Titan Medical Inc (TMDIF)

[elMoose]

This type of stock has a market value is not function of dilution at this point because it has no income but rather the prospect of profitability in future. So the funding that it needs to go through approvals is baked into the current stock value. The stock owners have paid to develop this product and it is the bet they made. Those who were too early made the wrong bet. But I don't believe anybody who still owns this stock is too early anymore.

As the time is ticking to product release, the market value for it will go up. FDA approval will make it go up astronomically because the FDA approval is not guaranteed but the value will go up for the bet before the approval because of the favorable factors .

The competition and those who are working to acquire it and some traders who are trying to control the movement of the stock for their own gain may knock it. Some who who are knocking it could very well be employees of competing products as well.


Before the design was frozen. The was no guarantee that it will make it FDA approval but it is now so it has a higher bet value.