Titan Medical Inc (TMDIF)

[RockoTaco]

Two takeaways from McNally Presentation:

1. Their system will have Augmented Reality built into it - very few software companies developing that for Robotic Surgery - I know one that is......

2. There are only 2 ways to do SINGLE PORT ROBOTIC SURGERY. Intuitive SP is one and TITAN IS THE OTHER. SINGLE PORT IS THE FUTURE - validated by Intuitives DaVinci SP and expert robotic surgeons desire for next generation. ANY BIGGUN WILL HAVE TO HAVE SINGLE PORT TO COMPETE.....


As a long, I am prevented by wash sales rules to sell my position to take a tax loss and then buy back in within 30 days - can't do it b/c I can't take advantage of the tax loss - not worth it to me for a hundred extra shares (which is unlikely it will even go down that much if at all). Risk to me is loss of potentially $100's of thousands maybe in the millions , IMO don't think it will go down so if I sell now and the PPS goes up I then have LESS shares - not a good or smart move for me to do. I think I will hold onto my shares right now and see what Medtronic has on Sept 24th as well as JNJ on Sept 24th.