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So far today, 1% of outstanding shares just transferred to stronger hands. The true float is getting smaller and smaller all the time. Every day this happens the next news cycles will spring stronger farther and higher than before. And there is lots of news coming! It is odd to not be bummed about a down day... but it is understood with the rapid rise lately and the players out to play. The real direction is up based on facts, and like many have said... great buying opportunity!
I have funds not ready until tomorrow... Hoping for a big push here, but personally ok if it waits for tomorrow!!! GLTA
So glad to have found this and the applications just are endless! My daughter is wanting an account so she can give awesome presentations at school! One student sees this and then every student wants a fancy presentation! The amount of potential subscribers and contracts are limitless... Revenue of 100's of millions per year and growing past a Billion are possible. The Market Cap is only 75Million now... SO ridiculously undervalued for what the fast potential is. Hard to believe, but the numbers don't lie. Wow...
Agreed! Good to see you on this board. The market cap here looks completely within reason despite the recent 500% rise. In fact looking at the numbers the potential for growth is very significant. I would love to know the numbers behind the Oracle deal... The recent video from the CEO looks encouraging and it is clearly nice to have a CEO who is appreciative and involved in investor relations. Totally different than prior experience with the other company that we both have history with. I’m taking a position here to diversify and hopefully recoup the loss that seems persistent there. It is difficult to come in after such a rise, and I really wish I knew about this a month ago, but the support for significant growth is promising. Backed by great DD and transparency. Not in our field, but easy to understand the impact. Good luck!
Good points redspeed. Thanks to you, Cuin and others on feedback. Looking at all the info and watching the videos from the CEO, I am impressed here. This truly looks like an opportunity. Amazingly connected ceo, very informative Ihub board and numbers that look realistically huge! GLTA
New to the board... thanks to CUIN. After researching, and showing this to a good friend at SAP, I am wondering what is exactly proprietary with FUSZ? He thought the video was cool, but has seen it before and feels it is something SAP could do on their own in a heart beat...even if it has to be slightly different. BUT if something here is proprietary that makes that impossible.... I like it. Coincidentally, SAP is going through a major dissolution of their sales force....I would just like to know before jumping in big... Thanks and sorry if it sounds negative, I just want to be smart about things and I am not familiar with this area of tech...
I think the frustration is the fact that like before there was a lot of hype on a specific projected time line, and lots of "ahead of schedule/fully funded/more amazing than we thought based on feedback" banter. Only to have a change in timeline, significant cost increase prediction, and "new" negative feedback. Call it manipulation or lack of insight or BS... But to grant another "this is normal production of a medical device product" "Understanding the obvious needs" and "Mc is awesome" is overstated IMO. WHEN CAN WE TRUST THAT IT IS TRULY READY? THAT IT IS TRULY AWESOME? THAT WE ARE TRULY FULLY FUNDED? When I say those words in my daily life, I mean them.... they do not come with an asterisk only to be displayed when I fail! It is ok to be upset and if you are not, good on you... but being upset is VERY justified IMO
What about what SPORT19's November quote dispute looks clouded? The entire commentary by Mcnalley is off. And that doesn't even include the now extra 20 million needed! Everyone might have some clouded/fatigue judgement, but you can not deny that Mc's words were off and made to believe always that we were ahead of schedule with something greater than we all first thought. That makes an investor buy more! Those words from the top man.... ALL to have it step back a couple of months later??? I am not weak and have been here for a long time, but I am disappointed and quit frankly pissed. How many times can you say, "IN THREE MONTHS WE WONT BE ATTHIS PPS!" No we never are!! WE ARE AT HALF OF THAT!
Verb?? I don't know. We are partnering or we are getting beat up by a competitor that is on the same mission as we are, but has a HUUGE partner that we do not. 50/50...
THERE IS NO FRICKIN REASON Mc can't say, sorry boys.... delay because we are doing this with this company and we are going to rock the robot world! UNLESS.... IT IS NOT TRUE. OR is it??? 50/50. But certainly not a clouded opinion to be pissed about! NO ONE KNOWS JACK. We are at .25 for failed planning and lack of clarity.
I agree with your questions to the board and analysis. Spot on. The BS ran thick and again as an INVESTOR we are screwed with inaccurate information and innuendos! An investment is only as good as the information you can dig up and we were tossed a ROSY picture by management themselves. This was the Umpteenth time I have listened and as a result jumped in deep. ONLY TO BE SCREWED! The product I am sure is great and will be out at some time in the future... BUT the chances just got reduced that the investment impact will be in our favor. Between competition and ISRG, the impact of SPORT is becoming smaller. We are all investors here, not cheerleaders. Titan just lost my trust with this move... I see no reason for PPS to rise in the next several months. OF COURSE, if truly careless as before, we are not privy to news that will surprise. This has become a pump by management scheme.... They are concerned with their money and not ours. An investment should be a risk but a calculated risk.... not a F'n roulette wheel!
Valentine’s Day massacre. It is hard to believe that this new management and all the progress has fallen to the same as the last. All the videos...showing perfect execution. All the “ I can’t believe this opportunity!” Banter.... just to again reconfigure and delay and destroy. Lies followed by BS followed by a determined execution. Criminal
I would say if there is a year delay on a device that currently is the only one in the world to do SP prostatectomies successfully, and we lose our money in the process, there is going to be some management tracked down with scope and red dot laser devices! There is a lot of money here... and if management were to do something so foolish, they would have to know that is like high crimes and they will have to look all four ways with every move they make!!! Maybe Mc should clarify this "delay" before heads get hot with casual assumptions!
After taking time to digest this and after worrying like mad about the potential dip yesterday only to see things even out, I am struck with the fact that this doesn't make a lot of sense... To say we need updates that will delay us at the same time someone just performed a single site prostatectomy??? It is great!/back to the drawing board. Seriously WTF? I've been in this forever. Sold and bought back and now have my largest number of shares ever. I just can't help but think that the "delay" is because of a third party that we are not privy to the info... Whether VERB or some other partnership that is taking longer than anticipated to put together. But must be worth it... The camera thing?? C'mon, SO many surgeons have looked at this, and all of the sudden, it needs to be changed?? IF THIS THING can perform a SS Prostatectomy, AND no other company has been able to do this, then get this MFer out there. SPORT2 can come out after the initial "limited" launch. Is this delay worth it? Is it real? Are the reasons we are being told real? I will keep cost averaging with hopes that it is all for a big surprise. But I think it all odd. It's this or working until...... And I have too much of a history of folding my cards on investments only to have them shoot up literally right after!!! I am not going to miss this boat.. whenever it takes off..I've got my ticket
At $15 I will pay for everyone's! A big T... But I don't think I will get one... Maybe everyone should come up with something they named after Titan or Sport. Like my sailboat... SPORT. Yes, I would name her SPORT and you can all come aboard in your swimsuits showing off your Titan Tattoos. I imagine the marina parking lot would be pretty nice!
THEY WOULD NOT PUT THESE VIDEOS UP IF THE CONFERENCE CALL NEXT WEEK WAS NEGATIVE!! YES... GIDYUPPP!!! And good movement shown on those videos. The maneuverability is impressive! SO glad to have reinvested here. Confident and strong.
The chances are very very good.. I am buying every two weeks into my 401k until the end of the year. There are investors and traders.. Cost average buying until I see a good reason not to. I have heard nothing but great feedback from press and personal surgeons that have direct connections at Columbia. SPORT is the real deal.
The other phrase I think I dislike and is unnecessary is the timeline phrase of FDA approval in 2019 with commercialization and “limited” release. Why say that? Oh well. It is hard to figure if words are meant to be cautious or purposeful...
Less than two weeks ago the Nichelson Center tweeted and facebooked the positive progress and work with Titan. McNally stated things are moving quickly and it looks promising to reach commercialization in 2019. Why so negative hear??? Titan did not PR those things, the Nichelson Center did. I agree the press release today was dull and without excitement, but you have to remember they are supposed to just deliver the facts and not cheerlead with Pom poms. The FDA does not like that behavior. I think they wanted to complete a full set of data to present. Things we know are criticism of the camera size and the need to complete the integrated software. I don’t think two weeks later we are looking at a 180. Or some crazy need for fast cash. It is an update. We want news... we beg for it... they are going to give us some news and I don’t understand why people are acting unhappy.... this stock and it’s investors are very hard to predict
Just look at glg20's last post... TRXC had a 6 month 1000% rise leading up to FDA submission. If we were to do the same we would be sitting at $4 PPS in 6-9 months! And that was with a CRAPPY robot!! That is a reason to forget the day to day lateral moves... THIS IS the year. I know we have been side lined before with major changes and delays, but put the evidence in front of you... WE HAVE 3 SPORTS in 3 different Centers of Excellence and they are working prototypes. Actually doing surgical procedures by busy world class clinical physicians! We are a long ways from Amadeus and one procedure FDA submissions... We are with a product in SPORT that is working out the final TWEEKS, for single port, multi-procedure FDA submission. Reviews that are amazing by RENOWNED leaders in their fields. TITXF is SOOOOO way above TRXC potential from a tech support point of view and I am sure I am speaking for all of us when I say, I WOULD BE HAPPY TO BE AT PPS $4 in OCT/NOV 2018!!! And for the MC comparison, we need to only look at current OS and a value of 800Million (where trxc was at peak approx)...Conservatively putting us at a PPS $2 by years end. HANG IN THERE gotitan! This IS THE YEAR!!!
I think since there was an unexpected drop from the last offering that there was an understood sell off for tax loss purposes. Since there is a 30 day hold on buying to ensure your loss and to use that loss against future gains, I think management is holding off on PRs to allow for the no loss buy backs. I predict at the end of this month we get hit with all the juicy good news we need to drive PPS. A GIFT by management for those that wanted to take advantage of the current PPS. I wish I would have done it! But always too nervous to sell and miss the catapult..... because I know it’s coming. The timing is the gamble. Look at BLOZF or BTHCF as examples of how PPS can explode when there is JUST anticipation. 700% in a couple weeks! I think the built up expectation is similar here and just waiting for the right time.
Funny. Yes I saw at the start of the program the huuuuuge banner on the side of the hospital. It looked sooo much like Titan and even the Titian T! I was wtf! And was looking for it again during the show. Horribly inaccurate medical show, but yes the coincidence in Titian was interesting!! I was hoping they weren’t going to show the chief of surgery kill somebody with it!!!
I've been there many of times and have decided that the conditions are as random and unpredictable as TITXF PPS!! Never got pulled from behind the break, up and over and body slammed before. So I learned... Now that the hurt is done, I will look forward to good times.... as I do here!
Just broke my clavicle on Sandy beach on Oahu Christmas day! Love it there... although not so much that beach anymore!!
Small world Ale1123. I'm an anesthesiologist with SAA mostly at St Joseph's. Any chance we know each other! LOL. Tucson's not that big of a town
Nice! I'm down in Tucson. Weather is a bit more tolerable than Scottsdale in the summer. No more spring training here though. Lots of good golf and bigger mountains. Hopefully we will be going strong here for your March trip!
OR Sunny AZ. 70's and sunny! I have a feeling there will be a lot of AZ transplants next year. COLD everywhere else and fires in Cali! Nice AZ sun here.... golf, biking, canyon hiking, outdoor pools year round! And a SPORT in every hospital by 2020!!
I agree!! I was down there last New Years! Spent the the Eve in Tulum along the beach. Awesome New Years atmosphere! Stayed in Akumal. Beautiful. SO MUCH to do! Happy New Year! Here's to a prosperous 2018 here at Titan!!
Merry Christmas!!!
Hmmmm... Don't know about that Janko. All theories are on the table, but I am not even sure what you would be referring to. I talk a lot to the ISRG rep and have a good feel for what is on the play book. Well, as much as he knows anyway. Soft tissue memory or pics for future use are not even close to development in assisted robotic surgery... If you have reference to anything or hear of future tech in this space, it is good to bring up, but we are safe from competitive point of view. BUT there will be competition.... I think that is a good thing
I have talked to ISRG reps and they have said that the delay is trying to figure a better price point... Because they do not know what SPORT ("the only other SS competitor...and a serious one") price point will exactly be, they are holding off... They have plenty of things to release and will probably release their SS tech a few months before SPORT. A competitive play... I think they are very aware that their SS is not as flexible..
THIS day is pretty odd. More good news and PPS is a dud
I agree SPORT19, and especially have a hard time digesting the truth in the last four lines... Very odd and it seems every explanation is a bit of a reach. All in though... and will buy more with my end of the year distribution next week. Then I will be at that magic round number that makes my account value so easy to calculate from the PPS. HH, Merry Christmas, and Happy New Year to you and I hope 18 is a Grand$ one for us all!
Yes, of course you can do it... but in your example you had to spend 3500 and have a PPS cost of 35 for your 100 shares. So at 32 you are in the hole from the get go. Why would you do that? Only if you really thought the PPS was going down and you got caught with it going the wrong direction. Your future tax gain will be on PPS 32 and when you break even, you actually are not, because you will be taxed on the 3 that you "earned". The risk is just that, risk.... No one can know if you wait 30 days if the loss that you took will compensate for the potential loss of buying power. You make get lucky and buy in at the same price, but remember, you also will pay the heftier capital gains on the bigger earnings. I personally think tax loss selling is risking a 3 way math loss and should only be done if you are in a world of hurt on your tax bill come April and you need any break you can get... but if that is the case, you shouldn't be buying these stocks in the first place. If it is too offset a big win, then you are only delaying it another year... you will pay on your big win at some point... Best predictable factor is to cost average down if you have the funds, and are willing to "bet" on the success of your investment.
Or you can go to Vegas now instead of later and put it all on black... Good luck!
Wouldn't that be some good stuff BKT! The financing is in place... it really comes down to SPORT performing to the satisfaction of the surgeons that will use it. The initial reviews are looking gooooood so far! I'm guessing you will be a millionaire!
Especially like the following commentary.
David McNally: Yes, it is. And I can say, James, in my 30-year tenure in the medical device industry, I’ve never seen an opportunity of this magnitude. With a multi-billion-dollar robotic surgical market standing right before us, and an opportunity for Titan Medical to have a unique position in that market, I feel like the table is set for a remarkable opportunity.
The last paragraph did not stand out near as this one! I sure hope he is right on the above comment!
With the commentary on the 50M needed for putting systems in surgeons hands in this country and Europe, tells me they are preparing at least for the appearance of going it alone... I don't care either way, as long as we are valued in a current valued market, fairly.... 2019 I can not imagine less than 5 Billion. 10% of current ISRG. But maybe up to 8 Billion. 16%.
In one year we will have a clear idea.... Life changing for a lot of people at those values
Just don’t get it. Great news and down again. Days like this are making me really wonder what the hell is going on. I think with this drop a word from Mcnalley would be wise to make sure investors aren’t spooked This whole shaken out the weak hands is not a good theory to me. Also grossly unfair. This is real money we have invested here. To assume it is Monopoly money or only money you can lose is just rude. Not one person I know thinks of their money as something they don’t mind losing.
Being a physician, I have generally liked predictability. Go to school for so many years and expect a rate of return based on your time/effort. Most of TITXF that I have is in my 401k. I HAVE NEVER felt so bipolar in my ideas of retiring! I go from “wow this is such an opportunity that I will retire in a few years with a sailboat and a vacation house” to “I’m going to #€£%* work until I’m 70 and hope to pay off the house I’m in.... move in to the trailer park! Lots of camping in the future...” I’m just not liking this continued down trend. In fact it’s kind of pissing me off. Seems so unnecessary
Agreed.... I had spoken to Hargrove DIRECTLY on a couple of occasions. His positivity and assurance without getting toooo specific is what gave me confidence to invest big. When he told me directly that they were fully funded to FDA 3 years, I believed him. We again saw it at the annual mtg.... FULLY FUNDED. That BS "truth" from the horses mouth cost me a lot of money. Once before, I was related by marriage to the CFO assistant of Whole Foods. Very delicately told me "BUY!!!! Insiders are pumped with the new CEO plans" I did.... bad result. Lost money there too... To attack each other on here, especially ones that have been straight shooting, is not productive. I doubt Flende has a direct daily line. Decisions change and too much assurance is called insider trading... We should all be suspect to info to some degree no matter who because they may not know that they are wrong. Of course the true trolls can be beaten up in any way possible!
The problem is that when they do announce it, the PPS rise will only get to half of what it came down from! They surly should have some ammunition to keep it from falling so far. I bought a big 80K chunk at .4 and so did some family and friends and this is where we sit! It is BS! Although I am confident in the ultimate outcome, I SURE THE HELL WOULD HAVE LIKED TO USE MY MONEY NOW instead of 2 weeks ago!! I could have bought over 100K! THIS PRICE FLUCTUATION is exactly what attracts MMs and traders.... Chicken or the egg??
Added more this morning... Wish I could do more than I did. Can't believe this price
I think you are right on this one HC. OR ATLEAST it must be a possibility. It would be pocket change for anybody to try to delay the year with financing issues. Why not Belizeme? Which makes the last raise a great defensive move! Taking out that as a possibility is worth the dilution IMO. I agree also about the final count on SO. But it truly all comes down to worth of the company in the end. “Our” PPS in the end will depend on both but to even get there the dilution/raises had to happen given the environment and yes the prior mgt screw ups!
Of course I finally got comfortable enough to start talking this up to family and friends, only to see this downward trend! Blasted! I think some good news better come out soon or my faith will once again be tested. I’m VERY confident and have a lot invested here, so I constantly question my (and others) giddiness.