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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

Post by Stocktreeon Jun 18, 2021 3:42pm
167 Views
Post# 33412639

Every time a we say another company's value is greater than

Every time a we say another company's value is greater than
EDT's, we are actually saying this is a bad company for investors. Maybe if you say that for 6 months to a year, you can instill hope that this will pop one day. But when this is has been a recurrent theme for years and years, well it's a good indication that you might be better served elsewhere.

If you say manipulation, then you also are telling other investors this is not a good play to bet on.

And then, if you try to confuse people with daily puns, poetic licence, inside inuendos, obfuscating, etc., what you are really saying is "we better not be talking straight if we want other people to buy into this."

On the whole, this is a really weird company, where the goal is to keep the value of the stock as low as possible, for who knows how long, and where management changes never generates meaningful changes for retail investors.

You want a reasonable chance of making money? Buy something else. You have money you are willing to let rot, this might well be the place for you. But there are plays places where your chances would be a lot better.
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