Titan Medical Inc (TMDIF)

[elMoose]

Magnetics, my last post for today:

Mechanical gadgets are not like software, they need way more development cost, way way longer development times, a lot more marketing. They have one advantage though, the competitors can not develop something on the fly and copy the stuff and run with it like Microsoft did. Tesla with market cap of $50 billion is still bleeding. Even the newer innovative fields in software market now can take years to develop to stop the bleeding. It takes years to tune them for the market.

Medical market desperately needs more precision and automation so this one is in a promising field at least and it looks like it can deliver the quality.

Look at the Boston Dynamic into robotics outside medical field. It took decades to develop a PE less than 40. It was not like that from the onset. It took a lot of capital to get where it is now.

BSX 1994 $0.90
BSX 1998 $21
BSX 2001 $6
BSX 2006 $41
BSX 2011 $3
BSX 2019 $38