Just so everyone is ready for Monday...
Some folks will be all excited about the two investor conferences. Very little is likely to be said about the MDT/Titan situation.
Those excited folks will then be perturbed folks because there is no big news. Share price slides into the low- to mid-.60s range, maybe worse. Everyone then complains because they "didn't see it coming" even if they were the sellers. (insert eye-roll here.)
Mr. McNally is likely to make one or two perfunctory references to Medtronic. But he might have been told to avoid any mention, in which case he will try to keep quiet about it. It would be humorous if he references them indirectly without using the company name!
Mr. Martha is likely to not mention Titan Medical at all, but might accidentally slip and it spills out once or twice. (He will be smiling at the mention of Titan if it should slip out. He can't help it.)
OUTSIDE CHANCE at best, but still within the slim realm of possibility, is an announcement of milestone achievement, hitting the October milestone a month early. If so, we see a pop, maybe into the .90s but this alone won't shake the tree enough to drop the NASDAQ de-listing threat.
Mr. McNally won't make any comment about the threat of de-listing; it is an investor conference so the intent is to stir up investment capital, not chase it away. Some people will call him names for not "being up front" about it because they don't understand this simple concept. But people will call him names no matter what, so I guess that doesn't really matter.
I'm just saying overall, don't get your hopes up about Monday. Anything positive to come from either presentation is all a bonus, but the relationship isn't likely to be a featured item in either presentation. Too early.
And although I would typically, facetiously, refer to this outward diminishment of the relationship as "keeping up the ruse", I know some of you out there seemed to be really bothered by that term so I shall not say that here. (oops.)
