Titan Medical Inc (TMDIF)

[Retireyoung2]

The support line for TITXF should be around $0.33 taking into account the price of $0.25 on Oct 13th and the price of $0.30 on Dec 20th. Draw a line between the averages on both these dates and that’s were it should be. If it fails to stay at that upper support line it should stay between $0.26 and $0.30 which is the second support line. With regards to the reverse split I see this as a very positive thing if and when this occurs which should immediate start boosting the stock price. If you are looking at historical data on historical reverse splits to decide when to step in, I would say this. With many failing companies, a reverse split is usually a last ditch effort to maintain a decent stock price. In the case of TITXF a reverse split will bring the PPS into a range where big investors can start to buy. So this would be “Huge”.