Whats the deal with Titan Medical

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Interesting thought about the inflated cases.

I am hearing a lot through the grapevine about many CSR's drastically inflating their case reports to the CSM. Some have even been promoted. New reps are being backfilled into those positions and realizing quickly that there was no way the previous rep was doing that many cases.
 






For those of you who have invested in TMD.V,

I have been watching Titan stock closely the past few months and am ready to make a significant investment in the company. As someone posted earlier, IS Patents might be running out soon which could hold potential vantage for Titan. And I noticed that Titan is trying to load up on surgeons with credentials; even some former IS employees.

Anyhow I am ready to invest, and just wanted some opinion from those of you who hold stock with them, or any TSX (toronto stock) for that matter. I plan to tuck this away for a cpl years to see what happens, so I am wondering what is the best route in buying shares? Seeing that the stock is in Canadian dollars, it is foreign, and many US investment companies and brokers dont recognize the stock because it is TSX venture.

How did yall buy? Directly from TITAN??

Thanks for your replies
 






Jazzgators said:
For those of you who have invested in TMD.V,

I have been watching Titan stock closely the past few months and am ready to make a significant investment in the company. As someone posted earlier, IS Patents might be running out soon which could hold potential vantage for Titan. And I noticed that Titan is trying to load up on surgeons with credentials; even some former IS employees.

Anyhow I am ready to invest, and just wanted some opinion from those of you who hold stock with them, or any TSX (toronto stock) for that matter. I plan to tuck this away for a cpl years to see what happens, so I am wondering what is the best route in buying shares? Seeing that the stock is in Canadian dollars, it is foreign, and many US investment companies and brokers dont recognize the stock because it is TSX venture.

How did yall buy? Directly from TITAN??

Thanks for your replies
Click to expand...

Wow, you obviously are new to investing. Step one: Open an Etrade account (or any other broker) Step 2: Deposit $ into the account Step 3: Buy Stock

You can't buy stock directly from a company.
 




































I'm wavering too. It's a penny stock, so it's not too risky (depending on how much you invest). My concern is that Titan hasn't really provided any solid information on the success of this product. They're doing a trial in NY, and have recruited some robotic urologists to be on the board, but that isn't saying much. There is a high likelihood that Amedeus will get stuck up in lawsuits w/ Intuitive. Intuitive could very well eat them alive. Intuitive could care less about Titan currently, b/c there isn't much to go off of. Once they start to publicize, Intuitive will raise its nasty claws w/ patent infringement lawsuits, etc.
 






I bought more. I try to keep it simple: True competition is inevitable. I don't believe ISI can maintain it's monopoly position forever so that alone is worth making an investment. I also take notice of the buzz that's being generated around Titan. My surgeons are 1 by 1 becoming aware of their presence. So if the word isn't out yet that we've got competition on the horizon, it will be eventually and at that point it becomes one of those situations where the surgeons and the executives we've done business with in the past will take a look back and determine whether or not ISI is a company they would like to continue to exclusively deal with for robotics, or whether or not they'd like to see what the new guy has to offer. From my perspective, ISI has garnered some resentment in the past. Someone will give them a chance when/if it gets to market.

Yeah, ISI could get tied up in lawsuits and such. But I can't imagine Titan isn't preparing for this in every possible way. And even then, from what I know, just because you sue someone for patent infringement, doesn't mean they are immediately ordered to cease and desist, right? These kind of lawsuits are generally long drawn out affairs in which they will probably still have the ability to conduct business, if Titan has prepared for this.


Will Titan overthrow ISI as king of the hill? I'd bet against that at this point. But what I am betting on for now is that they will find a niche in this market, be it disgruntled ISI customers, unique tech, etc...
 






Anonymous said:
I bought more. I try to keep it simple: True competition is inevitable. I don't believe ISI can maintain it's monopoly position forever so that alone is worth making an investment. I also take notice of the buzz that's being generated around Titan. My surgeons are 1 by 1 becoming aware of their presence. So if the word isn't out yet that we've got competition on the horizon, it will be eventually and at that point it becomes one of those situations where the surgeons and the executives we've done business with in the past will take a look back and determine whether or not ISI is a company they would like to continue to exclusively deal with for robotics, or whether or not they'd like to see what the new guy has to offer. From my perspective, ISI has garnered some resentment in the past. Someone will give them a chance when/if it gets to market.

Yeah, ISI could get tied up in lawsuits and such. But I can't imagine Titan isn't preparing for this in every possible way. And even then, from what I know, just because you sue someone for patent infringement, doesn't mean they are immediately ordered to cease and desist, right? These kind of lawsuits are generally long drawn out affairs in which they will probably still have the ability to conduct business, if Titan has prepared for this.


Will Titan overthrow ISI as king of the hill? I'd bet against that at this point. But what I am betting on for now is that they will find a niche in this market, be it disgruntled ISI customers, unique tech, etc...
Click to expand...


I'm willing to bet Titan will find more than a niche.
 






Anonymous said:
I'm wavering too. It's a penny stock, so it's not too risky (depending on how much you invest). My concern is that Titan hasn't really provided any solid information on the success of this product. They're doing a trial in NY, and have recruited some robotic urologists to be on the board, but that isn't saying much. There is a high likelihood that Amedeus will get stuck up in lawsuits w/ Intuitive. Intuitive could very well eat them alive. Intuitive could care less about Titan currently, b/c there isn't much to go off of. Once they start to publicize, Intuitive will raise its nasty claws w/ patent infringement lawsuits, etc.
Click to expand...

I don't think "Intuitive could care less" would be an accurate statement.


From what it sounds like, more than just a few in the company own Titan stock.
 












I've been thinking about investing in Titan for some time now. Just wondering whether, as a US citizen, it's better to buy TSX stock or the Pink Sheets?

Thanks,

Rookie Trader
 






I think Titan is a good stock to speculate on. I sell medical equipment and deal with the same people that Intuitive deals with at the hospitals. The hospitals hate dealing with them. Their arrogance will be short lived. Everyone talks about IP and how no one else will be able to get into the market. When has this ever happened in any segment of business? Competition is inevitable. A big hospital system won't even flinch at a $1,000,000 capital purchase if they feel that it gives them a competitive edge and their surgeons see a clinical benefit.

Titan's features are a big deal to the surgeons, not just gimmicks. The surgeons that I speak to on a daily basis have this company on their radar and are excited to see what their robot will be able to accomplish.

There is still a lot of market share to pick up. I'm confident that if Titan delivers what they say they will deliver, the hospitals will be more than happy to entertain a technology other than Intuitive's, and will also enjoy not having to deal with Intuitive's sales force and management.
 






I too have hear from many hospitals' administration, they do not care for Intuitive and their arrogance and most say if their were another company to choose from they would indeed choose the other company's product.


Titan has started trials and their robot will offer many benefits. Many of the surgeons I work with have brought up Titan in conversation.

I think Titan has, and could be a very good opportunity.
 
























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