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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 > Why do we know things are not as certain and glorious as MM
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Post by Stocktree on Jun 07, 2023 3:33pm

Why do we know things are not as certain and glorious as MM

would like you to believe?

Baxter or some other large medical entity has not swallowed up in one nice bite Spectral Medical.

But you can also listen to mercedesman, according to whom's predictions the Euphrates trial was near certain to end with fireworks in 2016 and, since the opposite occurred, tried to push the idea that we would soon see our beloved SP climb to $4 just for Dialco alone. His predictions are worth a dime a million.
Comment by mercedesman on Jun 07, 2023 10:23pm
I think that was confirmed as the end game today ( although it was suggested as just one of 3 possibilities)  And if they have exclusive distribution rights, sewn up and a Trial that is likely to end in 8-16 months why would they act now ? Are they in the business of running trials or selling ICU equipment ? Your lack of knowledge of business in general, and investing in binary event ...more  
Comment by mercedesman on Jun 07, 2023 10:30pm
On the final point we can quibble about what had the bigger impact on delays: mismanagement/ miscommunication or CV-19 From my perspective, I'd say it's  a bit of both  But the fact remains that ultimately the first three points are far more important to the underlying ( and hidden) value of this investment.  MM 
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