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Not to get to far ahead of ourselves, but I’m thinking an all stock buyout would be preferable to an all cash buyout. Some of us could have some serious capital gains tax consequences if we are holding Titan shares outside an IRA account. Best place to tax shelter would be a Roth IRA where there is no capital gains taxes and no income tax on any distributions. One more thing to consider is state income taxes on capital gains. Unless you live in one the handful of states that have no income taxes, you might not be happy camper with a cash buyout. One more thing to consider, the new president will push to treat capital gains as regular income.
Anyone else considering any of this?
If there is a buyout, I would vote for all stock instead of cash.
New press release this morning
Titan Medical Issues Corporate Update
Yepper, I seen that large order in the last minute of today’s daily trading. If they really wanted out, they should of sold off smaller blocks of stock during each rally during the day.
Titan did hold up fairly well today considering the declines in QQQ and SPY.
Bought a tad under 7000 shares just past noon today at $1.76
Should of waited a little later in the day for a better price.
The whole market has been correcting since the highs last month. Just a good time to accumulate more shares of Titan at a better price.
IMO the BO won’t occur for another two years and Titan’s share price will swing between $1 and $4 in the meantime.
My first investment in Titan was in 2017. Been hanging on like most of you ever since.
Nice move up in tonight’s after market
Roll, I was watching TMDI drop to $1.80 earlier this week in the 4 AM to 7 AM time period. I tried to buy more shares during this time frame, but TD Ameritrade trading hours are only from 7 AM to 8 PM and any GTC orders are ignored outside those hours. Are these just machines trading on their own during the early hours taking up positions? I’m in it for the long haul, so I wasn’t to concerned about the late night pullback. Another observation I have is during the daytime trading hours while watching level II trades, when the share price moves up or down just 1 cent, there is often multiple trades of just 100 or 200 shares and the occasional odd lot of say 578 shares. In your opinion, are those multiple 100 share blocks because of machine trading?
BabyUee
Roll, I agree with your assessment that Titans stock price is highly correlated with SPY. Unless there is a news release of significance, TMDI pretty well moves in tandem with SPY. It’s been very helpful in signaling buy points for me. I bought my first batch of shares back in August 2017 @ .11 cents a share and have added more shares since then. I admit I wasn’t sure a year ago when Titan suspended development due to a lack of funding, Titan was going to make a come back. But today, the funding is more than adequate until late 2022 and the share price has recovered nicely. I believe this recent pullback to the low 2s is a gift for those with patience.
That healthy sized bid at $3.08 is similar to the one yesterday at $2.85 Might be the same bidder moving up his support.
Just another ugly day in Titanville :(
Switch to TD Ameritrade. They currently don’t have any restrictions on buying/selling ALYI shares
You know the problem with tomorrow is? It never comes because it’s always the next day :(
Unusual trading activity. There’s been no trades during the past 30 minutes! Is there a trading halt for pending news?
Nice to see institutional money getting invested in Titan. Even though It’s a small position so far, more incremental buys are likely to be added.
It would be terrific if SPORT used its arm to ring the bell!
Wow, anyone notice the explosive up move in TRXC on 25 Million+ shares traded today? Looks like a buyout might be announced soon. Someday, Titan will experience the same once we get FDA approval
Still no trades since 9:34 am. Must be halted for pending news
Is there a trading halt? No new trades in last 10 minutes
Sounds about right. There was a large upward movement in September right before a major news release. Can’t prove anything, but it does seem suspicious
Today or Monday I expect news from Columbia followed by third quarter results Tuesday after the close
I would like to thank the Short sellers that pushing Titan stock down to $0.10 as it allowed me the opportunity to buy my first 9000 shares at giveaway prices in August. Been buying more on ever dip!
6 Days so far. Heavier volume on up days indicted accumulation which is very bullish for the short term