Conavi Medical Corp V.TMD

Primary Symbol: T.TMD

Healthcare Medical Devices

Conavi Medical Corp., formerly Titan Medical Inc., is a Canada-based company. The Company is focused on designing, manufacturing, and marketing imaging technologies to guide common minimally invasive cardiovascular procedures. The Novasight Hybrid System is intended for intravascular imaging of coronary arteries and is indicated in patients who are candidates for transluminal interventional procedures. Its Novasight Hybrid System combines both intravascular ultrasound (IVUS) and optical coherence tomography (OCT) to enable simultaneous and co-registered imaging of coronary arteries. Hybrid IVUS and OCT imaging provides additional information over single modality imaging in complex lesions. The versatility of hybrid imaging is useful for a variety of complex percutaneous coronary intervention (PCIs), including situations where the customer may want to image large ostial lesions with IVUS but also use OCT for diseased distal lesions and/or stent assessment.

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Conavi Medical Corp

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Comment by fortfryon Jan 06, 2017 11:14am

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Post# 25675364

RE:They still havent

The big positive was the market reaction to the news. 200 day moving average is 69 cents which looks like reistance. 50 day moving average is 44 cents which could be support. Yahoo Finance has a 1 year target of $3.50 a share but that could be old news or meaningless. To me the warrants look like a cheap option on longer term success but I never heard of this until this week. I would say at least a buck a share trading potential on breakout above 70 cents

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