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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 > Falling Short(s)
View:
Post by mercedesman on Dec 21, 2021 11:12am

Falling Short(s)

More than 1/2 of the Short postion (highest level achieved in the past 4 years on Nov 30th)  was covered as of Dec 15th.

Still about 1/2 left.

I wonder why the change of heart ?


MM

PS:  8 more sleeps until the end of tax loss selling.  But perhaps more relevent is all the 30 day count-downs in effect now.  Small caps tend to like January.
Comment by Accountprince on Dec 21, 2021 11:54am
Lots of interesting signs MM.  As you point our the short positions are down by 50%.  No insider buying since the share issue in July of this year.  Have they lost interest?  Not according to Seto (virtually all after tax cash used to buy) and Kellum (never seen a better opportunity in his career) in their early December presentations.  So why no continuing buying with ...more  
Comment by mercedesman on Dec 21, 2021 12:15pm
Could be AP !? Also curious that the Presentation has been removed.  All it states is "Coming Soon" In the past we always had the previous, or most recent presentation to rely on. I wonder what new investors, doing their DD, might be able to refer to? Enrolment stats, i would think, is a rather material thing to keep shareholders updated on?  Would you not agree? I'm ...more  
Comment by oilandgasman on Dec 21, 2021 12:23pm
Not the best week for news and next week is the worst, step to it now would be my feeling.
Comment by SouthernTierTom on Dec 21, 2021 12:30pm
OH I know that song! ....doesn't it go on as follows? ;  Lots of interesting signs MM.  As you point our the short positions are down by 50%.  No insider buying since the share issue in July of this year.  Have they lost interest?  Not according to Seto (virtually all after tax cash used to buy) and Kellum (never seen a better opportunity in his career) in their early ...more  
Comment by hmmmmmmmm on Dec 21, 2021 1:03pm
The one issue with that theory is that Seto has been buying on the open market with the material information of the Feb 2020 Baxter deal still kept secret to him and a select few. WHAT IS THE VALUE AND CONDITIONS OF THE DEAL OUR COMPANY HAS PARTNERED INTO? We don't have any idea of the agreed upon 60% milestone payment, or the size and conditions of the final partnership payment.   ...more  
Comment by Accountprince on Dec 21, 2021 1:49pm
hmmmmmmmm...I hear you loud and clear on that.  Can't disagree with you.  And we know the company monitors this bullboard as diligently as the NSA monitors everything.  And no rational response or rebuttal for them on that issue - just change of topic.  Very curious. Another sign, sign everywhere a sign...?
Comment by mercedesman on Dec 21, 2021 2:09pm
"And what does the trial completion bring? It will soon be a year. Why is the MATERIAL detalis of this PARTNERSHIP still hidden? Why are some in position trading on this info?" - hmmmmm Bingo, bango, bongo ! Logic suggests that this would be promoted and Nas-da-queued if there was not more to the story.
Comment by hmmmmmmmm on Dec 21, 2021 2:27pm
Apologies. On Feb 4th it will be 2 years. No info.
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