Titan Medical Inc (TMDIF)

[JGCola]

That 9/24 event just might be the only thing that's keeping TMDI's share price floating around 2$ instead of 1.50$. But to me it is not really floating : it is going down. If it appears to be stalled while pretty much everything else is slowly going up then it pretty much equals it going slowly down while the rest is stalled.

No longer long on TMDI here. I personally sold a few mounts ago and saved several thousands so far + the money is at work somewhere else. You don't have to bend over when someone is trying to screw you. There are other opportunities everywhere all the times.

Not saying i will not buy back at some point but right now this looks like a casino bet. Mgt lost pretty much all credibility with me. I felt cheated and my response has been to take my money off the table. Yes, they seem to have a good tree but it also seems to me that they do not care at all if the investors get their fair share of the fruits in the end. Not a good thing.

Now 9/24 will probably be disillusionment day as some realize it is not Titan's day at all... as if it isn't clear enough! I think it will only announce more aggressive (and very well funded) competition. Yes it may draw eyes/investment on this market as a whole but... i don't expect that itself will blow the roof on TMDI's share price. Obviously, big guns already know what is going on in this market. They are not going to discover Titan exists and has some interesting patents on 9/24... i mean... c'mon... they know!

I think the SP will go down or just "stall while the rest of the market goes up" in the coming days then go up right before 9/24... to then sadly and significantly go way down after. All in all i think TMDI's SP has not reached the bottom yet. I expect the bottom to be revealed when mgt starts buying shares.

The question of the day is: Where would the SP be right now if that 9/24 event didn't exist at all?!