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Spectral Medical Inc T.EDT

Alternate Symbol(s):  EDTXF

Spectral Medical Inc. is a Canada-based late-stage theragnostic company advancing therapeutic options for sepsis and septic shock. The Company develops and commercializes a treatment for septic shock utilizing its Endotoxin Activity Assay (EAA) diagnostic and the Toraymyxin therapeutic (PMX). PMX is a therapeutic hemoperfusion device that removes endotoxin, which can cause sepsis, from the bloodstream and is guided by the Company’s EAA. PMX is approved for therapeutic use in Japan and Europe and has been used safely and effectively on more than 340,000 patients to date. It has pioneered the development of biochemical markers for the clinical syndrome known as septic shock. It is continuing its legacy business of manufacturing and selling certain proprietary reagents. It develops, produces and markets recombinant proteins, antibodies and calibrators. These materials are sold for use in research and development, as well as in products manufactured by other diagnostic companies.


TSX:EDT - Post by User

Bullboard Posts
Post by Stocktreeon Sep 15, 2016 5:43pm
148 Views
Post# 25242542

Not binary + rant

Not binary + rant
In summary, the future of EDT is basically binary:
1 - The FDA might not approve (which would be so impossible given the numbers released by the company).
2- The FDA would barely approve, based on a poor 10% efficacy (which would be so impossible given the numbers released by the company), in which case (impossible) the share price might drop a bit.
3-4-5-6-7… The FDA would boldly approve (15 – 20 – 25 – 30 – 35…% reduction in mortality).
 
Those are a great big lot of possibilities!
 
So not binary at all.
 
 
Rant (do not read the following if you are not in a ranting mood). And even if you are, you might be better of reading Diamond’s last post. It did me some good while finishing this.
 
Stranger Things
 
- Analysts have no way of knowing where the results might fall (right), cuz no information has filtered at all down to their busy offices.
 
- The stock market is not working in this case, because people and institutions do not always want to make money, I guess.
 
- Today, some were selling below 1.50 CDN. That is pure bad business. Why would someone have held this stock during any leg of its history and want to sell it now that it is most certain to climb within a few weeks is beyond me.
 
I can get why people are not rushing at the door to come in, the company is bent on hiding from the public eye. But selling now? Below 1.50? Below 2.50? Why? It’s like sailors blindly trusting the captain during the whole darn trip across the ocean, only to rebel against him when they see a shore of gold appear at the horizon.
 
The only explanation is that we are “ON THE OTHER SIDE”. The reverse world. CTSO climbs while it is not proven. We stagnate while evidence is more than hard and concrete in our favour.
 
So when October comes, Spectral will release what can only be very positive to incredibly positive results. However, since we are ON THE OTHER SIDE, maybe that will trigger a sell. Maybe we will have a small kick, then fall into oblivion for another while, till institutions are provided not only with scientific evidence, but also with proof of profits for several quarters in a row?!?
 
I know a lot of posters (thank you Diamond, Ocean) will want to calm me down and tell me to hang on, to be patient. But even if the share price skyrockets in October (I will be happy, no worries), I will still be left completely astounded at the way events can unfold in the stock market. What is the rationale for selling now? Unless Walker has flat out lied, results are great!!!!
Bullboard Posts