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Monday, July 15, 2019 11:11:21 AM
So why doesn’t PPS rise? Because Mc can go and present until he is blue in the face and what analyst/firm is going to invest on speculation? They feel we need FDA approval and then invest. They are playing this by the book. That this will be like every other buyout. FDA approval, followed by a sales force put in place and then sales. Sales then lead to the buyout. We saw this in TRXC- most analysts have no clue. All they heard was competitor for ISRG gets approval. Probably had no idea what it even looked like. And the analysts who do understand Sport/Robotics- do you think they go into the boardroom and present TItan as a great investment opp? First question- what are sales numbers- 0. They would be laughed out of the room. Better to present something making 10-15 percent and look like a hero. But I bet the ones who understand own a fair number of shares in their personal account.
No news/ updates IMO is not bad. No need to update if you have a suitor. By the looks of who jumped on board- we are headed in the right direction. Zaring would have never left his position willingly and jumped on a land mine.
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