Titan Medical Inc (TMDIF)

[RockoTaco]

Waiting 30 days after selling at this point is a HUGE RISK and why I am not considering it. Consider some math:

Sell 10,000 shares today at $1.70 (based off the premise of buying more shares at a lower price). Now u have $17,000 to invest.

Over the next 30 days, pps goes to $2.22 (for fairness I added 52 cents over 30 days bc 52 cents south in pps is $1.18). If u buy back in you will have roughly 7500 shares (25% decline in share count). To take that further, IMO $4-6B valuation for Titan is a share price bt $35-50/share. Here is the diff:

10,000 shares x $50 = $500,000
7500 shares x $50 = $375,000

That is a HUGE FINANCIAL RISK TO TAKE- one I will not be doing BUT if the shorts can deliver their $1.18 prediction then I’ll be ready to buy and have eliminated all my risk. Do I think it’s going to $1.18, just one thing to say - Weeeeeeellllllllll…. We’re waiting!