Titan Medical Inc (TMDIF)

[Bristol19]

In my opinion, yes.

Only each announcement of positive progress will move this pps up for a small amount and a short time. Any long delay in hearing news, or delay seeing SPORT demonstrated at conventions, video releases, etc., will see the price decay again.

Titan Medical still exists as a relative unknown, and is increasingly relegated to the fringe with every big pronouncement by the Verb project, or even anything new by ISRG, or for that matter any of the up-and-coming surgical robotics companies making announcements.

Titan as a brand was absolutely poisoned by the previous management under Hargrove and continued inactivity by Rayman.

Announcement of design freeze, submission for regulatory approval, large dollar financing, or partnership are the only significant movers for pps foreseeable right now.