Replies to post #73543 on Titan Medical Inc (TMDIF)

[BigT82]

Then I don’t understand why you of all people did not sell at $7? You had several days to do so. If someone was so convinced it would spike and tank, yet still did not sell, then I’m completely confused... Guess it just shows that this “could” have acted differently post uplist, and it very well may have if a raise was not announced day 2.

And yes, some sold at $7 no doubt and will buy back in at $3.50, but the major selling has occurred over the past week in the $3-$5 range...

Yes it could go lower, could also go back to $7 in a hurry. I’ll add here at $3.30 and take my chances.

[renovatio33]

It’s only tanking bc of dilution from an uncertain offering amount. And keep in mind there is no “smart” money in this, just retail. It looks like some decent size positions sold out over the past week and that’s likely those not willing to stomach the stormy seas of Titan any longer. Current levels price about a 25-30 mil raise and if it closes next week, should start to trade up with a new and stable institutional investor base. Great place to be IMO, great for new investors obviously with likely limited dilution in the future with warrants, and worth adding for longs if you’re still L&S