"Material News" in a nutshell? Many here will remember the abrupt sell off in the days leading up to the Feb 4 2020 news release of the Baxter- Spectral partnership.
And I am sure they’d remember how suspicious the sell down looked- it was hard to not see it as a group using inside info to kick down the share price, and color the news of the Baxter deal. (AB 80 anyone?)
Are we again on the verge of Baxter/ Spectral news? and will we see similar inside info games?
After years of Spectral publishing statements a la "At 90 patients Baxter will have access to raw data "
Spectral has now removed that language- now simply stating: "Baxter has the option to make the second milestone payment"
Does this mean Baxter had already accessed the Tigris data? would that be material- given the numerous, previous assertions to investors?
Would investors hear if that data had changed the Baxter/Spectral relationship- if say Baxter was now actively using their influence with Drs. and hospitals to increase Tigris enrollment?
If such changes have happened- when will Spectral management notify their shareholders? Or how long will insiders alone hold that information? Will we see the 2020 games by those inside play out again?
Let’s see what next week brings…