Titan Medical Inc (TMDIF)

[OR Nurse]

What percentage of the selling do you think is occurring that are from people overextended in Titan?

What I mean is there a lot of people including myself who were quite upside down in the stock with pps averages of $4 and through the roof. You have to remember that there are a lot of long term investors(10 years plus) who thought the multi armed platform was coming to FDA. The same reason some of us felt the multi arm platform was exciting when it first came out has been mentioned by newer investors. Theories of the technology of the multi armed robot coming back to fruition and that is why it is taking so long to get SPORT/ENOS to market. (I feel this theory is complete BS.)

I do know several investors took their monstrous losses and walked out the door. If people mention the name Titan they lose their minds. I strongly believe Titan has ruined lives personally.

I saw it climb to $1.71 to today and I was tempted to sell some of my position but did not.

So I ask the question again. I know a percentage of the volume was people selling to grab their quick profits and move on. Some that bought at 50 cents, etc., etc. Don't you suspect a certain amount of the shares that were sold today were from investors who own more than their comfort level based on their income and assets?

I heard from some on this board that your average pps is 80 cents or $1.20. These individuals are obviously at a different comfort level. Your comments are based on your price point in ownership. Those individuals that are severely underwater do not share the same sentiment.

I do understand that some people are selling shares they may not be able to purchase back at a cheaper price. I suspect these individuals look at their balance everyday and have been doing so for multiple years and it has been tearing them apart.

You can tell people until they are blue in the face not to sell shares of Titan. There is a history to Titan investors cannot forget no matter how hard they try. You get smacked in the face every time you walk in a room. Someone tells you it will not happen this time. Pretty tough to NOT walk through the door with a bit of a hesitation or a bit of a wince. The past is often the best predictor of future behavior.

So what percentage of the shares sold today were not by shorters but by investors trying to average down their price point in order to feel more comfortable with their initial cost of Titan? And how can you tell a shorter from someone overextended trying to average down? Again, I held my position today.

Thanks in advance.