Titan Medical Inc (TMDIF)

[Bristol19]

If you are correct that Titan will benefit from these announcements indicating MIS robotics is a big market and going to be hotly pursued by some very capable companies, that does not appear to be happening so far. Instead the price drifts down, sometimes on moderate daily volume (for Titan, that is).

If I was an investor thinking about MIS, I assume I'd come up with hits for Titan, read what little is out there and conclude they are far in the lead and a great bet, especially at this price.

However, that does not seem to be happening. I can't explain it except to say that it may indicate a sense of low confidence on such a small and silent company, trading at low valuation on a small foreign exchange. Titan is doing nothing to create some market momentum for themselves in the name of being a player. Apparently, they don't think that is of any usefulness.