Titan Medical Inc (TMDIF)

[pointofreturn]

Hi everyone,

What a nice day of trading to end the month and the quarter. We should all be happy as a general rule.

Beverly is gone (yeahhh). Sherry is in (yahoo!!!!!!!!!!!!!!!)

We traded very well today until the last 20 minutes or so of trading when Dundee sparked the sell-off with what appears to be a market order for 50,000 shares. Right after that a whole lot of other selling followed.

I am certain what you saw today was all sorts of portfolio managers locking in their profits for both the month end but most importantly the quarter end. Their attitude is who cares about an extra $0.10 when their bonuses are bases on net performance. This end of day giving back $0.10 to $0.14 is no big deal for us long-term holders – in fact it’s perfectly fine as now those shares are out of the way and beginning tomorrow (or Wednesday for us Canadians – due to Canada Day tomorrow) it appears to be clear and smooth sailing.

Happy Canada Day to my fellow Canadians.

Great things still on the horizon.

(FYI, Theralase had a good day today as well)

Long and strong.