Titan Medical Inc (TMDIF)

[elMoose]

I can't predict the future like everybody else here so I am not betting on rumors but what the company says.

I believe that this is a great robot of its time and its time is now and upon approvals, it will get a lot of use and it will not sit on the shelves.

I am in holding pattern on this and since I don't ever invest my lifesaving on any stock, I have the padding to add if I need to. There is no way that I will dump it pre approval.


If I was in charge of a giant medical company, I would buy this robot over ever more unpredictable biotechs and pay the top dollars for it because it far cheaper to buy one than develop one which would take couple of decades and even then it is not guaranteed to be the right product and timed for the market. Mechanical devices are not easy to design and they are extremely corky and that is why there is only a few that have got to this level. Any company that has to develop a new one from the scratch will take a decade or two to make something that is better than the rest, the complexity will be even more in future because there would be existing competitors.