Titan Medical Inc (TMDIF)

[RockoTaco]

As you mention, Wash Sale rules effect those with losses so if the longs sell now (and at a loss), they will need to wait the required 30 days before they can buy back in. Why sell if one can't take the tax loss....well they can take the tax loss but will have to wait until Oct 22 to buy back in. If they buy back in prior to those 30 days, their cost average will go up.

Medtronic is showing their hand (or part of it) on Sept 24 - (10 trading days away). Q4 is 15 trading days away and in Q4 Titan will have IDE Submittal, IDE Approval, human clinical trials, partner reveals and rebranding.

Lot of risk to take on from couple of hundred bucks in tax savings vs hundreds of thousands or millions of dollars in return.