Titan Medical Inc (TMDIF)

[RockoTaco]

IMO, i don't see anything that Titan is doing that shows me they are coming to market and plan to sell SPORT themselves. They have strong patent protection (ask a patent attny friend to look at them), their Intellectual Property has value but since it was developed inhouse it does not show up on the balance sheets (my thoughts are the patents are worth minimum $3/Share).

Smart people (Fowler) don't just throw away $113K to make retail investors happy - no one on this board would give another person $100 to thow away. This management team's action is a selling mentality, they are lining up a buyer for Titan (meetings in NY, MedAssets Conf, no PR, etc). I do think it could be J&J but covidien or ISRG or anyone else will not let J&J have it for $14/share. Also, something has to give within the year, 3 years from now is too late and the robotic market will left Titan behind. My opinion, all signs point to them positioning to sell the company within 12 months. Take the $37M, invest it in developing other applications for SPORT and make it more attractive to a buyer.