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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 4:57pm
138 Views
Post# 33506940

RE:RE:Somebody has this one on a string

RE:RE:Somebody has this one on a stringMy guess is this activity is to position the price for some option exercises.  Weren't there some $0.51 options given out recently?  Wouldn't be surprised if those options are now exercised.  Based on recent timing of reporting of insider activity we will know within the next two months or so if that happened.

Interesting that such a large volume of shares traded at $0.55 during the day.  Since it dropped to $0.48 near the end of the day does that mean the $0.55 through the day was meaningless?  Rather than a yo-yo I'd liken it to a hot air balloon that is set free some days with expert marksmen lined up to take it down just before the end of the day.
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