Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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... see more

TSX:EDT - Post Discussion

Spectral Medical Inc > If there is a BOD meeting today
View:
Post by hmmmmmmmm on Jan 26, 2023 1:22pm

If there is a BOD meeting today

It should bring more regulator attention to the trading of the last 2 days.

The share price dropped 20% on no news

The volume jumped from the typical under 10k traded to over 600k traded.

The find the last time EDT traded this volume you'd go back 6 months to the news of the FDA "Breakthrough Device Designation"

Very suspicious trading on no news.

So, has inside information on "Material Change" leaked?
Or
Has MM's north star the "Alberta 80" sold off a chunk in order to sabre rattle before the BOD meeting?

Either should be troubling to shareholders.


For those who are not aware the "Alberta 80" is said to be a group of insiders- Geise, Funk, Hesby, etc. who are rumored to own 80+million shares of Spectral- and were connected to the often mentioned Medwell / BioMS situation.
Comment by mercedesman on Jan 26, 2023 2:35pm
Not my North star at all, just another factor to throw into the hopper.  Not necessarily putting them into the category of "smart money" but I would guess, based on Board representation and influence, that they are more likley to be "in the know".  As with 1984, "some ...are more equal than others." Re: 600k shares. Here's my theory (purely a guess ...more  
Comment by hmmmmmmmm on Jan 26, 2023 3:23pm
Once again you cannot see the forest. The "rampant speculation" is not the problem- it is the symptom. Caused by a company’s lack of transparency and proper disclosures.    The rest of your controlling dry kindling breakdown is a mess of speculative mush. “That stuff might be happening by some group for some reasons I wouldn’t speculate on publicly (nice touch- sounds ...more  
Comment by mercedesman on Jan 26, 2023 10:38pm
Oh I can see the forest just fine from my perch in the ranger tower.  I would say it's many others that can't see the forest for the stocktrees, and the BS wildfires and oil&gaslit smokescreens.  We should soon know if the funky fire crew has exercised their civic duty by pulling the fire. alarm, and running into the burning building in order to save lives ( including ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities