Titan Medical Inc (TMDIF)

[66Mustang]

Need news!

Even relatively mundane releases keep a company in somewhat of a spotlight. Look at TRXC... They announced their 100th case for that European Senhance system they sold. And they made it sound good by not pointing out that 100 cases in 8 months is not a viable business model for a hospital (12 per month or 3 per week). Yet they tripled their stock price in the last 5 months, not by being silent about what they are doing, but by presenting unimportant information or even info with negative connotations as being positive. Oh yeah, don't forget "We replied to the FDA's AI (Additional Information) request in less time than anticipated!" Wow, awesome news... which overlooks the fact that their initial submission was incomplete or insufficient, which is why the FDA needs the AI to begin with. For a company that just went through multiple submissions only to get completely shot down in April 2016, one would think they would get their act together and nail things down first pass this time. Nope, they screwed the pooch again, and somehow present it in a positive light in their PR, and get another bump up in PPS. It's all in the spin!

Why can't we do that?