Spectral Medical Inc T.EDT

Volume and proximity to Top Line

[mercedesman]

Took a look at historical share volume on my online trading platform during the period of time of the 2016 run up to Phase 3 data release. 8 years have passed since this event and we are on the eve of another massively consequential event.

Unfortunately I couldn't figure out how to capture/cut/paste the data. 

Observations:

6 months out it was consistently under 500,000 shares per day ( I assume it picks up true volume including dark pools ) - but gradually rising at about 5-6 months out mark. 

3 months out it looked to be averaging between 500k to 800k/ day 

In the last few weeks  there were many well above 1 million share days ( some over 4 million) 

Will history repeat? Not necessarily

Will "Johnny- come- lately's" speculate/participate in the final few months ? Almost for sure. 

How many months left before the Phase 3b top line results are released ( assuming no early takeout)? 
Maybe 5-7 months from now. 

Will longs be selling ? Only some profit takers as and when the price rises. 

Will there be shorting ? Highly unlikely and dangerous 

The share price tripled during the 6 month period leading up to the Phase 3 data release. 


While history may not repeat, longs should take this similar period of time, into account. 

MM

[BlueJays9293]

I know this stock has been worse than a Mexican soap opera, but at some point, the allure of a ten-bagger will kick in.  We are all just animals at our base after all, and those of you looking for a leap frogger, will be hard pressed to find another shot like Spectral, with a genuine scientific theory behind her.  Cheers!