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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 16, 2022 4:58pm
168 Views
Post# 34762719

Yeah right,

Yeah right,
after complaining for a bit about how "weird" is the behaviour of this stock, you will try your hand at some logic that will support a steady or, as JustChicken advertised to the max just before the stock slid back down, a sudden jump to 18 dollars (for Dialco and its trillion dollar market soon in a theater near you) and another 30 (for the PMX).

I still hope I will get something out of this.
But what happened today is what always happens with this, until proven false, turd.

Hope crops up and then it is crushed, and no one understands why.

And you lovely longs here are even proud to tell you that they sold at these prices, after learning that the company may just make some money.

The thing is, years ago, some people bought at a price of several dollars and now want to inch down their losses 10 cents/share at a time. And they have no reason, even if they say otherwise, to truly believe their beloved company will actually make them some money.

But it has proven time and again that it is not a regular stock. So, no surprise today. Just deception. Again. But lessons need to be learned...
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