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No R&D or start up company worries or even does branding - this Titan rebranding is being done by the potential acquirer. Maybe Titan will brand itself Digital Surgery 4.0.
Also think about this Titan branding OF ONE PRODUCT!!!!!! They are going to brand themselves on one product - that is not a brand, single port is not a brand, robotic platform is not a brand. You can't have a brand until you have a product, in most cases multiple products.
Gotta tell you, I didn't think this would go down until 2020 but I am know in the camp that this will go down much sooner, my best guess, within 2 months of the AGM. Design Freeze brings in over $30M more in warrant money and most likely when CE mark is announced this summer that the rest of the warrant money will come rolling in.
What does that tell you? Break even has to be 10x that - minimum. Anyone that had a break even point of $3.60 would be very happy b/c there are less than 20 trading days before we will be at $3.60. And from there it is onward and upward.
Matter of fact, I am willing to bet that the shorts are really in a pinch b/c PPS is moving north. I would also guess that the shorters would be posting negative sentiment almost by the minute to try and rein this back in (that is how you can tell who is shorting and who isn't). Almost in a desperate attempt to try and influence it back to the low $2s. They still have some time but the clock is ticking and we are one PR from it moving north of $3. Lucky for the shorters is that I don't anticipate any PR from Titan prior to AGM (BUT I could be wrong on that and if I am then the shorters pinch becomes a vise grip and they will lose a ton on that short position). It appears that it will slowly inch up until the AGM.
I think it is somewhat understandable for someone with a cost average of over $30 to be lost, especially if they can't see the light at the end. Lucky for them that it will get back to their breakeven point of $30 upon regulatory approval (unless of course they dilute the snot out of it - then they will not get back to his $30/cost average - unlucky for him, should have average down)
tick, tock, tick, tock
Come on, the guy doesn't even know the name of the CEO of the company he supposedly has invested in and has a cost average of $3.40 -
I can guarantee you one thing and that is when the partnership is announced someone like SPORT19 will say "see..told you so, knew this was going to happen"
Of course someone with a cost average of $30-35 dollars like him will only see the negative side. Shame on them for not averaging down. Matter of fact, look at his posts when dilution occurred (iHub history) never once said he was averaging down only threw dirt on the company. If they are throwing dirt on the company they are not buying more. Very simple. Good news for SPORT19 is that this stock will get to $30-35 for him to break even.
that's not his cost basis - its gotta be north of $20, if not higher.
Tick tock..... the clock is ticking.
TRXC - Good ole trixie closed today with a market cap of $447 MILLION (btw that is down over 50% from its MC valuation of $1 BILLION just a couple of months ago)
Titan closed today with a MC of $76M.
So based on that there is only one logical conclusion:
Either Titan is way undervalued or TRXC is WAY over valued. And since TRXC has lost over half its value, its probably safe to say that TRXC will bounce around a MC of $500M for the next, oh, i don't know, let's say 10 years. It will also have massive dilution b/c if they don't have an acquirer now, with an FDA approved product then when they do it will be on the cheap.
Titan is trading at $2.43 today, MC of $76M - upon design freeze, MC is easily $200M (IMO minimum, should be higher more like $250-275M), which is roughly $6.50/share. A big question is will it creep up to that $250MC over the next 20 days or will it hold around $80-90 million and then jump up to $250M on announcement. OR does it shoot up to a MC equivalent to trixie (which is a POS - have 12 units sold over 7 years.
If Titan shoots up to a $450MC then we are looking at around $14.50/share.
Is there anything that Titan would share prior to AGM that would start the momentum or do they just wait on it and announce DF the morning of? The clock is ticking..........Can't wait to see what happens and when......
66 don't waste your time, put it on ignore and your life will be much better. Think about what you are doing, posting back and forth with posters that take any and all position at the same time.
Titan is well positioned with its Single Port technology, their patents and the ripe market conditions to do just fine. Everyone who is invested in Titan at the time the partnership gets announced will make a nice chunk of change. Those trading in and out and are out when its announced will miss out. Most likely it won't be any longs.
so you are blaming the millenials for the repricing of options....interesting take. Are you saying they are for or against repricing?
Keep working over the weak hands - you have another month - it must be like shooting fish in a barrel for you guys.
On another note, it will be interesting to see how JnJ launches its digital surgery platform. It has to be coming soon, they have Auris, Neuwave, OrthoTaxy, etc - will they add a multi-port platform? Will they add a single port platform?
We shall see but the big question is WHEN????
Also, what is Medtronic going to do, there have been rumors for about a year that they would make an ideal partnership with ISRG, will that happen?
It is about to get very interesting, JnJ will not be selling the Monarch Platfrom under the Auris name much longer - what will their Digital Surgery Division look like, who will lead it, what type of surgical robotic platforms (or more like HOW MANY) will be connected to it.
IMO - in order for any of the big medical players JnJ, Medtronic, Stryker, etc to compete in Robotic Surgery they will need a multi-port and Single-port - AT A MINIMUM.
At design freeze let the bidding begin. Opening bid is $4B. Regulatory approval takes it to a minimum of $6B. What is crazy is that this could all happen overnight
The shorters time is coming (might be sooner then they think). Fireworks are coming - industry is revving the engine and the lights going to turn green very soon
This whole rebranding that Titan is going thru - what is interesting is that JnJs digital surgery is going thru a rebranding process right now - I’m sure it’s just a coincidence
Yes It was a false potential buyout rumor which sent the stock shooting up. To reveal the supplier who signed on to do this about 3 years ago will be very telling. Yes, I would think that a reveal of the supplier (which is the money maker from the Razor/Razor blade model) would impact the PPS b/c it would validate the technology. For example, if the supplier is JnJ, would it not be odd that they are supplying the end effectors YET are making their own robot that would compete - why would they assist a competitor. In essence, anything of significance that validates the technology will have a positive effect on the PPS. I think the annoucement of the endoscope camera would positively effect the PPS.
IMO here is what I think would positive effect PPS:
1. Design Freeze
2. Supplier of End Effectors (kept secret)
3. Software platform (kept secret)
4. Designer of Camera (kept Secret)
5. Any regulatory submittal
5. Successful completion of clinical trials
6 Any annoucement of premarket Purchase orders
Im surprised that you don't see how it would positively affect the stock. In my opinion if the supplier is a company like JnJ, it would provide credibility to the Titan SPORT platform that in essence would validate it. Also, the supplier would be a potential suitor for acquisition. If Titan were tied to a company like JnJ, just news like that would put more eyes and bring investors. Do you remember when the rumor of JnJ being tied to TRXC drove that stock way up (even though it was false from the get go)? It would be reasonable to expect that if Titan were associated with a supplier like JnJ then it would impact the share price.
There is always shorting going on - only thing to really put a wrench in shorters playbook is to have positive developments/news but in an unpredictable pattern.
This stock has gone up quite a bit for 2 straight days on pure speculation (no news just a rumor of one potentially coming) - now based on movement it could be positive news. If something positive comes out this week(can't imagine it will be the WW Global Supplier of End Effectors - one can only hope), maybe followed up with another positive bit of news next week then more uncertainty has been created for shorters. Then it creeps in that Design Freeze could come at any minute so they could be caught with pants down. It is just over a month until AGM - IF NEWS comes out this week, it will be very interesting to see what it is. The good news is that every day closer to design freeze means the value goes up every day. Upon Design Freeze value of Titan goes way up.
Tightening the squeeze on the shorters, they better get out while they can
with all due respect, Multi-Port is not going away anytime soon - you have tens of thousands of doctors who do multi-port that will continue to use it. For example, JnJ which will get into robotics will have:
Multi-port
Single-port
Bronch
Still be a player in Laproscopic
You know that the market won't go from Multi-port to Single Port overnight, it would take over a decade - any player in robotics will have to have both Multi and SP
check the patents b/c what you might find will be interesting.
Wouldn't it be interesting if they not only have the single port but also apply the same technology and make a multi port as well with snake arm technology.
At that point, with a single port and multiport - well the acquisition cost would be extraordinary - considering Auris went for $5.7B and Titan with just SP would rival that, probably double that if they can deliver a multi-port as well.
More validation for Single Port! - Improvement over multi-port, future of robotic surgery - tampa general beat out nicholson center to be the first in Florida -
https://www.tgh.org/news/media-resources/tampa-general-hospital-first-florida-use-new-single-incision-robot
Good to see shorts get a little punch in the nose, they deserve it. It will be interesting to see what the news is. Hoping for more if this to slow the shorters. Questions will be is it enough to worry the shorters about getting caught again w their pants down. Will they be worried that Titan will follow with another pr if they try to ramp up shorting.
Who said anything about a raise?
That would put it at a $30 Million dollar market cap - that is ridiculous. Never going to happen. $60M yes, not $30M
If the term oversold means that there is plenty of time before and after design freeze to buy back in then yes oversold.
And to add to that, even w announcement of design freeze, there will be more then enough time to jump back in. It’s not like the stock w jump overnight on announcement of DF. It will rise but if the stock is trading at $2.50 and they announce DF, one can still purchase sub $3 for at least 24 hrs. It will eventually climb to $6-7 but that will take 4-5 trading days. IMO, no rush to buy now and a little time after DF to buy in. Until then , down we go.
maybe they will name the software partner?
OR FINALLY NAME the WW Global Supplier of end effectors that they partnered with several years ago.
Saw numerous, numerous job postings by JNJ for engineers to build end effectors for a novel surgical robotic platform over the last several years (interesting timing of their hiring - it is almost as if they had signed an agreement to supply end effectors to a noval surgical robotic company)
Maybe they will announce the maker of the camera?
Maybe they will announce the 5 sites doing the human clinical trials that are already in play?
OR maybe they just announce design freeze first (end of april? next week? beginning of may?) and then announce all the partners?
A reprice of options anywhere south of $10.
potentially naming of another partner soon, this week?
for anyone who has been vested in this for 4 years or long (short or long) knows EXACTLY how this stock is going to trade. This “let’s ban together and trade it and slow shorters” is a complete myth. In the words of the famous Denny green “they are who we thought they were”. Everyone and their brother knows how this stock will trade until design freeze. Some biggun just invested $28 MILLION dollars and the stock reacted like we all thought it would. Who in the world thought it was going to go up? Only the clueless thought it would go up. It will keep going down until design freeze, it will get back to roughly $60m MC until DF announcement. Now when that happens..... we’ll that is the $200m MC question. Announcement of another partner this week would help. Maybe the maker of the camera. That is the only thing that could slow the shorters. Maker of the camera would stop decline and help drive the pps up 50-60 cents.
I said shorters will be in complete control until DF and that is happening. You were the one that stated u needed it to get to $2.70 to cover and you were able to work it down to cover. It’s obvious that u want to keep working it down, all this posting about working it up and then working it down appears to be just a smoke screen.
THERE IS NO WAY THAT RETAILERS BANDING TOGETHER WILL STOP THE SHORTERS. The whole “let’s play together and buy then dump “ sounds awfully shady.
Stay in neverland w your boys MJ and MB
Nice job quoting a pedophile in Michael Jackson. Everyone be careful in this sandbox, kinda creepy.
That means it runs to a MC over $90M - not going to happen. This will keep going down to the $60M market cap until design freeze.
All that has happened since the raise is the shorts are in complete control and will be til design freeze.
Design freeze can happen at anytime - could happen next week, could happen June 30.
An investor would probably need About a million dollars in dry powder to slow shorts and that is probably not enough. Well since honey has been so wise and saved all his money it’s time for him to step up and follow his own advice. Hope he has a million dollars to invest bc only design freeze will stop it. It’s BS and naive to think that if retail guys start buying it will slow the shorters. Honey knows it only fuels the fire and gives shorters more to work with.
Want and example, look at what has happened since the raise. The retailers have been buying or scooping up shares (per honeys advice) and the stock is down more than 30%. Don’t be fools and think you can stop the shorters. Hold until design freeze and then buy on that. When they announce design freeze, there will be time to buy, it’s not like the stock will go from $2 to $7 in a day. It will work it’s way back to $7 over a week or so.
I take it that Marty bernholz is your right hand man in the sand box.
His lemonade stand would go broke in 20 mins
You didn’t put that in parentheses- no wAy you are serious. It’s gotta be a joke - no value
Yes I was serious, in order to get regulatory clearance, it would benefit any company to communicate and partner w the fda to get a clear understanding of the pathway and Titan has done that.
Let's be clear, they have communicated and clarified (or some would say partnered with) the FDA on exactly what they need for the regulatory approval process.
This stock will work its way back to the $60M MC it was prior to this recent offering (just divide by the 30M shares outstanding). Then we wait until Design Freeze.
The 2 questions any investor (short or long) wants the answer too are:
1) Will they achieve design freeze in H1 (as publicly stated by Titan)?
2). When will they announce it?
Any long only cares about #1 - Design Freeze is the catalyst - the PPS runs on the news and the subsequent news following
The short only cares about #2 - if they announce unexpectedly and the shorts can't cover - they lose big.
Most would reason that with the repricing of options, DF announcement wouldn't be until after AGM however with the recent PPS drop and manipulation downward, an annoucement of DF prior to AGM with the PPS about $2 - $2.50 would impact the PPS to about $6 or $7 - still a great reprice. An annoucement of DF would certainly guarantee approval votes for the option reprice and probably quickly followed with big PRs.
DF could be announced next week or June 30th - its anyone's guess. As a long, I absolutely believe that they will achieve DF in H1 and after the time I've been invested in this, that can't come soon enough but I can wait until June 30th (after all, whats a couple of more days anyway in the grand scheme of it)
so it seems that off the 100's of posters on this board and the several 100's of readers on this board that ONLY 1 person would vote NO to the options reprice if Titan achieves Design Freeze. Sounds like they will get their approval easily.
Question, if Titan announces design freeze who would not vote to approve the reprice of options?