Titan Medical Inc (TMDIF)

[66Mustang]

I understand why design freeze should drive the price higher; I hope that is true when it happens but this stock does have a propensity to ignore good news or react contrarily.

There has long been speculation that the announcement of end effector supplier would also drive our price up. I never understood the logic there. Someone will supply out end effectors. I'm not sure why the supplier's identity would drive our market cap anywhere. For the supplier, it should be a nice motivator for their shares to climb on - we anticipate reasonable market penetration with our game-changing technology over the next few years; the supplier should see comparable growth based on our utilization of their end effectors - even more spo because once we sell a system, they supply end effectors regularly for the life of that robotic system. The supplier's stock price should rise because each robot represents a future revenue stream.

I am failing to understand why this announcement would drive us higher as well.



Message in reply to:

There is always shorting going on - only thing to really put a wrench in shorters playbook is to have positive developments/news but in an unpredictable pattern.

This stock has gone up quite a bit for 2 straight days on pure speculation (no news just a rumor of one potentially coming) - now based on movement it could be positive news. If something positive comes out this week(can't imagine it will be the WW Global Supplier of End Effectors - one can only hope), maybe followed up with another positive bit of news next week then more uncertainty has been created for shorters. Then it creeps in that Design Freeze could come at any minute so they could be caught with pants down. It is just over a month until AGM - IF NEWS comes out this week, it will be very interesting to see what it is. The good news is that every day closer to design freeze means the value goes up every day. Upon Design Freeze value of Titan goes way up.