Four years? LOL! Go sit at the kids table while the rest of us who's been in this pushing 8+ years talk business.

Roco Taco called this pulled back yesterday. Let's see if his prediction of closing at $2.50 comes to fruition. Good call so far!


Clicky Clicky

Yeah, I meant to include that in my post. No way a vote passes to sell for that low of a price.

I really don't think they're going to let Titan go for $750 million. Now, that may be a down payment on the purchase, but I highly doubt we're bought out at $750 MM.

I wouldn't think the share price we see would be any indication of a buyout price. It could mean news has leaked and people are gobbling up shares before a partnership or buyout announcement. But I HIGHLY doubt $3.18 is anywhere close to a buyout SP.

For speculative and entertainment purposes only:

Something is driving this 25+ million share trading day. Let's say a partnership is announced. What's your guess as to the SP?

21+ million shares? Yeah, something is up.

That's my hope and I dang sure hope that is what's happening. I always get frustrated when I see these type run ups only to have the rug pulled out from under us with an immediate raise. I've got enough knots on the back of my head, I don't need anymore.

I wouldn't rule it out. Anytime we shoot up in share price like this, without any news, an offering normally comes shortly after.

I wish I had the extra discretionary funds to continue to buy more. I'm pretty much tapped at on the buying side. But I've accumulated enough that with a cost basis of $3.53/share, if a BO is anywhere in the neighborhood of what some are predicting. I will do very well. Probably won't be able to turn in my two weeks notice at the job, but could definitely completely change our financial situation (for the good) for the rest of our lives.

It's going to be harder and harder to get people to sell at the "cheapie" prices. I suspect people are going to begin getting very stingy with their shares.

How many outstanding shares do we currently have?

Trying to find the post to email for access to other board. I saw it last night but cannot find it today. Can you copy and paste again, please? So I just email the email address on the instructions?

I personally believe your $38/share BO projection would be in the neighborhood of pre FDA approval. I think a valuation of an FDA approved robot would need to be done first, then discount it from that price point to pre-FDA approved.

MDT will buyout Titan before they have to pay a massive premium. If they wait until it is FDA approved and "ready to go" they WILL HAVE TO PAY a huge premium compared to buying out before FDA approval. But the good thing is, the BO price before FDA approval should still bring most of us a very, very good return.

How anyone could rationalize selling AFTER the Medtronic deal is beyond me. I could see pre-Medtronic with how the company couldn't help but tripping over itself, selling. But now? LOL! Makes zero sense.

I think a worst case scenario buyout would be $20/share. I think it will more a long the lines of $35-$45/share.

I don't think MDT waits until FDA approval because at that point the ticket price goes SIGNIFICANTLY higher. They will reach a development point with Titan that they feel FDA approval is just a formality and they will pull the trigger on a buyout. The difference in doing that compared to waiting until after FDA approval could mean billions in savings or billions in paying a premium.

What would a stock deal look like rather than a monetary buyout? I assume there would be a conversion rate like for every share of TMDI there would be X amount of shares of Medtronic.

I wonder if the announcement we're no longer in delisting status gives PPS a bump? Also, I can understand why several longtime posters had an issue with Mac's wording of "few years". Is this a new development from the last timeline update? Without clarification it is very reasonable someone could easily have interpreted him as an additional "few years" to the current timeline. So let's not crucify people for asking reasonable questions.

How many O/S shares do we currently have? I also would like to know about the PFIC status as well. If it sells at 2.5B or more, "Mama's" going to be real happy with me! LOL!

I'm just now getting back to my computer after two days. Was there news that came out or something? LOL! Last I looked we were in the .80's. Log onto this afternoon and we're $1.24. What happened?

WHO is saying this?

Oh I agree. It's a waste of time. The dude couldn't give two craps about individual investors. Up to this point there's not been any incentive for him to worry about shareholders. But hopefully with the R/S and options being voted down there will more of an incentive for him to appreciate shareholder value.

What's important is for the intended audience to read it. What's more important is the message gets across in a convincing manner. After the third misspelled word and fourth grammar mistake in the first point of the sender's letter. I can tell you I would delete it. I've done it before with letters trying to solicit my business and most definitely have done it with resumes.

It's a basic rule of communication in business. Misspellings and obvious grammar errors in business correspondences are the quickest way to lose your audience and credibility.

I quit reading after the obvious grammar and spelling errors in the first point. You don't send crap like that to any CFO, CEO etc. and expect to be taken seriously, much less even be read.

No they won't..

I actually don't think he's a joke or incompetent. He just doesn't give a damn about your investment or any other shareholder.

I bet it's not like the secret handshake Mc and Randle had where they'd "handshake" with each's hand in the other's pocket. "My Rock"!

There was a trendy term years ago for the ineptness of this management and that was "Amateur night at the comedy club".

You're asking the wrong person brocephus. I've never supported a RS nor the options. Sent emails just like many on here expression my disappointment and frustration with them.

Not sure if this is an accurate statement, but I think with the R/S being voted down along with the options. They are more in a position to have to sh*t or get off the pot. In my opinion, the voting down R/S and options a BIG WIN for shareholders. Puts some fire to their feet.

I to think a buyout is on its way. However, I think from a business standpoint, Medtronic does care "how much" they pay for the buyout. I think there's a point they will be trying to get to where they are substantially convinced that the robot is going to work and not getting so far down the line that the price tag inflates a billion or two.

You should know by now Titan market behavior NEVER follows traditional market behavior. Great news=sugar high increase in SP=eventual drop in SP, Good news=drop in SP, Bad news drop in SP, they find a cure for cancer=drop in SP. You see the pattern?

And if that doesn't happen, which I highly doubt it will, then what?

Actually they aren't clueless, they just don't give a damn about your investment or my investment. If the R/S hurt management's means to make a boat load of money they wouldn't do it. But they aren't invested the same way we are so it doesn't matter to them. If they do a R/S they'll just reprice their options accordingly.

What's it matter if he's "on record"? Hell, he went on record before the last R/S saying he would support SP post R/S. He doesn't give two pickled turds about anyone's investment on this board. He really doesn't. It's not personal, it's just when you're small fish in a big pond you get overlooked for the bigger fish. And if you're a small enough fish you end up getting ate by the big fish.

The R/S isn't a problem if after the R/S the SP doesn't drop, but rather appreciates. Much like the R/S to get on NASDAQ. If McNally would have done like he said he was going to do and "support share price after the R/S" you wouldn't have so many investors on here staring 90% losses on their investment. But here we are...

And Enos reminds me of the incompetent deputy sheriff on The Dukes of Hazzard.

This IS THE BIGGEST concern. I have no doubt Titan will ultimately be bought out. Whether it's by MDT or someone else. But simply because they get bought out doesn't mean all shareholder's make money. People like McNally who doesn't seem to give two pickled turds about shareholder value can easily drown someone's investment into nothing by R/S and more dilution. Which honestly, is what I expect him to do before it's all said and done.

Not sure how long you've been an investor, but this company and their management teams have burned A LOT of people and their money with their bad decisions for many years. There's just no other way to spin it. So regardless of how long they have to get the SP above 1$. A LOT of people's trust who are invested in this is paper thin, and rightfully so.

The last reverse split went about as well as a fresh turd in a wedding punch bowl. People have had to continue to dump thousands of dollars into this to save their investment, now they're putting another one on the table as an option when they now have Medtronic invested in their company? LOL! It shouldn't even be an option they have to use.