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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 Revtenon Feb 23, 2024 2:58pm
146 Views
Post# 35896281

Screaming Buy Territory

Screaming Buy Territory Here are todays numbers so far. Sure it stinks to see the Drop in the last couple days.....But....
House Positions for C:EDT from 20240223 to 20240223
House Bought $Val Ave Sold $Val Ave Net $Net
85 Scotia 101,050 51,571 0.51 0   101,050 -51,571
33 Canaccord 30,000 15,600 0.52 4,840 2,598 0.537 25,160 -13,002
7 TD Sec 7,736 4,122 0.533 488 267 0.547 7,248 -3,855
13 Instinet 5,000 2,600 0.52 0   5,000 -2,600
19 Desjardins 3,000 1,560 0.52 0   3,000 -1,560
14 Virtu ITG 1,500 770 0.513 400 216 0.54 1,100 -554
36 Latimer 0   101 57 0.564 -101 57
1 Anonymous 45,340 23,478 0.518 52,500 26,917 0.513 -7,160 3,439
80 National Bank 7,148 3,574 0.50 20,143 10,322 0.512 -12,995 6,748
2 RBC 44,601 22,509 0.505 59,403 29,441 0.496 -14,802 6,932
9 BMO Nesbitt 2,000 1,030 0.515 18,500 9,705 0.525 -16,500 8,675
28 CI 0   25,000 12,615 0.505 -25,000 12,615
59 PI 0   27,500 14,575 0.53 -27,500 14,575
79 CIBC 41,000 20,602 0.502 79,500 40,705 0.512 -38,500 20,103
TOTAL 288,375 147,416 0.511 288,375 147,418 0.511 0 2

 

What has changed?

1. We got a Confirmation from Baxter that they are in All The Way! HUGE Positive. 

2. Enrolments have increased substantially and results have not changed. New sites coming on soon. HUGE Positive. 

3. Financing is inevitable however an Offer will be instantly bought (if they are not all ready spoken for by Baxter) Money is not a problem. HUGE Positive. 

Like I mentioned yesterday we MUST get to 150 Enrolled and that will take TIME. ....Time is now on their side with Baxter on board so they will use the time to do what is in their best interests (regardless they want a winning End Game for themselves and if we are holders we will benefit also...patience) 
AccountPrince you are Absolutely Right on the Options Season! Once they are done doling out to themselves the SP will head North again and likely quickly so that they can start working on the July Warrants. Back to .60 Cents and quick! When I say quick likely over a month or 2.....from now IMO. 

So I am saying "SCREAMING BUY Anywhere in the 40's!!

I did not think we would be here again but it has happened over and over. The only difference this time is The Finish Line Is Much More In Sight! 

How long it stays at the levels we don't know. But not long IMO.

This story is still heading straight to an FDA Approval with or without us! I Choose to stay Firmly On Board! 

Will be Selling in The Dollars! 

Cheers 
Rev
 

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