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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 > Sequence of Events...
View:
Post by mercedesman on Dec 23, 2021 12:07pm

Sequence of Events...

July 20 price falls 7.7 % from .52 (July 19th close)  to .48

July 21 Spectral announces $ 10 million dollar offering (catching many retail investors off guard.

https://stockhouse.com/news/press-releases/2021/07/21/spectral-medical-inc-announces-10-million-offering

July 21 BSWild is born on StockHouse

4th post (that same day) scathing attack on CEO
"...How can you be a leader if this is your character? How do you walk with your head high into meetings?..."
https://stockhouse.com/companies/bullboard?symbol=t.edt&postid=33585430

Stock falls to .395 that same day. Another 18% down.

BS Wild continues to bash relentlessly for about 2 months. Stops posing Sept. 29th

Stock falls steadily until it hits a new recent closing low of .22 on Nov 22

Miraculously .22 is the price at which BS Wild says he bought more.

After a 2 month sabatical from SH
BSWild - shows up and posts again on Dec 2
"It was the most respectful and truthful presentation to date. Even the effort to learn and grow from past mistakes is a big step forward for this company."
https://stockhouse.com/companies/bullboard?symbol=t.edt&postid=34192533


Since then mostly kind words about what a great job Seto et al did during the investor presentation.

Summary
  • Bashed relentlessly from the same day he was born on SH throughout the period of the largest percentage drop in share price since Oct 2016.  Mostly about how Seto's words didn't match his actions.
  • Then he apparently goes long at the exact lowest closing share price
  • Claims that he bought back in based on Seto's words during early Dec presentation 
  • All coinciding incredibly well with "surprise" financing and tax loss selling season.
And we are supposed to believe that the most negative poster in recent memory (typically on one specific topic - i.e  ALL about how Seto has failed) had suddenly done a 180 based on one presentation !?  And of course he wasn't at all talking his book, nor following instructions -  at any time from July 21 to today?

Riiiiiiigght  !!!

We have not seen a 180 like this since Josh 19.  Hmmmm ?

And I thought the Russians were good at manipulating weak minds via Social Media.

MM
Comment by BayStreetWild on Dec 23, 2021 12:22pm
I saw what everyone else saw. Garbage. A refusal to admit mistakes. The biggest drop in price happened after the company didn't live up to a single promise since the financing. I'm not the scapegoat for every missed goal in 2021.  You think I'd rather the price went down from .60 to .22 and put me deep in the red so I can pick up half more of a position? No. I'd rather the ...more  
Comment by mercedesman on Dec 23, 2021 1:16pm
No you're not the scapegoat...silly You appointed the CEO to that role...until you did the 180 on Dec 2.  MM PS I am no particular Seto fan myself.   I see his role as being more of a care-taker, at the end of the middle game and, the beginning of the end-game.  The timing of when things start to move is really more under the purview of other forces/insittiutions ...more  
Comment by Domino55 on Dec 23, 2021 2:05pm
Bay Syreet before you go, what price do you see them hauling in their 2022 options at? Your guess will be better than mine.
Comment by BayStreetWild on Dec 23, 2021 12:24pm
Your stupidity is astonishing.  Also you crave the bashing. You manufacture it. I saw you change to a basher the second that their December presentation happened. It's you that wants the price lower.  I just want them to do what they promise to do. 
Comment by mercedesman on Dec 23, 2021 1:19pm
Not since the 19th of Josh, 2016 has a poster done more of a 180. Although I'd have to say that yours was more clearly self serving. Amazing how guys like you tend to show up at extreme turning points (outa no where)
Comment by oilandgasman on Dec 23, 2021 12:25pm
How is it two posters have parallel neuroses, writing styles and histrionic grudges? You shouldn't post when you're angered STT, it gives the MM handle the look of a fraud.
Comment by BayStreetWild on Dec 23, 2021 12:39pm
this is very misleading. I came to say my two cents after I opened my trading account and saw I was down 10% on no news and than another 20% in financing news. For two months I was asking what was going on. While the price floated between 37-33. When I was done venting I left for a few months and bought when it was at 22 because at that price the shares are being given away. Secondly Seto said ...more  
Comment by mercedesman on Dec 23, 2021 1:26pm
Not misleading All facts...that happen to be very suspicious when you look at it in its entirety.  The 180 was where you lost ALL credibility. YOU spend two months lambasting a guy for making false promises, and then you listen to one presentation and decide he is all of a sudden good for his word.  (after your bought back in of course)
Comment by BayStreetWild on Dec 23, 2021 1:29pm
I also lambasted him after a 6 figure loss right after financing. I wasn't pumping like you were to try and off my position at a higher price. 
Comment by BayStreetWild on Dec 23, 2021 1:32pm
I'm also still not pumping. And the price is still going down despite me still taking a loss. So I dont really get what your point is? 
Comment by mercedesman on Dec 23, 2021 2:02pm
Never said you were a pumper.   Just an empeccably timed ventor (taking aim at a largely irrelevent target) that knows when to stop on a dime and then do a 180 (largely for self-serving reasons). Good on ya.
Comment by BayStreetWild on Dec 23, 2021 1:33pm
all I said was I added a very insignificant amount of shares to an already deep in the red position at 22 cents because I saw that management was acknowledging shortcoming and said they'd work to fix it. That's not a change of anything. I still continue to lose money. 
Comment by Accountprince on Dec 23, 2021 2:04pm
MM - you have analyzed BS Wild and his sudden appearance, strategy for being here and called him out for his garbage.  Thank you on behalf of all the true shareholders on here.  Hopefully he keeps his word and stays away until the end of Q1 - or longer if we're fortunate. At least we now know that oilgasman is attached to BS Wild given the "inboxing" each other.  So ...more  
Comment by mercedesman on Dec 23, 2021 2:33pm
Thx AP I'm now done with BSW and his BS...even if he breaks his word and sticks around. 2022 promises to be very interesting. Toray, Birch Hill and Walker didn't invest 20 years for nothing. The dialysis industry needs a few more entrants to serve the about to explode home market, and soon.   And Kellum sees this as a once in a lifetime opportunity ! Off to do some last ...more  
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