Titan Medical Inc (TMDIF)

[Honeycomb777]

I have been studying this Aspire deal and here is what I believe (MY OPINION) for any with opposing views.

Aspire is banking on having the shorts "cover" on 9/23 and 9/24 to dump into and take profits from their millions of shares with a $1.24 USD cost basis.

The risk is twofold for Aspire, though:

1) Not sure how they can think this won't happen but what if the professional traders go short and PPS declines bigtime next week ? Who blinks first ? Do shorts cover and scoop profits or does Aspire dump and scoop profits ?? Prolly some of both

2) What if shorts do not cover ? What if they don't provide the "buy volume" for Aspire to sell into ?? I mean - this could be a nothingburger for Titan. Sure more eyes will come to the sector on 9/24 but when they study Titan, they will find more delays, rising costs, and more and more of a cash need.

** This WILL be a very interesting week and it has to happen THIS coming week as 9/24 is a firm date folks. Looking at the short volume ratio - the last 4 trading days are averaging right around 33% so some clearly are betting she goes down from here. That is NOT what HC is somehow "making up" either - it is FACT. (Fintel short interest) GLTA

https://fintel.io/ss/us/tmdi

From Google:

"But what is considered a high short interest ratio as opposed to an average or low one? Definitions vary, but a short interest as a percentage of float above 20% is extremely high"

So, are you telling me the last 4 days of short volume don't mean anything ? Those that may have went short don't know the lay of the land ? Taco, I agree it is not retail at this point. Who blinks first