RBMILLS88, Welcome to... well, here, anyway! It's not exactly heaven and it's not entirely hell... But welcome!
It's great to have another voice of reason and experience; there are several here but as you surely know, there is still much dissent as well.
I consider myself very lucky to have amassed about 70% of your Titan holdings and I'm looking forward to the future of this investment.
Speaking of due diligence (as you were), earlier today I was reviewing a bunch of Mazor press releases from 2016 forward, and laughing at how many Medtronic people became nested into Mazor, with PR's to boot, so the public would have no doubt that acquisition was imminent. Were you following that deal at the time? Maybe you can share some additional insights and commonalities, as well as your perspective on lessons Medtronic may have learned about keeping things a bit more under wraps to minimize buyout price. Or maybe you have a completely different viewpoint on the matter, in which case I'd still love to hear your opinion! Are you in it at this point for a buyout, or are more inclined to think Titan leverages the Medtronic relationship just enough to try to go it alone?
That "loaded spring" theory sounds exactly like what Rollgard1 has been preaching around here. I'm looking forward to that day as well!
Also, do you have any presumptions or guesstimates on a timeline? Just wondering what others may be thinking!
Message in reply to:
I'm typically reading posts for DD purposes but not writing them. However, I feel it's worth commenting at this point. I believe Roll is correct in that the RS is a good housekeeping vote and will only be used come next February if the company is still not NASDAQ compliant and is subject to being delisted. Even then the company can ask for an extension of time. If the stock trades above $1.00 for 10 consecutive days then the clock is reset. In all likelihood the stock would be $2.00 today if not for it being controlled/negatively influenced by the SHORTS. Some event in the future will cause a short squeeze and this stock will act like a loaded spring. Background is 20 years on Wall Street doing biotechnology and medical device deals. I have pretty good experience when it comes to these situations. Also, long 150,000 shares so I only have one agenda -- make money and I don't believe I'm chasing fools gold here!
