Titan Medical Inc (TMDIF)

[chambers]

I absolutely stand by what I said earlier.

The selling going on yesterday is still investors hedging their position.

Think about it. If you purchased the new issue shares at $1.40 where it was priced and you have a FULL warrant go with it then you ascribe a value to the warrant – lets even say $0.10 per warrant at a minimum.

Then you could sell the your free trading shares all day long at $1.40 less the warrant value of $0.10 or $1.30 and you would still be even.

That is what is going on here.

The hedge guys were all over this issue.

I did not say that on the 19th this was going to rise to $2.00 but I am confident in my opinion that we will be there much sooner than most people think. So what if we don’t get there in the next few months, I have lots of time.

There is lots of strength from my perspective in the way this is trading.