TMD - STOCK - LONG - ASCENDING TRIANGLETITAN MEDICAL INC. STOCK displays an ascending triangle pattern. Entry is at the breakout of the pattern make sure this coincides with a volume increase to verify breakout.
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TMD
TMD - good buy yet?I was asked to have a first impressions view of TMD. This is my unrehearsed ramblings of my process. It's always to look at the data and argue the case for both bullish and bearish cases. Feel free to comment on you opinions of TMD as well. Like it or dislike it???
Titan Medical - Surgical Robots and their Huge potentialJohnson & Johnson recently bought Auris Health for $3.4bn -World’s largest healthcare group tries to speed up move into digital surgery
TMD would have a share price of $175 for all outstanding shares with a similar Market Cap of $3.5 billion.
AND..... The original Surgical Robot developed by Intuitive Surgical The DaVinci
Intuitive Surgical Inc Market Cap: 62.97B which would give TMD shares a value of $2900 (Bare with me if it seems a little extreme comparison, but ISRG was founded in 2005 with a starting share price of $21.40, currently trades at $550 and US$ 3,1 billion revenue (2017) while the company focuses on a single robot )
Titan has a large number of patents across China, Europe, USA. It also has partners in place to do business in all three, so it has a huge market potential. The company says its SPORT surgical system has benefits over DaVinci.... Smaller, more maneuverable, more disposable, more attainable in terms of affordability. Founded by six surgeons who thought they could do better.... :)
You can read for yourself if you're interested.. titanmedicalinc.com
We are truly moving into the robot age....
www.zerohedge.com
