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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 > On balance …
View:
Post by mercedesman on Feb 22, 2024 11:16am

On balance …

.. they met my expectations in terms of " excitement generated" 

"Buy on rumour" As usual, the time to invest is during anticipation of future news - like 6 months ago. Not so much on " news".  Remember what the nay-sayers we spouting when the stock was .25 to .30 just about 1/2 year ago. So after a 100%+ appreciation they complain once confirmation off the expected is formally released. 

Although as far as future SP appreciation, I'm sure that we can rely on the slow dissemination of word of mouth news south of the border ( via Baxter connections)  and grinding through the remainder of the Trial. We do know that excitement increases as the Trial gets closer to completion ( per JK in the next 12 months) 

So positive confirmation with little to no fan-fare. Very Spectral-esque. 

Also interesting - JK has suggested that they may be a little less enthusiastic about tipping their hand about Trial results so far. So investors are advised to manage their expectations accordingly. 
 

So I predict a reasonably steady but perhaps slower than liked  climb in SP - unless of course Baxter decides to expedite things for the purposes of their Vantive IPO .

MM

Comment by BayStreetWild on Feb 22, 2024 12:11pm
No, you can expect a financing and the price to go back to it's resting state in the 30s again.
Comment by mercedesman on Feb 22, 2024 1:24pm
Disagree totally that we'll see .30 again.  If we do it'll be good for me.  Although I like your ST Market Cap projection ( ST = less than one year) " I can see this hitting 300-400M market cap on speculation at trial completion"BSW Perhaps a tad light   On completion, I disagree with that projection as well . ( ie you're off)  I'm also ...more  
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