One thing I want to say about a buyout, the value of the company being bought is not determined by the market cap or technicals or PPS, it is determined by the value that the buyer believes it's worth to them. In Titans case, i hope that what they have is worth a bidding war bc that bodes well for all of us. Nice thing for us is that Titan is not an app but a potential game changing product for robotic surgery. I have no idea what that is worth to jnj or Medtronic or isrg but hopefully we will find out.
If only one company wants to buy Titan then it will go for a low PPS, if 2,3,4 companies want to buy Titan then it will be much more lucrative for us.
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