Titan Medical Inc (TMDIF)

[BIGKAHUNA57]

Reply 120500: Honey - I don't see a PR in the near future to support the SP. This run up started from nowhere, as $20M spent on over 15M shares with no news. I would guess that many here are not expecting news from TMDI b/c MDT is controlling the communication to the public. I would guess it's just basic supply and demand. When 15M shares are bought in a short period of time, the price will go up. The share increase appeared to be a controlled, calculated accumulation over many consecutive days. Possibly nothing more to it. Also, the buying started before the tax harvesting season. Why not wait? The timing, or lack-thereof is odd. Clearly I'm speculating. I don't think management is stupid, if there's no PR. IMO. Now, I do think who ever bought the 15M shares will defend the average purchase price. So with this much activity recently, I think we stay above $1, at least for the near term/late December. And it will be a fight with the artificial efforts to lower the sp by trading small lots back-and-forth between shorts. IMO. Good luck to all. Regards, BK.