Lots of good chatter on he board this past weekend with informative information.
My opinion is Titan should be regularly putting out information on their progress. This way the market knows what's going on and that they are or are not on track. If they do this regularly, the company price and shareholders will be rewarded with a strong share price.
They should be attending all the US conferences in this space and continue to let people know who they are.
Regarding warrants (I see so many questions and comments), as per an earlier post I replied to the market is aware of them and takes them into consideration. A potential acquirer of Titan also knows the warrants exist and assumes they will exercised so they simply calculate how many shares as well as how many dollars will be in Titans account at the time of acquisition based on having them all exercised.
Currently the Series C warrants are in the money however they have about 4 years left on them. If you believe in Titan as most of us do there is no reason to exercise them today as you can wait it out for another 4 years. Unfortunately Titan did not put an early exercise clause on them so it could be as long as 4 years. Believe me, if the price rises again to $2.00 or more there will be people who will exercise their warrants early to simply lock in a profit as the warrants are not trading at their true value which should take into consideration the amount of time left on them in my opinion (time value).
The financing closes on the 19th so I suspect in the next week or so we will be trading much higher once the selling pressure is off.
Look at the price action of Titan just this last Friday. It traded very well all day around $1.38 CAN until the last 30 to 40 minutes when people (flippers and warrant riders) decided to sell before settlement day which is the 19th. They drove the price down by simply hitting any and all bids to get off their paper and this should be no surprise to anyone. The good news is that the selling pressure was less on Friday than some earlier trading days so it appears that most of the selling pressure has been eaten already.
Stay strong and as I said in earlier posts use this opportunity to purchase shares while the flippers and hedge guys keep it low. There is only a day or so more until they are gone in my opinion and experience.
To all the medical professionals on this board, keep the informative information coming. I find it useful to compare what I hear and learn.
AI
