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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 Revtenon Apr 01, 2024 7:15pm
139 Views
Post# 35963898

TODAY’S NUMBERS

TODAY’S NUMBERS
House Positions for C:EDT from 20240401 to 20240401
House Bought $Val Ave Sold $Val Ave Net $Net
79 CIBC 11,070 5,202 0.47 4,500 2,115 0.47 6,570 -3,087
1 Anonymous 7,500 3,397 0.453 2,070 957 0.462 5,430 -2,440
14 Virtu ITG 100 44 0.44 0   100 -44
80 National Bank 77 34 0.442 77 34 0.442 0 0
85 Scotia 2,000 920 0.46 2,600 1,157 0.445 -600 237
7 TD Sec 2,000 940 0.47 5,000 2,285 0.457 -3,000 1,345
2 RBC 0   8,500 3,990 0.469 -8,500 3,990
TOTAL 22,747 10,537 0.463 22,747 10,538 0.463 0 1

 

Interesting today how light the Volume was especially with a couple Headlines on Yahoo Finance & Simply Wallstreet saying 

"Spectral Medical Full Year 2023 Earnings: Misses Expectations"


Maybe the Smart Money knows it's Only A SMOKESCREEN and if we get any kind of a Significant Pullback it's a SCREAMING BUY! 

Even at this Price it's a BUY BUY BUY!!

Not Pumping....Just Read The Recent Analyst Report for yourself! Came out March 14th. 

We should easily be over $1.00 a Share but we are just a small unknown Canadian Company with very little US News Exposure. Yet Baxter knows EXACTLY what they have!

A Huge Winner with an Annual 2 Billion Dollar Potential Market not to mention the other potential medical uses for PMX.

The increase of $ 3,254,000 (excluding investment loss and impairment) was due primarily to increased consulting and professional services majorly due to increased site and patient fees related to the Tigris trial and Eden observational study;  THATS WHY OUR ENROLMENT PACE HAS PICKED UP!!
Everything Costs Money and especially Professional Medical Related Services for Trials.


The Financing is needed as EVERY FDA Trial costs money and seeing we are in the final stretch the Financing is a NO BRAINER with BAXTER likely taking most of it and it's probably already done! 

We are at 97 Patients and the enrolment will increase as New Trial Sites come on. Simple Math!

Still Very REVED UP!

Cheers!

 

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