Titan Medical Inc (TMDIF)

[BigT82]

I’ve added in Feb at $3.02, 3.53, $3.75 and $4, but you’ve got to do what’s best for you. I’m confident where the stock is headed long term, and while I always like to get the “best” price I can, I’ve never tried to time TMDI. I don’t trade it for nickel and dime profits, but rather acquire shares when I’ve got available funds to sit on and hold these shares until I hand them over to the acquiring firm.

Currently, it appears we have solid support at $3.50 and serious resistance around $4.50-$4.65. If we break either of those, then we could see $3 again, or $6. I’m betting on the move higher, even knowing there is a possibility of a near term financing. Too much good stuff coming soon to worry about a little more dilution, plus I’m of the opinion we get very positive financing news, such as a private placement, with no pre-announcement of a “shelf-offering” that has hammered the stock in the past, and with NO warrants attached. We shall see...

Design Freeze will occur in the next 4 months, end of June at the latest. This is a significant milestone and should be a huge catalyst for the stock.

Giddy up!