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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 RickyBobbyTOon Jul 12, 2022 12:25pm
99 Views
Post# 34818273

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:A must watch PMX presentation by Dr. Kellum

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:A must watch PMX presentation by Dr. Kellum

even if not a single hedge fund was paying attention over here, last July, family offices and institutional bought 10M of paper. That overhang might still exist, those people knowing the company needs money again by reading the statements could be selling to get into this years placement and clipping the warrants again. 

If you don't know the basics, why are you putting real money into the market. Maybe buy into a dry cleaners or something and make some residual cash. You don't even know the rules. It's like everyone else is playing rugby and you've got a soccer ball and you're trying to play with them. 


RickyBobbyTO wrote:

no, people with a brain read financial statements. When they see the well is running dry they start shorting to cover with financing paper and clip a free warrant, relatively risk freez It's how a hedge fund operates. This isn't brain surgery, although for you I suspect it might be. 

 

RickyBobbyTO wrote:

 

are you new to the stock market???? How do you not know this is the question ???? How are you investing money and completely oblivious to this. For you, this is a casino. Stay out.

 

Accountprince wrote: Curious as to how you know this RickyBobby.  Shorting the share price by hedge fund(s) is presumably actions taken by people outside the "insider" crowd - third parties.

Covering with financing paper implies that "insiders" are involved.  Because it's only "insiders" that have the capability to issue financing paper.

If taken together should I conclude that you are saying that outsiders are manipulating the share price downwards by shorting and that insiders will issue paper to help them cover?  That's pretty serious stuff you're saying about outsiders and insiders.  Care to elaborate on what you base this on?  Do tell...

 

 





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