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Spectral Medical Inc T.EDT

Alternate Symbol(s):  EDTXF

Spectral develops devices for unmet medical needs. Sepsis occurs in 1.7M Americans/year causing 250K deaths, often caused by endotoxin. Our devices measure and remove endotoxin from the bloodstream. An FDA confirmatory trial is underway. Dialco, a Spectral sub, offers SAMI, a novel instrument for renal replacement, cleared by FDA. Dialco is seeking FDA approval for DIMI a unique home dialysis enabler. These devices have large commercial potential


TSX:EDT - Post by User

Comment by Accountprinceon Jul 07, 2021 10:17am
177 Views
Post# 33504833

RE:RE:Blood Purification Stocks are on Fire! - Revised !...

RE:RE:Blood Purification Stocks are on Fire! - Revised !...There's only one remaining tailwind and that's getting the price in the proper range for exercise of options.  Your thoughtful and well laid out analysis speaks volumes.  The setup this morning was 318 shares traded for EDTXF to set up a 9% drop thereby allowing a range of $0.48 to $0.49 per share on the Canadian exchange.  So any OS options at or close to that range are now just out of the money - capital gain and not income when it goes up. 

Let's see what's exercised of those just out of the money options - based on some recent reporting we should know within a couple of months.  Any idea who holds options in that range?
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