Titan Medical Inc (TMDIF)

[66Mustang]

I never said it makes sense for Anson to pay so much for shares. I have hypothesized a potential rationale for their move, but I don't know for sure why they did it so I can't opine as to whether or not it makes sense.

Neither did I say that it would make sense for Mr. McNally to do so. I only stated it would be a great move as a show of faith to take on some, any, visible downside risk, as a "vote of confidence" to investors. His lack of visible downside risk doesn't necessarily mean the opposite; it may mean that he is living within his means with less discretionary income than other people presume he might have.

Also, true logic stands on its own and never requires explanation for validity. It relies on a sequence of statements or inferences which substantiate a conclusion, but the veracity of the conclusion is inscrutable if it is truly logical. An explanation may be tendered for convenience in helping others understand the conclusion, but that has nothing to do with the validity of the conclusion. Where's your inner Spock??


Message in reply to:
Your saying it made sense that Anson exercised their options at those levels so should make sense for Mr. David to do so as well.
I mean why would Anson pay 7x the market price unless they are gonna get a nice return on that investment.

You logic requires further explanation to be to valid