Point Of Return
Growth, Deep Value, long/short equity, momentum

Why Titan Is Even More Attractive Now Than It Was Prior To Delaying Its SPORT Unit

On November 14th, 2014 Titan Medical (OTCQX:TITXF) released its third quarter financials, MD&A, and issued a press release containing significant news about the development of its SPORT surgical system:

"… the company has decided to pursue a broader set of surgical indications for the Sport surgical system, including general abdominal, gynecologic and urologic procedures. Therefore, management has determined that it is appropriate to update the technology development milestones and estimated costs that were previously published. Based on "voice of customer" feedback and further consultations with the company's development partners and the newly formed surgeon advisory board, the company is building additional prototypes and developing more advanced instruments and training systems for expanded use in additional surgical...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
PRO Top long ideas returned 21.7% in 2016**
"As a PRO member, we get uniquely valuable perspective that go beyond our quantiative analysis... We rely on PRO to get beyond the numbers quickly and add much needed perspective. It keeps me ahead of the next big thing. - Mark Choate, Malaga Cove Capital"
Mark Choate, Malaga Cove Capital
"Contributors (writers and commentators), often have a long history in the secuirities they opine on and some are clearly well positioned industry participants with detailed industry views that can help provide color on where the skeletons are buried in a particular secuirity and/or industry."
Jim Roumell, Roumell Asset Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details