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After 4 years of seeing ups & down (mainly downs), I can definitely say that since June 2020, McNally has taken the lifeline from Medtronic to save our sinking ship and now the shore is within reach. I don’t see this going any other way then a BO. Medtronic won’t risk letting Titan Medical go to ISRG or the other numerous competitors in the SP robot market. As for now, more patience is required by us longs, Mcnally’s lips are sealed by Medtronic, there is unlikely to be much PR until a BO is announced. All IMO. GLTA.
Very well said. I agree 100% that a buyout is very much likely, that too with MDT at a decent price.
Roll
Once again, thank you for your contributions to this board as your analysis of TMDI has been spot on time after time. I’m going on 4 years with this stock and have seen the ups and downs. Although very frustrating, I do believe that Medtronic won’t let Titan Medical slip away with its valuable patents and spectacular SP design. That’s the only way I see Medtronic giving Intuitive a run for its money. A little more patience is required, I see a hefty reward in the end. IMO, Titan Medical will ultimately get bought by Medtronic. GLTA.
We should close over 2 today and hopefully over 3 by next week!
Good things come to those who wait. Longs will have their day. A buyout can happen all of a sudden without warning. GLTA.
CEO McNally has bought 600,000 shares of TMDI on February 24.
Insider buying is good news! GLTA
Thanks for your insight Roll.
GLTA
I agree that there are 2 scenarios and that most likely Medtronic will buyout Titan Medical at a mutually agreed upon price. I don’t see Medtronic letting Titan Medical slip by and letting the competition gain the upper hand at a BO. However we must be prepared for the possibility of Titan Medical going the other route and licensing their valuable IP. To me the second route is less desirable but we are still in a much better place than before June, 2020 when Medtronic wasn’t even in the picture. GLTA.
Gonna have to wait till Tuesday to scoop up some more shares. GLTA
Just love this. Go longs!
True but $30-$40 ps is very realistic with a buyout IMO. Go longs.
Well said. I am looking forward to at least a $3-4 billion buyout.
Bought some shares at 2.61
Going long & strong!
You are right than Medtronic usually buys out companies that it has relationships with, however, the buyout usually happens after FDA approval. Maybe Medtronic wants Titan to jump through all the hoops before a BO happens. JMHO. GLTA
Medtronic has deep pockets and may wait till after FDA approval before a buy out takes place. It is only a matter of time before the longs hit pay dirt and reap the rewards of their patience & dedication to this stock. It has been a long road but I do see bright lights at the end of the tunnel and they are getting brighter & brighter! GLTA
2.94
Let’s break 3!!
Susan prayers for your husband that he should pull through this????
Thank you for all your insight. GLTA.
I certainly hope so. I would love to scoop more shares and reduce my PPS!
Got an email today to cast my vote. I voted NO on everything. Our voices need to be heard. Please VOTE if you haven’t done so.
I agree 100%
The fact that Medtronic has an agreement since June with TMDI is certainly a positive for this long, in my opinion after several years of waiting. Yes, it is frustrating at the lack of transparency, that’s why it is easy to bash this stock. I am heavily invested with this company, and like many LONGS, have to wait and see if I can recup my investment and pray that the milestones get achieved and a BO happens. Yes it is a speculative stock but I do believe that patience may pay off in the long run. I am holding for now. GLTA.
That would make us longs
very, very happy!
I bought a lot more shares at market opening yesterday, was able to reduce my PPS significantly. Now heavily invested in Titan Medical, I hope this pans out for all longs like me. I understand the frustration with the lack of news from McNally, even he is testing my patience. But I guess is that MDT has his lips sealed. After the partnership agreement in June, I do see the light at the end of the tunnel. Just got to believe....
GLTA
True dat.
Titan Medical WILL be acquired by Medtronic. It is just a matter of time. GLTA.
We cannot lose either way, whether Titan goes the licensing route or we get a BO. Of course a BO would be best...
Smart idea. Before MDT was in the picture my cost average was 5.83
I bought many shares these past 2 months to bring it down to 1.5
After waiting for 2 years for some significant development, that happened in June with Titan’s agreement with Medtronic. Since that time, I have acquired a lot shares and brought my cost average down to 1.5
It is only a matter of time before a BO happens. Buy more shares and wait till payday!
It doesn’t matter who bought those 18 million shares. What matters is that some one or some entity sees value in Titan. That’s all that matters.
I am very optimistic about TMDI. It will be an early retirement for me when this pays off. Good luck to everyone.
I’m now at 200k after 2 years. Can’t wait till payday!