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the people that panicked sold all their shares the last 2 days, nothing left to sell so price went up. also, potential partnership with JnJ/Verb on the horizen.
big volume tomorrow and stock goes up
Is TRXC getting delisted from the exchange?
Actually some people made a lot of money from Titan the last 3 days. The mm continue to work over the weak knee investors.
Only people that lost money are those that sold the last 3 days in a panic
JnJ/Verb - keep an eye out for them to come in a strike a Medtronic/Mazor type partnership - its ideal for both Titan and JnJ
design freeze is Q2 2017
"Les" - are you talking about the lower esophageal sphincter. If u can't spell, you shouldn't be taken seriously for advice. That is rule 18 of investing.
Well I would hope all the retail investors on this board would have enough backbone to hold for $4 when they go private but based on the desperation, $1.50 looks like it would be approved by the majority. Oh well.
Actually I agree thAt they could take it private, my biggest worry right now. Then they sell to jnj and get paid but we won't bc all of these investors will take $4 tomorrow.
A lot of panic on the board, lot of "new long term investors" posting on the board..... Very interesting
So 50% rise in PPS if longtai goes thru?
Funny that none of you have gotten out
And if he hasn't resigned or been removed,what does that tell you?
Maybe something brewing in the background that none of us know about?
very, very interesting point
If the end effectors are JnJ (which they are), once that is released, the stock goes up to at least $4 but when they announce a partnership it doubles to $8 on that news
let's also remind everyone that WallStreetFox's (longtermgems) TRXC is being riddled with lawsuits - it was once $14/share and now trading at $1.30 or so. ALF was recently GIVEN to a hospital that is 3 years old and they trumpeted it like it was a BIG SALE. TRXC lost $80M or so last quarter, they've laid off countless number of employees, they are up to their ears in debt and over their head in developing a robot assisted Laparoscopic machine (failure). They then bought another system that was been approved with CE Mark for 4 years but no one would buy. They've shelved Surgibot, they do not regulatory, can't navigate the FDA (didn't even know that the predicate device they based surgibot off wouldn't be signed off by FDA - at least Titan has FDA approval on a predicate device)......other than that, TRXC's mgmt is great..great at taking money and flushing it down the toilet. TRXC's mgmt is amateur hour - the product is beta tapes.
Actually it was wrong from the start - Ximedica is leading the regulatory process - they are one of the best in the world at it.
Certainly
Craig Leon was bought out (imo by JJDC) and was replaced by Hargrove (imo placed by JnJ). I'm fine with Reiza staying on and also fine with Hargrove (but I will only give him to Dec to implement the last part of the plan).
IITF pretty much laid it out. There are pictures in the link if that will help you.
That could be why the mighty Intuitive Surgical pulled back their single port platform and backed down from a tiny start up named Titan. Intuitive could have easily just released their single port and dealt with any legal filings from Titan. Why would a company like intuitive with Billions in cash back down from Titan (and their limited financial position in a legal fight) and pull their single port? Unless.......
That is an amazing patent - what a huge differentiator from anyone else out there
Maybe they want to invest a bigger stake and have to work thru the details with their own managment? That was my thought when I first read it.
I am glad they don't do fluff pieces like TRXC to build up PPS only to tear it down. The focus is and should be on the product and the regulations and that is what Titan is doing. I'm good with that b/c it is the only way our investment brings in the big return.
Partnership,...hmmmm interesting. I agree a partnership would clear everything up.
It will be JnJ, which will obviously incorporate Verb's software, connectivity, etc. We won't know it is JnJ until the annoucement comes out (much like Medtronic/Mazor). But the reason my position is what it is, is b/c I am confident in the research I've done on Titan, JNJ and most importantly the Surgical Robotics market itself. Based on that research, I was willing to take a risk at this stage (and I have to if I want to get in early enough to make big money). One thing I am certain of: Titan will be acquired by someone - absolutely no signs of going alone on this, NONE. The questions are WHO and WHEN. My belief is the WHO is JnJ and i've narrowed down the WHEN to either Design Freeze or CE Approval.
Interesting note for some on this board: there is a 307 word statement of corporate principles that spell out to whom JnJ's responsibility lies - it is interesting how similar Titan has operated to JnJs
Like the Medtronic/mazor deal. No one knew that was coming.
Its amazing how much of the story can be told by body language and non-verbals. More convinced after seeing the video of a partnership. IMO - JnJ/Verb/Titan
Bc there has to be something to complain about
Blah, blah, blah - ignore, no value
Didn't someone mention jnj possible buying Stryker
Anything else u want to complain about, geez
you can have your guys, I'll take mine.