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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 hmmmmmmmm on May 16, 2024 4:04pm

Wow

Someone is playing.
Comment by hmmmmmmmm on May 16, 2024 4:06pm
-15% swing
Comment by hmmmmmmmm on May 16, 2024 4:20pm
1 Anonymous of course..  took a whole $15k to dump it 15%... play nice now kids
Comment by Spamme54321 on May 16, 2024 4:25pm
The only problem is that there are 300k at the ask at .49. Let's see what happens tomorrow.
Comment by mercedesman on May 16, 2024 4:32pm
Ha!!! It would seem that I reminded the anonymous big fish that they should have grabbed some in the forties while the getting was good.  Maybe the seller will eventually replace them with some 52's?  MM 
Comment by Spamme54321 on May 16, 2024 4:50pm
This post has been removed in accordance with Community Policy
Comment by BlueJays9293 on May 16, 2024 6:38pm
My read on the last ten minutes is that at 3:50pm, TD sold it down with a market order to 52 cents, then 3 minutes later at 3:53pm, another market order sold it thru 50 cents to .485, which then triggered a large Stop Loss order that was in place at 50 cents.  So once 50 cents had been breached, it activated the sell order of the 325k shares that you saw being offered just before the close ...more  
Comment by BlueJays9293 on May 16, 2024 6:51pm
Though it could also have been TD initially sold with .53 Limit Sell order at 3:50, then at 3:53 lowered the Limit to 49 cents and then just let it sit there.  So that's possible as well.  If your trading platform has time and sales that shows the large amount of shares on the offer the whole way down then this is what happened.  
Comment by MacAdocious on May 17, 2024 2:58pm
Don't know who your Big Dog is, but I'm continuing to buy to and through a buck, with any cheese I have extra! Safe travels and Happy returns to all, Mac