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Titan Medical Inc. Message Board

  • wizardofoz90210 wizardofoz90210 Jun 24, 2014 4:25 PM Flag

    TITXF will continue it's up trend with expected pullbacks. Here's why.

    The previous pattern of this stock had a lot to do with the fact that when the price would go up, the company sold shares to fund it's operations. For instance, as a result of the two back to back raises in Feb and April of this year, TITXF share price fell. After the April raise, the company announced they have all the money ($40M) to get SPORT to commercialization. (There are also warrants that are potentially worth about $60M). So going forward, raising money will not be a catalyst for the stock price to fall as it has since the inspection of the company. Titan is also debt free.

    Sentiment: Strong Buy

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1.19-0.03(-2.46%)Jul 31 3:59 PMEDT