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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

Post by mercedesmanon Jan 03, 2024 7:13pm
240 Views
Post# 35809699

6 months and a bit …100%

6 months and a bit …100%

During the summer of 2023 BSw, Stocktree and Hmmmm were waging a relentless negativity campaign - presumably in effort to discourage investors from buying Spectral shares. 

Themes used:

- it was going to be years ( up to 7 more) to complete the Trial ( using suspect math) 
- mismanagement - primarily by Seto 
- dead money for a long time. 

-based on missed promises ( thru Covid and Yes some poor executions/communications) future milestones would/could never be realized  


In a little over six months after the stock touched $0.24/share on June 14, it closed at $0.48 today - a 100% return !

I'm not yet satisfied with the SP either given even todays better but still low price vs. the huge upside potential  ( nod to AP) And that's in 2024 ( not 2028 + as the FUDsters would have you believe) 

Despite the relentless FUD campaign.  several of us were buying in the .20's and later the .30's  To us, their presence was a contrarian indicator ( just like now - although they are being forced to modify their themes - and or focus on other posters ) 

Newbies and existing shareholders are advised not to listen to the FUD workers, or risk giving up future returns once again. 

By all means do your DD - don't just listen to the so called " pumpers" 

Only invest what you can afford to lose  

And yes, consider taking profits on at least a small portion of your position if you realize exponential returns on any given stock including Spectral.  Prudent investors always try to lower their cost base. No one ever went broke taking a profit. Or buying low and selling high. In that sense I owe a debt of gratitude to the FUD workers for their contrarian clues. 


#savethesizzle. 


MM 

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