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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 BlueJays9293on Aug 13, 2024 9:28pm
139 Views
Post# 36177747

RE:TODAY’S NUMBERS

RE:TODAY’S NUMBERSThe thing that I'm really impressed at with this huge uptrend, is that it's being done with what most people would call modest volume.  I pulled up Rev's post and looked at his daily recaps/numbers for the last 10 trading days, and it was shocking that this move is happening with like what, one day above 500k in total volume, maybe another with like 400K, and then a bunch of 200-300K days, that's crazy to me.  Just take today for example, 355K in shares traded at 70 cents Canadian, that's only a quarter of a million Canadian dollars changing hands, I think most of us would agree that that's modest volume.

Anyways, thanks again Rev for making it so easy for me to look at your daily numbers because you really can't capture what's going on by looking at the volume numbers on a basic chart.  Speaking of chartist, I look forward to our resident chartist MM talking about our coffee mug formations and our inverted frying pan crossing with a decending Moon of Jupiter.       
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