Thursday, April 15, 2021 7:08:52 PM
A shorter has to make a living too folks. You all seem like good folks, but until you collectively and relentlessly put pressure on management to perform and to live up to their rhetoric, well, simply put the shorts will continue to circle.
The argument that Mc McNally can’t buy shares after 3 years on the job is just laughable. Even Mr. Hargrove bought a meaningful amount of shares. Mr McNally came on the month after Hargrove was fired and all of a sudden he can’t buy shares. But he sure can dilute and reign in a lot of Noob investors.
There is simply no excuse to excuse the sloth roll-out of Enos and Titan Living Labs. None
The good Mr Taco talks about selling his shares if Titan goes it alone - well from all of the hiring as of late, it sure looks like they are going it alone.
Finally, in my books, the biggest Red Flag of them all is that a company that took it on the chin with insider trading violations could not do effective DD before hiring on Mr V. Either wanton imcompotance or abject carelessness. Whichever it is, I would not be confident to be long here.
In my view, the fair value of the stock is around 50 cents at present. I think you will see huge burn rates this quarter. Milestone 3 is questionable at this point and it is obvious that Mac is only dealing with Vulture Capitalists to contribute to the coffers - and then they convert to shorts etc.
Rough days for Titan longs. Good news - once they finally begin human trials, a who bunch of longs will be able to give first hand data updates. I am sure that Macs incompetence has felt like a gyn procedure, even for the alpha males.
Love an hugs to all and continued Titan-ic movement in the days and weeks ahead!
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