Titan Medical Inc (TMDIF)

[Element41]

If he sold his entire position and used 10% or less of the proceeds to buy the warrants, he would end up with the same leverage, lots of time and still have around $432K working elsewhere, clear of any rinse & repeat dilution. Many want exposure to a surprise announcement but don't want to expose too much capital to risk. Warrants are not for eveyone, but those that understand them could be a very practical vehicle.