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Holy mackerel, I was wondering when I should get back into Titan. Thank god for Posilock and his info. I will now liquidate all of my holdings in blue chip stocks, sell my house and have my kids sell their plasma to buy as much Titan as I could. Thank you dear Posilock, I assumed you only shorted this stock. Here you are giving us a nugget based on your “inside information”. My God could 2023 get any better
Robbie, you make a compelling argument. This does seem like it could be doomed. I am cautiously optimistic just out of hope. I have a lot of theories of good and bad. I am hopeful for long term shareholders.
As always thank you for your insightful posts. However, don’t you think that an equity stake by Medtronic into Titan (similar to the Mazor/Medtronic deal) would be more prosperous for shareholders than a straight buyout after Milestone 4?
Are people really taking about the TIXXF warrants on the other board?
TIXXF warrants are a great deal right now
TIXXF warrants are cheap and available. Nice hedge in the upswing of share price
The TIXXF warrants mights be valuable if there is a possible buyout sooner than later. They are dirt cheap right now
If we hear from Patel that would be very uplifting.
There needs to be a a Katalyst to propel this pps to new levels
How many of you actually invest in Titan. I understand that what they released is shit news. But I believe in the technology. So go for it to invest in this penny stock
Time Yours is correct, Surg Tech you should probably pull down the likeness of Dr Patel. I know you meant no harm but it might not be taken that way by him or Florida hospitals. As for what is going on, I have no clue. I could only surmise on what is and will unfold. But that and $1.25 will buy be a cup of coffee
I am very interested in this offering...so we have no debt on the books just diluted pps through shelf offerings. What if this offering was bought up very quickly with a huge raise. And let's say an entity that bought the offering was a JJDC or Google ventures. Then if this is bought out by a Verb surgical it is almost like they are paying themselves. Just a theory to think about. I am not personally worried about it. I think we have to get to a certain milestone and the Kat will be out of the bag.
MD&A coming? Corporate presentation is under revision on website
So does Medtronic but where is their robot? It is not as easy as you think. If it was, Medtronic would have a robot not going on their 11th or 12 try at it according to Fowler
Rocko are you trying to infer that Apple is somehow trying to get into healthcare and now they may do that by Titan?
Why does Titan respect the wishes of their end effector supplier to not announce who they are but screw us shareholders but sitting on their asses not trying to raise pps. Total BS and almost I want to say shenanigans are going on. Maybe class action lawsuits will be in the future for the shareholders
You were saying ethicon has no manufacturing facilities. Here it is again. Before you say there are no manufacturing facilities scroll down a bit you'll find them.
http://www.ethicon.com/corporate/our-commitment/locations
You bring up a interesting theory, what if bringing Sherry Bertner on board to look for an institutional investor to short trade this stock to devalue it(which lets be honest is happening now). And then sell to a private equity firm for a low strike price say around $3.00. Trust me, I don't want this to happen but why is this stock dropping. Someone else brought up about Thompson Financial before on the board. Could they have something to do with this? If we get screwed I would be on board for a class action lawsuit
Question to any surgeons or OR Reps...were the procedures performed by Sport in the the cadaver model technically difficult. Are these procedures usually performed by Davinci with ease?
I think this is great news and hopefully will drive up the PPS
You are the one that comes on this board and pumps your chest how you talked with Randall but have to keep your conversation private since he asked you to. Did you tell him your screen name on the Titan message board as well. How would he know that it is you posting info on the Titan board unless you were the only one that got through to him and he knows your screen name. Now go home and get your shine box.
So let me get this right, you call and get patched in to Randall. I have called before and emailed with no answers just straight to the voicemail and no reply with email.
But He gives you certain info that you can't talk about on the board. Which would be considered secrets. Well sir if this is true, which I doubt But just in case this it is, then I am selling my stake in Titan. Because who is to say a rep from any other competitive company ie Intuitive Surgical call and get their playbook of what they will do. In would signal to me that' management is incompetent. No executive in their right mind would ever do this. That is why I am calling BS on the call or you talking to someone.
If you did and it's no big deal then just tell the board. You can't because you lied about the call. Get off the board
Call me crazy or in the minority, but I agree with Mr. Taco. I think their is a deal in place based on milestone achievement for another med device company to partner with Titan. My feeling is that it is JNJ/Google but could be other companies. I think we will know more when the 5 units are built and tested in humans. Of course this is my opinion. Also to take this a step further, I believe that Titan will be aligned with JNJ/Google but I think they(JNJ/Google) may also buy Transenterix. Look at Ethicon's job postings, looking to hire for robotic surgical technologies. They would own the market from academia to community hospitals where physicians who are set In their ways are resistant to true robotic technology but feel comfortable with Transenterix.
Anybody notice the new corporate presentation is up on SEDAR. After reviewing it, it looks very generic compared to the May 2015 presentation.
Any thoughts why?
For the surgeons on the board, is there concern that going with a single port system requires a larger surgical incision19-25mm which may lead to increased hernia rates? Aren't most MIS incisions 5-9mm? Could Titan circle the wagons with Amadeus and a 3-4 port system with smaller incisions along with having a single port system available. Thanks for any feedback
I agree with you but I don't think this goes until December and scews those warrant holders. If it does, management is totally incompetent and I know myself and others will reconsider our investment in this stock. I think the next few weeks will be interesting. BTW, why did Titan release that patent info on the same day as the JNJ conf call. I guess you could say it was a coincidence, but hasn't there been many coincidences that align up. I really hope those warrant holders dont get screwed but I have a feeling they won't. In John Hargroves words from AGM, more to come about that!
Honey, I disagree...I think this ends with a partnership. If they wanted to sell it would of went earlier and cheaper. I think they announce a partnership and either convert to Warren robotics IPO or keep it as Titan Medical. The news alone of a partnership will drive this share price through all time highs. Then when the hedge fund and mutual fund guys get a hold of it will drive this stock through the roof. At least I hope IMO
Could they hold back in showing the full prototype because it may infringe on some patents that may be expiring from Intuitive Surg by the end of this year? I don't know how patents work. Could they be liable when they have a prototype that will come to market after patent expires but they show a product that infringes on the patent when the other company(ISRG) has it through 2015?
I believe this is good as well attending this meeting. Can anyone explain to me why they don't advertise this piece of info on their website? Why not help your share price? It's almost like they are trying to suppress share price but I cannot figure out why. Wouldn't you want to extra revenue from the warrants being exercised?
I agree with everything you said except the valuation. I used to believe that this sells for 1-3billion. After watching the AGM video I believe management wants and sees a lot more value in Sport than I thought. I have a feeling like others have mentioned that management is asking a lot. What is that number? I wish I knew but if they are anticipating a $20 billion market by 2020 than asking $8-10 billion is not a stretch. Keep in mind what they ask and what they get are different things. Maybe then both parties(seller and buyer) come to terms at 4-5 billion based on a certain milestone achievement. Either way, I will take $40-$50 a share. Long and strong
Question for the board-with the Google/JNJ joint venture do you believe they will come to market with a robot they developed on their own or will they go and aquire an existing robotic platform?
Good find Mr Taco...I do believe we should start hearing more nuggets from the FDA robotic symposium which may help support pps.
Any word from the FDA robotic symposium? Is anyone on the board that attended?
I agree that we should deluge Hargroves, Randall, Reiza Rayman, Fowler and anyone else we can shake the tree with. I am not so sure this stock drop has anything to do with Intuitive. Look at Bernholtz and Baker selling shares. Interesting that after they sold this stock starting dropping like a lead balloon. I used to be in the camp that management was holding something back(like a pre-deal with JNJ/Google) but now I am starting to think these guys are somewhat incompetent or are not getting enough direction on how to navigate a startup robotic company.
Mr. Taco, that is a great point. I think most investors on this board agree that they don't plan on going alone on this but rather probably are set up to get a merger or acquisition with jnj/Google. IMO of course
If Titan does have some sort of agreement with JNJ/Google for a set price probably based on milestone achievement wouldn't this not be in the best interests of shareholders? Don't get me wrong, I will take 10X over my investment but why not shop to the highest bidder? I don't have inside information but rather speculating on all of the points that look like a JNJ/Google and Titan partnership or M/A. Thoughts?
Alright LTG, you got me. I am selling my long position in Titan and investing everything in TRXC. It makes total sense. I mean, here is Titan is is trying to innovate and bring a lower cost advanced robotic system. But here we have TRXC who is trying to capitalize on the 50+ year old surgeons at community hospitals who probably should not be even doing surgery and now they could say they are innovative like those robotic dr.'s at those fancy institutions. Now stop posting nonsense and take out your garbage. It is starting to smell like the shit you spew on this site.
Did anyone see this article on isrg?
http://m.fool.com/investing/general/2015/03/07/did-the-pentagon-just-save-intuitive-surgical
Who are the 35 other bidders vying for robotic surgery needs of the dept of defense
Is that a target sell price of $20? Please elaborate more on this. Thanks for any feedback
This is great news...I believe that we should see a value jump in share price with this piece of news and other milestones hit. Does anyone believe that with this news we should see a new 52 week high in share price within the next week or so?
I don't think they could uplist to Nasdaq or NYSE yet. We need share price over $4 for Nasdaq for a certain period of time. But I could see a possible reverse split to artificially getting to that price of $4 plus. We then could see uplist by mid to late 2015, early 2016. IMO