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Okay Cuin, what's your opinion on the end game here? You still sticking by your "If they sold today it would go for $1.50 and up?" or have you re-calibrated your opinion?
I made a mistake. My market watch app had a hiccup. Got on my e*trade account and share price was .50
Hiccup in my market watch app. I refreshed it and the dang thing showed .45 but when I logged on to my E*Trade account it was .50. Not sure what happened.
And here comes the market's reaction. Taking a dive...
Start selling robots. There is a fine line between getting something right and going to the point of overkill with the pursuit of perfection. Time is money and I don't think anyone can argue from an engineering and development point of view, they have done a great job with this robot. But on the other end they've done an absolute shitty job at the business aspect of it. I don't know what's going to happen. But it's time to start concentrating on the "business side" of this thing and taking the value they have created in this and start turning into actual money.
This is just a thought. But I wonder if after the operations halt and the backlash that produced. If it caused panic within management and there have been disagreements on the next steps to take. Like I said, and many said on here, that operations halt forced management to have to do something. Yes, this looks ugly right now but we have no idea what role Fowler played in the bogging down of this company or what? I don't know. But I do know this, since the operations halt we've had more activity than we'd seen in damn near a year. Going to be an interesting ride to the end.
At first blush it doesn't seem good. But, as with anything it's best to let more information come out. I've already had several texts from fellow Titan investors I know personally who are wigging out saying "We're about to be sold for .50/share!! MARK IT DOWN!!!".
So far it looks the market doesn't know what to do with the information. We're up a few points but no real major swings either way. But it does look like this roller coaster ride is coming to an end sooner than later.
Well, I would hope they wouldn't grant themselves gluttonous options that they didn't feel they would be able to exercise in a buyout. So we're looking at at least $1! LOL! WE'RE GOING TO BE RICH!!! RICH!!! RICH I TELL YA!!!! LOL!
I wonder how the market is going to view this? As the boat is sinking or as they are moving toward a buyout and we start seeing a scramble to buy?
Fowler resigning had to be known last week before all the "Christmas presents" were given out to the others. Seems they knew Fowler was stepping down at some point last week hence-the reason he wasn't apart of the issuance of options.
One thing is for certain. Everybody thinking we needed something to happen "soon" looks to be getting their wish. We maybe sold by end of the week. Now I just hope we're not bought for pennies. That would suck hard.
Seems the wrong person resigned. I thought we wanted Hargrove to resign?
Well, let's not impute "Smart business persons" on Titan Management. Let's just hope they have enough walking around sense to know the value of what they have and will now get off their rear ends and start promoting this company like they should have been all along. But no, I don't think nor believe they will "give away" this company.
That is very possible. But the thing about not having any debt is they can simply sit on this thing. Ximedica can't force them to sell. Titan has developed a robot to the point where it has value to a company wanting to get into the robotic surgery market without having to start from scratch. And from everything I've read there's no one really close to where titan is from entering the market. I know Medtronic won't even theirs ready for FDA approval until at least 2019. This coming from someone who I know personally that works for them. He said 2019 is an "optimistic" time frame. Titan isn't completely void of leverage.
I'm still unsure about where this investment is headed. But one thing that I'm growing more certain about, is Titan isn't going to be "given away". Now, I'm not expecting a $20+/share buyout price. But I have no expectations of it being sold for anything under $2/share. As always, this is simply my gut feeling that is an opinion. But unless a person is behind the scenes and has access to management. It's all opinions and opinions are just that, opinions.
How does simply giving options at a dollar get the PPS up?
Why would they do this if the current price is basically half that? Unless they are expecting something to happen to increase PPS. Or are they just playing games?
If the options are for $1 does it mean that's what the PPS will be on a buyout?
One of the obvious and most popular options is a partnership. I've read where no one knows it's happening and out of the blue they announce a partnership with (insert name of partner). But does entering into a partnership have to be voted on by the shareholders or is that just for a buyout price?
Question to the Titan board members who are Titan investors. How long do you think it will be before we "hear" anything regarding financing, partnership, buyout, or other? A week, two weeks, month?
Are there any small or midsize companies out there who would realistically be interested?
Thank you very much for that explanation. I've learned a lot from many of you on this board.
Pardon me for not understanding, but are you talking about Titan in this sentence or Intuitive?
"40 millions shares we would be at prob 3$ and then when getting closer to fda 6 then 12. Then a buyout at 21$."
I also appreciate you taking the time to explain it to me. Many times on this board we forget we're all rooting for the same team and when someone gives an opinion they don't like or agree with, they insult rather than educate. Thanks for not insulting.
My guess is if they partner up with someone you will more than make your $1.87/share back and then some. A fire sale at .75/share, though possible, is unlikely right now. But I do agree, this investment should have been on par with Intuitive. But piss poor management ruined that for us...
Do you mind expounding on this? I'd like to hear what you think a "decent sum" will look like and what do you mean by "and the rest of the upside will be realized in the acquirer."
If a partnership/buyout is going to happen it's going to almost have to happen very soon. Because there's simply too much risk in putting development/operations on ice for multiple months trying to find funding. So in my opinion in the next few weeks if a partnership/buyout is what management now has in mind. It will happen in the very near future.
I think the potential impact/value SPORT has to the medical community maybe the only thing keeping the stock price where it is right now. Because it sure isn't the confidence in management to bring it to market. After last week's announcement I was expecting this thing to tank and stay down around the .30-.40 range. But so far (knock on wood) it hasn't and has actually made a decent recovery. Considering what the news was. So who knows? Maybe when it all shakes out we can hit "double", maybe even a "triple". But you're right. It definitely won't be a homerun like it could have been.
Yeah, laughing stock no doubt. I have no idea why Longtai is still entertaining the thought of doing business with Titan. I don't know what they were told by Titan to convince them to still "hold the rope". But my guess is one month from now they will remove themselves from the deal and request their $2,000,000 deposit back.
I wonder how awkward it is among other management personnel? I would have a hard time interacting with others if I screwed up as bad as he has. But to be honest, this falls at the feet of management as a whole. Not just one person. Speaking of rotten tomatoes, if they don't find money quick, fast and in a hurry timelines are going to be adjusted further into the future.....again.
I don't think anyone would blame you if you did. Management has put this company between a rock and a hard place and shouldn't even be in this situation. It is mind boggling to think it wasn't that long ago this stock was over $2.50/share. Now it's barely hanging on. I don't think your the only one who is disgusted. I know I am.
I'm not sure. The main thing right now is raising money. They need money to get operations back going and get to closer to the finish line. In the interim the PPS might not be great. But the big picture goal is to get this to FDA. That is the main goal.
Whether one sees today's news as good, bad or indifferent. One thing is for sure. Titan management has to do SOMETHING and there's simply no way around it. They cannot simply sit on their hands. For Longtai to still want to do business with them after last week's news tells me that they heard something they were satisfied with that Titan management said they were going to do. If they didn't the entire thing would have fell through. The news today could have been a lot worse. I was expecting worse.
How (if at all) would a partnership (for examples sake let's say with Medtronic) effect OUR current shares? Would there be a reduction in our shares to partner with Medtronic or whoever?
Yeah, I agree. For them to still be interested after last week's embarrassing news tells me there's something considerable going on behind the scenes. Now, whether management can close the deal on it is another story. So far they've proven they can't pour piss out of boot or run a lemonade stand. So we'll see...
Does an announcement of a partnership immediately rescue PPS? I hope to god they are negotiating a partnership deal with someone.
If Longtai still wants to "dance" after operations being suspended last week that says something. Not sure what it says, but it says something. I'm pretty confident (no inside information) that Titan has come to terms with the fact that they cannot go at it alone anymore. It's time to partner up. As you've stated. That is probably what's going on right now, hence the month to month "reviews".
It seems we aren't getting any money from them. But they are still interested. Comes across as a "wait and see" position from the Chinese. From a funding standpoint, it doesn't seem like anything has changed.
Hell, if I can just get out of this investment for $1/share I think I'm done with individual stocks. LOL! My heart can't take it any longer. Not as young as I used to be!
I simply cannot fathom the investment a lot of large investors stand to lose and them just sitting idly by watching this ship sink along with their money. Especially seeing how close they are to the finish line. Makes ZERO sense.
Question to the board about Market Makers. I've read on more than one occasion someone claim on this board that the MM's know "what's coming down the pipe" before the average joe does. Yet someone on the board posted a lengthy article this week about MM's and how they fit into stocks and the trading of them. No where in that article did I read anywhere that a MM knows before hand any "news" or "information" about a company before the average joe does. So what gives? Do they know before we do what's going on with a company or not?