Titan Medical Inc (TMDIF)

[saveferris]

Hi all, bad day to introduce myself, but long time lurker, anesthesia provider here. Spilled methylene blue on one of our Si's -- hasn't come off yet.

From a strictly technical standpoint, the SP was high w/o news. Even after today's fall, RSI still hangs above 30. So it is a hold for me as I still see Titan as a monopoly buster. Any economics professor will tell you something like an ISRG has peaked. Their legal and labor overhead is too high to offer something reasonably less expensive than their current model line. With reimbursements as they are, outpatient clinics need a mobile unit that doesn't break the bank. This is where Titan slips in to take a portion of that market share.

Long and strong (and sees <$1.70 as an easy technical buying opportunity). Don't let the ISRG trolls run this board. They'll be fortunate to see 520 (omg 20% return) in this overpriced biotech/tech bubble. Titan, on the other hand, offers sustainability, and will weather any sort of bubble as more ISRG shareholders leave to find a new home here.