Titan Medical Inc (TMDIF)

[Geo2014]

If they decide to do it because they couldnt get pps up organically, then it looks like they are doing it out of desperation (which is what someone recently said is the reason a RS is done). Strategically it is best to do it at a time when news is solid and consistent. It all comes down to whether or not you think the company's stock price can fare well with so much dilution. For those that want to see this thing go well into to triple digit pps, and/or a buyout at a respectable pps, the OSs will need to be reduced at some point. IMO