Spectral Medical Inc T.EDT

3X the EBITDA estimates?

[mercedesman]

“Management also highlighted that this strict enrolment is a function of the trial requirements and is not a reflection of the market for PMX. In fact, it is seeing an average of 1.2 patients per week that could be treated with PMX. Extrapolating across the ~6,000 hospitals in the U.S. would mean an annual addressable patient population of ~350,000. This is much higher than our current assumption of a 120,000 per year market and provides upside opportunity to our estimates,” he wrote.

Spectral Medical is undervalued, says Paradigm - Cantech Letter


So, to summarize we seem to have:

1. Improving pace of enrollment (finally) over several months, and post Investigators Meeting and new CRO appointment.
2. Much higher usage now anticipated based on patients coming forward as possible PMX candidates (but that don't meet the strict Trial criteria). Suggests an even more dramatic undervaluatioin. See above.
3. Phase 3b confirmatory Trial that continues to "exceed expectations" (I wonder, when do we hit statistical certainty of "confirmation", for the Trial as a whole?)
4. No reason to expect that Baxter (the presumed multi-billion $ Distributor who has already ponied up millions) won't pony up millions more before or shortly after year end, thereby financing a good portion of the remaining trial costs.
5. Possibility of early stoppage.

A steal in the .20's and .30's !?!?

MM

[mercedesman]

What? No counters to even one of the 5 key points?  I suggest that is no effective counter - so the FUD workers need to divert attention to lesser matters ( in the grand scheme)  E.g. " the SP is low because of x,y or z" Of course it's not because the FUD workers are working hard to make it so, by discouraging any kind of new demand. Ironically it's almost

[hmmmmmmmm]

But the Carnival Barker is paid to bark- so he continues no matter that the field is empty, or that people long ago lost interest in the bearded lady (after seeing the strings the hold on her sad beard).. Barkers have to bark and shills have to shill.

[mercedesman]

Hmmmm... You seem to be  saying that, like the bearded lady, Spectral is all a fake, and it exists just to take our money !?!?!? Do me a favour, please don't tell the following list of ( who you must therefore believe are being equally) duped individuals/entities: Walker 25 years in, and inventor of the EAA Toray - the billion dollar PMX developer (complete with 350,000 uses

[Revten]

Well Said MM and Nothing But The Truth...And The Facts!!! This Wanna Be Stock Guy Is Barking Up The Wrong Tree! lol.. Time Will Tell And Too All I Wish You Well! Rev

[Bagelboy74]

Some huge volume so far today. $1.50. All this big news is really making an impact I see. Go Canucks! 

[hmmmmmmmm]

You can call what you want. What I do know is for the last 3+ years we've heard a ton of promises when they need money- and close to zero of those promises have come anywhere close to being realized. We've seen the yearly raises where around 10% of the float is printed.. around 10M is raised.. and a year later we are in the same spot with little to nothing show for it. We have a rookie

[mercedesman]

I hope that you voted accordingly. I know that I did. Sorry that I may have confused you with BSW or St, it's hard to distinguish your messages at times.  Especially those individuals that claim that they sold out something like 90% to 100% of their position, and then decide to stay on to bash the Company mercilessly for years on end. Of course anyone that sold 100% of their positon

[hmmmmmmmm]

Ha. yes, I often post from my phone and spelling errors slip through...  but that's some pretty soft irony. After all a spelling error is free and easy, where incompetence like say- hiring a President for a division of the company you say you can't fund for a couple months- that then cost investors 1/10th of the yearly budget in a ridiculous severance..  That quite different

[BayStreetWild]

But there was a financing around the corner so at least it looked on paper that something serious was going to happen. I liked the news when he joined. Missed the news when he left though.... 

[Revten]

Got a Nice Fill at .29 a couple days ago! In the 20's or 30's this is Free Money! Patience is The Key....but certainly loving the Uptick In Enrolment..... could we be seeing the Reverse of the Underperforming Trend of the past???...and many will be Left Behind as the Surprises come in?? Let The FUD's do their thing....it works right into our hands at the End Game... which is inevitable