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Bullboard - Stock Discussion Forum 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... see more

TSX:EDT - Post Discussion

Spectral Medical Inc > Yesterdays "run" to .60 CAD with only 500 shares left at .62
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Post by SouthernTierTom on Mar 16, 2021 9:07pm

Yesterdays "run" to .60 CAD with only 500 shares left at .62

Was talking to Cliff the barber in town today.  He asked me why EDTXF ran like a frightened jack rabbit yesterday.  I couldn't immediately answer and felt obligated to "over tip" as a result cost me a $2 spot.

It was a curious run upon further analysis, I reached out to Marla the Virigin ( our newest and dare I say most attractive STIG member )..."perhaps one of those Canadiens was expecting a DIMI approval for home dilaysis up in Canada", she mused.  "I dunno Marla, but do you know what I like about you"?.....pause..."my arms"...dare I say NY State has really become the home of making dangerous small talk with with the opposite sex and the risk of having pop's bridge renamed ; - )

I digress..as I often do...shares are scarce in this 236M crop, perhaps a rogue seller placed some paper in a precarious position on the ASK list?  Always nice to see someone reach up 15 - 17% higher for something of potential value...perhaps even more importantly, better to see the SP appear to be on a "string" or in "Yo-Yo" mode... look..they can make this puppy "sleep" for nearly 2 decades.

It's been a real pleasure to have Marla on the STIG team and having her insight has proven more beneficial than most know

Looking for more 2018 warrants to be exchanged for EDT paper, our Birch Hill board appointee is on the list and still in a position to display the record of "building of shareholder value" that was advertised some 7 years ago...I remain confident in both him and the Birch Hill team....GO Spectral GO!!!

Starting to think this one is a little different than say some of the other more promoted and less successful Canadien bio plays that are heavily promoted with high SP targets and rather loe levels of success....the beacon of $10/share on the Prothetic ( PLI ) play comes to mind ( OUch )

Hey Canada, when Pierre's buoy is ready to move on, do call Mark Carney...you need a clean up in more than just aisle #1 ; - )....he is your man Canada! IMHO

Bon appetito Canada,
Tom ( from the tier )
PS - careful with the internet Canada .... word is the same peeps working to keep you away here have been waving you in on many stocks that leave you "light on the looney" : - (
Comment by SouthernTierTom on Mar 16, 2021 10:54pm
I'm not by any means a technical expert so I was curious about the "technical analysis" tag you would put on a move like yesterday's spike to .60?  I know people read these charts and see moving averages and such.  Is there a 3 minute moving average?  Howbout the 20 year MA?  As Ben Stiller once said, " I would say it's strong to very strong" ; - ...more  
Comment by mercedesman on Mar 16, 2021 11:44pm
STT i think of myself as a bit of an amateur technical analyst ... so perhaps I can help.   I saw yesterday's bizarre action ( if you blinked you might have missed it) as filling the gap on the broken tea cup handle with some crazy glue. But unfortunately it fell right off again...as often happens on the first attempt.  more warrant exercising by the non- institutionalized ...more  
Comment by AmorFatiforlife on Mar 17, 2021 1:46am
My theory is that someone just put a Market limit order and bought up all the shares up to the $0.60 instead of buying and filling in chunks, then the algos replenished the cheap shares to bring the stock price back down to where "they" wanted it to be. IMHO of course. Regards
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