Titan Medical Inc (TMDIF)

[DRG1025]

Not necessarily. It depends on someone's cost per share. I'll use myself as an example. I originally bought in at $2.25/share. After November 2014 and the stock plummeted I actually bought more to lower my buy in level at under $1/share. I figured the odds of the PPS getting back to .97/share are much greater than $2.25/share. Also, in case of a fire sale buyout I would have a better chance of recouping some or all of my investment at .97/share compared to $2.25/share. I look at it as a form of an exit strategy.

Investors are disillusioned, desperate & strategically incompetent if still buying Titan shares at this juncture