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Someone has 150,000 shares on the bid this morning at .38, nice to see. 1500 filled so far...
100% agree. We don't want a RS!
I live in Orange County. Which conference? I would like to attend, if possible. Thanks
Nice uptick in volume today... A 50,000 share lot was just purchased at .388
Correct. That bid was filled by MMs. The stock is in wait and see mode right now, as are all of us investors. And MMs are keeping it in a tight range right now.
It's up on Titan's webpage under the investors overview section. But they should send it out in a PR (IMO).
I like his confidence and experience, and he very much knows he has the "opportunity of a lifetime." However, funding needs to be addressed ASAP, which is constantly looming on our minds... Also thankful for the transparency of the updated timelines, even thought they are a bit longer than most of us hoped. However I did figure we were about 24 months away from market. The PPS will likely get hit with the next round of funding, however, the PPS should also increase as we hit our updated milestones / achievements.
Nice! Listening now
Thank you for all of your research and posts. The link has been corrected, if you click on Titan you are now directed to their website. Here's to hoping the non-dilutive funding is about to arrive!
Agree completely. Now it is just a waiting game to see what he can come up with from his current network and future network of funding/investment sources. He has done it before and I know we all hope this happens soon!
Not sure what you are saying....
That would be ideal. Mid-high single digit dollars is what I am hoping for in a buyout scenario. Ideally in the next 18-24 months! Been in since 2011, and that would make the last 6 years more than worth it.
Agreed. Just very thin on the bid with mostly MMs absorbing this selling pressure. No buying at the Ask
All sellers this morning and no buyers. Not sure why... But more sellers will likely jump on this train today as folks get spooked. Perhaps those sitting on gains from the 20s just want to lock in profits. Need more news before this stock heads higher. Too thin of volume to support the bid otherwise. For me, it at least confirms my suspicions/gut that Mac is not going to dilute us any further. Or else he would have in the high 40s recently. I believe our patience is going to be rewarded soon. Hopeful!
Indeed. And I too am sitting tight, patiently awaiting the next PR. Praying for non-dilutive funding.
Same for me. Bounce back from Sachin and James Shore.
I hope not... I think Mac is building his next success story and folks are starting to get wind of it. Possibly new folks as well that are unfamiliar with Titan's history but are betting on Mac's prior successes. Im betting he gets money without diluting us any further. We shall see.
Agreed and I certainly hope so! I watched a 300,000 share lot go threw last Thursday or Friday around .42. I believe big things are brewing and this thing could pop here shortly.
I concur
250k shares on the bid at .39.... Nice!!
I think it is a great sign that even with the current increase in PPS there has not been an equity offering. I believe this is great "silent" news! No one has brought that up yet so I thought I would throw it out there and see what everyone's thoughts on that might be. If they were gonna do another dilutive offering, I would think they would have already announced it when the PPS was around .50, Thoughts? Again, more to my convictions on why we are going to see a new beginning for Titan. Non-dilutive financing is on the way shortly (we hope!!).
Indeed. However, past performance is not always indicative of future success. That goes for our new CEO as well, but I sure do like his resume and success he has had over his career, very recently even. Time will tell, but I like the start of 2017 so far.
I don't think so. I think this stock is very thinly traded and when you get a big upswing in PPS those sitting on a 50+% gain will take it - Traders not investors. And if you notice, the volume that has brought us back down, at least the past few days is very light (especially so far today). I believe buyers/investors are waiting on the next update which we all hope will be securing non-dilutive funding and updates on the timeline to CE/FDA approval. Maybe we get this next week, for a third straight week of updates, or maybe it takes another couple of weeks. All of us investors are on the edge of our seats now that we have built up all of this hope and confidence with our new CEO at the helm. I would like to buy more shares, but I too am approaching this with a wait and see attitude right now about funding specifically. And if they announce and the stock doubles again I will not be unhappy I did not add here and will be happy to add again at the .60 or higher level. It's not like I don't have enough shares already... I never thought I would ever have this many but now I am really excited I do. This is our year!
I would like to see McNally write a letter to shareholders similar to what Barker did back on Nov 8th. This would then update the "What's New?" Section of Titan's website. I'm hopeful he will do this shortly, once he is done getting his team in place and getting the non-dilutive funding we need for commercialization.
Spoke too soon... 300,000 share print at .4166 just now... Interesting.
Nice lil pop up taking out the 98,000 shares on the ask at .41. Bid and ask are super thin... MMs have control right now, but no one is selling, today anyway.
He may have... If an investor timed this well and bought in mid to late 2013 and sold in mid 2014, one would have made a very nice profit. I'm hoping we continue to see the good news stack on top of itself every week or so. Perhaps we see the same kind of appreciation in the stock by the end of this year, if not sooner!
Yep. I think most investors are excited about the recent changes, thus the reason for the recent increase in PPS off the 20 cent lows, but are reluctant to invest further until the financing issue is resolved, and an update on the commercialization of SPORT is provided. But it seems most are content not to sell anymore either. So volume will likely stay muted until the next announcement, which will hopefully be very soon!
Indeed. I'm very hopeful we get those answers very soon.
You pulling the trigger on 250k shares tomorrow? Real change is happening! Good news on funding is next.
I agree. The new CEO is taking the bull by the horns. I love our start to 2017. Could not have been scripted better. Next, hopefully, is non-dilutive financing news.
Nice!!!
Agreed, however I am hoping that is not the case given our new CEOs track record.
Yep. Hopefully very good news coming and off we run again! If so, whoever just bought that 50K share lot at .40 timed it very well.
Agree 100%
I do agree. I think we see another medical device company snatch this up within the next 36-60 months (maybe sooner). I do not want a buyout around a couple bucks like some people on here have alluded to. I would like to see Titan sold in the high single digits at the minimum. We shall see...
I have been debating this with my friend who is also invested. Between the two of us we have just shy of 200K shares. We are both in our mid 30s and hoping he turns Titan into a viable long term profitable company. That is how we make big money. Who knows, if SPORT is a hit like we all believe it will be then Titan could be valued north of $10 in the next decade. With that being said, I'm 70/30 believing he will do what I said in my last post within an approximate 12-24 month timeframe. Each subsequent positive news will bring the PPS higher and higher. Then ultimately he will look to sell the company in a 24-48 month time period for a substantial profit then where we are now. Short answer is my gut feeling is we are bought out shortly after SPORT gets to market and they can show the demand for the product. But what do I know...
Exactly. New CEO is step 1. What we all have been talking about will happen in the coming weeks/months. I have a feeling he is going to hit the ground running and get SPORT funded first without any equity dilution, then design freeze, regulatory approval and sold to market.
The stock is up huge in two days. Traders will take their profits and those that are not patient enough to wait until the next announcement. MMs will also play this stock like always. Buyers have exhausted themselves the past two days. This will be bought again. I cannot imagine we see 20s again, but who knows. Thin volume. 240K shares push it down 11%... Just the name of the game when the MMs have control.
No kidding. Sigh...
100% agree! It has been 3 days... Let's see what our new CEO does in the coming weeks and months. He no doubt has a plan for how to fund this company, get the product to market, NOT do a RS, NOT dilute us into oblivion, BUT make BIG money long term.