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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

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Post by oilandgasman on Jan 20, 2023 10:54pm

IDK...

I’m mystified why this hasn’t been kicked in the teeth price wise, as much as any of us “speculate"  those better connected (The funky Alberta 80 and friends hold tight) seemingly with some assurance in the face of what looks like a driving poo storm of recent news….I’m not sliver lining anything but I don’t get it?  No way re-pumping stale Baxter news holds the price in the high 30's given the pathetic enrollment numbers and what looks like withholding negitive information on DIMI.
Comment by mercedesman on Jan 21, 2023 9:38am
likely for the following reasons : 1. holders know if they can get PMX over the goal line, from the 5 ytd line, it's a 10X + 2 we are repeatedly told odds of eventual success are increasing with every patient added ( eg " continue to exceed expectations")  3. there was never any value assigned by market to SaMI/DIMI in the first place. Take it away and it's still zero ...more  
Comment by hmmmmmmmm on Jan 21, 2023 12:05pm
Or like the rest of us they see the volume and are very aware that they couldn't get out. A big $7K traded Friday. You'd be hard pressed to sell off a few hundred thousand- forget about a few million. They'd also be aware that if they kicked it down in protest- there's little on the horrizon to bring it back up. I'd imagine issues are playing out behind the scenes- and we' ...more  
Comment by mercedesman on Jan 21, 2023 11:13pm
I guess I'm more of a glass half full guy.  Let me recheck the math... (170+50)/(170+90)= 220/260= .846 Sorry.  Let's make that the 15 yard line.  I think there must have been a 10 yard penalty on that last play - intentional grounding.  Maybe the QB will call an audible, based on a suggestion from FA80 at the last second, in order to change things up ...more  
Comment by hmmmmmmmm on Jan 22, 2023 3:24am
More likea a guy who tries to sell a glass that isn't there.. You can bring in a different trial, that started in 2010, under different management - but it's disingenuous and doesn't make your picture any prettier.  The Tigris trial was approved April 3rd 2019. That is almost 45 months ago and this management has enrolled 50 of the 150 patients needed into the trial. You ...more  
Comment by mercedesman on Jan 22, 2023 10:32am
Not disingenuous but reality.  Tigris is a 3b confirmatory add-on trial, whose results must be combined with Euphrates results in the final data analysis ( and likely at Interim data analysis ) Also a reality that 2020 to mid 2022 was pretty much a write-off period for any ICU based trials. But with a weak pace of late, I agree that some creative changes ( other than adding or modyifying ...more  
Comment by joe0301 on Jan 22, 2023 12:54am
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