Titan Medical Inc (TMDIF)

[QuidWilson]

There's a Hedging stategy where a firm buys a PIPE on the cheap and agrees not to sell until a given point (a year is common) and simultaneously shorts the current market shares locking in the variance. It's smart - No matter where the price goes in that year they've locked in that profit (unless price goes way out of range and causes margin call for short positions - not expected, though). Since aspire capital states they are long only, we know they are not playing the stock and belive it will appreciate. Yipee! Good things happening in light of the recent delay. The more long only PIPEs we can use to fund without dilution the better...well played mgmt!