Titan Medical Inc (TMDIF)

[Element41]

Over 500,000 shares traded stateside in first hour of trading! FYI, the company only has 21,5 million shares outstanding. Those private non-tradable warrants from last financing are in the money and depending on "WHO" owns them, strategic, they want to see this tight float momentum remain just as much as anyone. They are not stupid to comprimise that $100/share target to allow extra new paper floating around. The timeline when the last financing was done was crystal clear, so they probably developed a strategy including the RS and non-tradable warrants (for a change) to maximise complete leverage. A surprise press release announcing that some or all have been exercised would remove doubts of having to go back to the market now, or if ever, for more money.