is going to expand big time with this new technology. ISRG will get some and Titan will get some. The naysayers currently down playing ISRG and the growth curve will all be applauding it in 2 years.
This sector is about to take off and those not on the ride are going to miss out. We look at this every day, but sometimes forget, how big of a game changer this will be! No way will I sell at this moment. I would only sell if it was delayed for any reason. But if they are on track, I am buckled in and ready to go! GO TITAN!
I think this stock is going to be manipulated by interested parties, more the closer we get to product. unfortunately the parties interested in seeing the stock stay low have lots of money. But there will come a day, that these players have no more stock to sell, and if bought by true longterm investors that are holding, this will end up being wound up and ready to explode like many have suggested. That time is anytime through the next 12 months IMO. I predict we see lots of volatility here. Unfortunately, that could lead to more selling from the "day trader" mentality. In two years we will have a product that will give gains that will make us all smile as long as Mgt keeps on timeline. "A lot of college tuitions will be payed with this investment" JH
That would be a breath of true hope and belief. The longer we don't see it, the harder it is for people to keep their investment here. Mine is mostly in my 401k, and I am loooong, but like many, I am sure there is some short term investment that was really hoping to have done something on the upside by now. Ahhhh well.... the joys of investing... delayed debt payoffs just a little longer.
I still have not seen a video of the surgibot actually doing anything... just moving arms around like some 1960's "future robot". Not even showing that it can easily suture, or bear force! On their web site it shows a rather pathetic video. Surgeons can be bought just like anybody else. The chance to make a quick buck with a supportive word or two is not new. I think there is a possibility to make money with your investment, but as a LONG term investment, an unbiased opinion of many including my own, is that the surgibot will be short lived..
I am surprised with the lack of uptick today as are many here. I think that it is possible
1. The recent "poison pill" addendum was put in place because the purposeful PPS control by a large company who wants to take it over. Possible threats behind the scene etc...
2. Over the past few years, we all have gotten to KNOW about Titan ALREADY! We are all highly invested and the few shares that we buy here and there isn't enough to move the PPS. This would be Bertner's fault... There needs to be new eyes on Titan. New eyes with money to invest that is. Uplisting would work clearly, but what is Bertner or Mgt doing to help make this happen??
3. A combination of the above
I hope the next quarterly update and yearly meeting give some news that extends beyond this message board and gets some big time investors looking. Articles, new research, and a shiny product would be helpful.
It IS great news! What is the deal with the PPS this week though?! It makes me think that some ISRG execs are purposely buying and selling Titan to keep the PPS down. With the relatively low volumes, they could manipulate this PPS and hope to keep the company down by forcing refinancing, by making investors suspect, and by creating a false sense of worry/uncertainty.
ISRG is integrated in to many residency programs for their training now and of course I think that is a smart move. New residents are going to know it and appreciate it and ask for it. Titan just has to be out there in force and cost effectiveness. The training has to be cheap or free and easy for the surgeons to want to go.
At these prices, I bought some more today... I do think the end of this year will bring excitement that even evil can't suppress... To look at the fully produced units and see them sent to training centers and trial hospitals is going to open the eyes of many and I suspect be the catalyst to getting it uplisted. Once on a major market in the USA, the volumes will force out manipulation and investors will see something that will start making money in less than a years time. Buy and hold. The less we sell, the less volume to ride and the tighter this thing gets wound up.
I think everyone here is right to a degree. Investments are risky, and this may be a hail mary ( I dont think so), but to me this is not apple coming out with a watch that isn't doing well. This is like apple saying they are coming out with a watch that is amazing and capable of great things and then saying (after investors jumped in) that we have to tweak it.... for a couple of years. I put in almost double the investment last year because I thought that it was coming out (maybe a dud like the apple watch) and we would see some movement up. That was my decision. The announcement took that investment down. What it leaves me is stuck.... because I do believe in this company and ultimately the product. I think this will be life changing for my finances. But I am in heavier than I wanted to be with the lateral movement. I don't want to get out now though and lose money, or God forbid, miss the rise on whatever the hell news it would be! In the end... I hope my heavy investment just gets me to an even better place... But if they fail, I will be pissed at the false lead up to last year. Very pissed. Possibly legally pissed.
Let's hope so. I think starting this next week, if the quarterly review or Year recap has some exciting forward looking news, we will see some PPS movement start to build.
Interesting that good news has brought a dip in PPS?? The market is a very funny place. But IMO, for whatever the reason, we have a good buying opportunity here.
I agree with you and it sounds like we have been on the same boat for awhile. I hope the next couple years it takes us all the way to Tahiti. And we can trade in the boat for a yacht! IMO these last few announcements have hinted that they are ahead of schedule. I would love to see SPORT in deliver mode at the very beginning of Q4 instead of "during Q4" (ie the end or later). That is less than 4 months away. THAT would be huge for PPS movement. Followed by detailed delivery and modes for approval. But I think that sitting at 1.3 now makes it hard to believe we will make it above 5 by the end of the year. Unless there is a huge partner announced for potential BO or distrabution/sales. Patience is key....
Crickets.... Pretty odd that the message board goes dead silent. A sure sign that Mgt should stir the pot!!
I have learned it the hard way.... timing the market and predicting the timing of movements IS NOT EASY!! I agree with the notion that a long position will get you farther in a GOOD investment more often than a day trade investment. Of course, I say this wishing I would have sold most of this at 2.50!! But in the end, the movement will go up IMO. The real question is how much. Say you are angry and bought the bulk of your investment hear at 2.50... A two year hold with a 50% gain will mean Titan gets to 3.75. Unless we fall off the cliff here, I think that is not too much to dream for and most people would be happy with 50% over two years!! It is pretty obvious we all want more, and I really think we will get a lot more, but you just never know when. Manipulators of course want to try to move the PPS for their own benefit, and small volume investments are primed for emotional runs. To listen and try to "time" anything is foolish unless you really do have a line on the inside scoop. Best of luck to all of us here!!
No, there was no announcement. It is speculation based on the words JH used to describe the relationship/company being word for word the same as the CEO of microline describing his company. Very telling..... And by the looks of it, people are not happy about it! I personally do not know why PPS is going down so much this past two days. The annual meeting is coming up in a month.... I would think people would hold on at least until then, in the event there is some revealing news that may propel the PPS up and thus avoiding another dilution. I agree with others... another dilution would cook this investment. Trust would fall and the competition would just eat them up. The potential here is so incredible, but it is obvious people are falling off trust with managements skills to bring it to fruition.
I personally don't think it eliminates them, but makes it a little less likely IMO. If JNJ/Google were part of the known future, then I suspect that Titan would be dealing with a subsidiary of JNJ and not Microline. But anything is possible, and the idea that using somebody outside of JNJ could be to anti up the bidding FROM JNJ. The buyout/partnership for anyone would come AFTER the commercial units are ready to use from Ximedica, so looking as independent as possible at this juncture would be a smart move to up the BO PPS.
HAHAHA If Microline is that organized we are in for some interesting times!!
http://www.microlinesurgical.com/company/about-microline-surgical
I like that they are world wide and backed by a Japanese company with some money and connections
It seems very clear (maybe 95+% clear) considering that the EXACT same words came from Hargrove as the CEO in your link! Good find. It looks like they are the "contract". Unfortunately, that puts away for the most part, the idea that JNJ/Google and Titan are talking about the same "prototype". I can only say, I hope they are ahead of schedule....and I hope SPORT comes out before the competition out there. Does this make it more likely they are going it alone with partnerships in place?? Or just setting themselves up for a buyout?? Are they a good and reliable company?? One GOOD thing about a partnership is that they may use less of the money currently held, and hopefully prevent another dilution next year. Crazy how this story is developing!
I think it makes very good sense that they are outsourcing. Cost and time efficiency being the biggest reasons. It is much easier from an engineering point of view to develop one arm for an already made device or just making small tweaks. It is smart because it allows hospitals to have integrated instrumentation also. I think this could all be the reasons for secrecy. The influence that ISRG or JNJ/Google could have on disrupting development of competition could be extreme! Especially prior to FDA approval and sales.
Ok, thanks. I suppose I've had the luxury of huge ORs. And still, the DaVinci is cumbersome. The new model is better for sure, but SPORT will be room to room like a c-arm I hope.
20 years in practice.... why do you need to turn the bed 90 for choleys....multi or single port??? It is certainly not the norm, and has nothing to do with SPORT probably, I am just curious...
I think the article on stress levels doesn't account for the fact that it is a relatively new procedure, thus causing some subtle stress to the operator. But at this point and as an investor in the robotic space, I will support it!! I just think it is more about the physical stress of standing all day over a bed on your feet and back. We anesthesiologists have a much healthier job.
I think the SA article articulated some important points. The robotic sector is going to grow. That the JNJ robot prototype might BE Titan. That there will be competition. Given that though, it is clear that there is a very large bias. Clearly it sounds VERY FAMILIAR/SIMILAR to a certain poster on this board who loves another stock and tries to promote it like crazy! Maybe the author of the article??? AND SERIOUSLY a ten year outlook of only 3% share in the market!?!?! How can one possible say this? In ten years, ISRG went from nothing to a 19BILLION dollar company. In TEN YEARS Titan will only be worth 8-900million??? Stupid. Especially when you consider they say the robotic market will grow 12-18%/yr! In Ten years that puts ISRG conservatively at a 45BILLION dollar company if they keep the growth in their pocket. I would say that it is reasonable that 3 or four players will be present. Titan being one of them. At 5% of the market, that puts Titan at at least 2.25 Billion, considering current SO, that is approximately a price of 16. In ten years a lot can happen. McDonalds does not own 85-90% of the market share!! To value Titan at such low levels and at an equal playing field as TRXC is just ridiculous and full of pathetic bias.
I think that this year we will learn one VERY IMPORTANT fact..... IS JNJ/GOOGLE's prototype TITAN??? We could learn this at any point from tomorrow to the Q4 announcement of completed commercial products. If it is one in the same... well, an explosion in PPS will happen IMO. If it proves to be different and Titan is truly competing with ISRG and now JNJ/GOOGLE..... then we have a longer road to battle. I think that this will be a VERY interesting year and there could be a surprise in either direction at any time. I am personally hedging my bets. Because by years end, if we find out the latter, and we have stiffer competition to go against, at least we have a product to test!!! THAT in and of itself will support a higher PPS. AND, that is when another company might offer some buyout options.... I think minimum we are good for a 100-300% gain within the year. IF...IF JNJ/GOOGLE has anything to do with Titan, then the percent market share will most certainly be huge and a soon 8-10BIllion MC will be realistic. That is 50+++PPS. Of course I want to dream big. :)
Funny how little things can push the PPS way up one day and multiple stents of good news can do nothing another day! Just sitting here believing that this and Titan will do something significant some day!