Titan Medical Inc (TMDIF)

[66Mustang]

If Titan went private, they will have stolen from all the long shareholders who currently still have a chance of getting their investment back with some profit. But to do so, they need to buy out the outstanding shares, presumably at market price; they don't have the cash kicking around to do that... If they did, they would just cruise across the finish line on that money. They can't afford to go private; to suggest it is only detrimental to the situation.

But yes, the shorts would need to find new victims.


Message in reply to:
IF TITAN GOES PRIVATE - no more stealing from investors by the shorts