Titan Medical Inc (TMDIF)

[66Mustang]

AGM next week, 1 week from today? Would be nice if there was something of substance that they can share. They will share happy news that we already know, like milestones met over the past year; revenues from licensing, etc. They will maybe introduce a couple of their new folks and any mention of their M&A experience will be in passing. I expect nothing big next week. But...

I also expect there are a few shareholders out there who will have jumped in just in case it is an opportunity for them to announce something bigger. And those same folks are likely to sell after AGM, not willing to hold until the next possible "announcement". Significant enough to drop our PPS? Maybe...

My points being:
1. I expect little from AGM
2. It will actually all be good news except for management awards being a bit too generous
3. We already know the good news parts so no positive impact on PPS
4. Post-AGM fallout could drop us back into the $1.50s. $1.60s? Who knows... This is just based on my own gut feel. So many frustrated shareholders out there looking for the Big News but I just don't see it happening yet. So...

I'm gearing up for scooping cheapies in the middle of June! Maybe they won't be cheap... but that's what I'm leaning toward.