Replies to post #73254 on Titan Medical Inc (TMDIF)

[hubwolf1]

Agree. This is a good price point to bring your position back to pre-dilution levels. As for $3, does anyone really think at this point Titan goes back to the equivalent of a dime stock on the otc? Seriously? Granted we are pretty beaten down but come on. Too many structural changes since those days for that even with dilution.

[EIT]

Personally, I'm a little bit at a loss with the volume and drop of yesterday.

The most positive explanation I can think of is that the raise is bigger than initially anticipated by the market, and they got wind of it, and so the price settles lower because of dilution. Still, that would be positive, since I actually doubted they would raise anything like 25 million. The prospectus states funding just to start up and advance Q1 2019, not even finish it with the money raised, which translates to a fairly smallish raise of around 15 million in this round. Q2 2019 is still entirely unaccounted for in the prospectus...bah...more raises to come after this one I think...

I'm still expecting that frankly, not the 25 million others mention here, but maybe...as it would explain the drop.

Other explanation is that it is simply shorts, and retailers panicking and switching their shares too cheaply with the pro's, as usual...

The most negative explanation is that they can't raise the minimum amount of the offering, which I hope not...that would be bad...but unlikely...we would tank a lot more than is the case now...

So perhaps you're right, that we'll be spiking soon...

[Geo2014]

Agree!!!!!!!