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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

Comment by mercedesmanon Jan 11, 2022 11:19am
213 Views
Post# 34303680

RE:What is (or may be) changing over the next 2 -3 weeks ?

RE:What is (or may be) changing over the next 2 -3 weeks ?Who could have guessed this would happen? 

check,
check and,
?

For further booster/thrust, maybe there has been some positives w.r.t. enrollment, or DIMI testing partnerhips that not everyone is aware of?

Hard to know without an updated presentation or news on enrollment of late.

As of Dec 14 (the post below) we were trading at .225


mercedesman wrote: 1. Tax loss Selling season coming to an end.  Those individuals or institutions that took advanatge, have to wait 30 days if they want back in (Superficial Loss - Canada, Wash Rules - US).  Meaning perhaps: sell pressure Oct/Nov, flat Nov/Dec, buy pressure Dec/Jan ?

2. Short position (last reported Nov 30) was the highest it has been in 4+ years (that's as far as I checked back).  Was that in concert with the price walk down and "negative nellie" campaign witnessed here, Oct - early Dec?  When will it be covered?

3. Any blip up from flat-lined enrollment (for 18+ months) will garner some investor attention.
 Pro:  15 fully recuiting (+25%), SOFA score vs MODS score approach (+25-50%).   Con:  Omicron, if it impacts/overwhelms ICU's.


Get-'em while they're NOT hot (or don't look back with regrets)

MM


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