Titan Medical Inc (TMDIF)

[RockoTaco]

Apparently this will stay at $1.70ish with some creeping up thru Sept - $1.20 is a shorters pipe dream, they basically have been neutered and are ineffective at driving this down so what does that say. Well, waiting to be a buyer at $1.50 probably not going to happen and this surely won't be driven down to $1.20(if they could have made it happened, it would have happened). It means that we won't have to worry about a lot of downside volatility in the PPS bt now and Sept. I will be adding on the dips into the $1.60s and expect these adds to be 3-4x current pps by October ($4-6).

As for any new investors, they aren't concerned with what happened in the past so they will hold their shares, not expecting them to unload so that eliminates downside volatility. Long term shareholders aren't unloading shares, again no downside volatility so it is most likely that this $1.70ish base will hold thru the summer. I do expect it to start moving up later July, early August into the $2 range and touch $3 in Sept until completion of Milestone 4 which will then push it to the $4-6 range in October.