Titan Medical Inc (TMDIF)

[longtermgems]

After yesterdays TITXF delay, it really puts TRXC's 6 month delay into perspective. Happy that TRXC was smart and pursuing the multiple surgical indications from the getgo.

Good luck Titan Holders. There seems to be world class management, large institutional investors, professional coverage from six analysts, and a system that actually has 100% tactile feedback, all at a price lower than titans, that you can invest in. I couldn't imagine waiting a full three years from now for the actual product to be launched. That means the company won't be profitable until 2020 time, unless they sell a boatload from day one, but I just don't see that happening.

I hope Titan doesn't change course next year and decide that they should be developing a system that has tactile feedback....That'd be another huge sting. Follow the smart money, TITXF is a retail stock, TRXC is an institutional stock (with ~76% of TRXC owned by insiders and institutions).

TITXF will need to raise more money again also, so dilution is coming. I'd jump out on a pop and diversify to other surgical robot plays.