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Prince had it right! Time to party like it's 1999!
7 cents looks pretty good now! Shoulda loaded more, but I've been burned too many times on this.
Wow! Deja Vu.
I suppose this makes me insane. Attempting the same thing and expecting different results. 30 cents looked good. Then 13 cents looked good. Now, 7 cents don't even look good.
At least my hope for Delcath was tempered by my previous experience and this loss was limited. I thought, like I have on a few occasions, that this time might be different.
Boy, do Delcath and my ex-wife have a lot in common. Probably best to walk away from here and never look back.
I do believe it will come back up a good bit. I am holding some, but sold most yesterday. I suspect it will be shorted hard today, though. I'll buy back after the shorts bring it back down and sell when they cover!
That is my opinion and plan. We'll see if it is sound. My crystal ball is quite foggy. Clay is easy to predict, though. A nice gain gets his attention.
I'm not too good at predicting stock prices, but I'm pretty good at predicting board posts.
Within 2 hours, Hello, I'm ____. Today, we will be looking at the 30 minute candles.
Then a totally and completely unrelated coincidental drop in share price tomorrow.
20% increase in revenue and not a peep on the message board? Wonder if anyone listened to the conference call?
Well, imagine that! Delcath leaving the shareholders hanging. Who woulda thunk it? Maybe I'll come back in another 6 months or so to get burned again.
Wow! How did you get in my brain? I'm with you 100!
Currently, HMNY looks like what was going on last January with DCTH when I was tracking level 2. MAXM is right at the lowest ask, fluctuating between first and second place.
I'm not looking at who is selling. They are on the bid and ask. I did a detailed tracking of the bid and ask back in January 2018 for DCTH. MAXM was very aggressive at that point, with the lowest ask price most of the time.
I still have the Excel file. For example, on 1/23/18, they started out with an ask of $8.00 per share. Around 9:00, they reduced it to $5. Around 9:30 (central time), they jumped to their normal spot of the lowest ask at .0312! Shortly after, they reduced it further to .03 even.
They don't seem to be as aggressive now, with the total shares of around 160k. I haven't watched it for a while, so their presence may be common place. However, I don't get a good feeling seeing them there at all.
Hello, MAXM, my old friend
I’ve come to lose to you again
Because I thought it had bottomed out,
Now I see you and pout
Painful memories burn my brain
How my account you did drain
Oh, how I hate the sight of MAXM
That's my fault. Tested the waters with a little buy. I'm a jinx for Delcath! (OK, maybe just a jinx for any stock I buy!)
Thanks for the new source of info, shorty! I hope all your forecasts work as well as this. If "dropping" equals 25% gain, I am a follower! Your other tickers are now on my watchlist.
Well, whatever caused the 15% gain today, I'll take it. Short squeeze, pump and dump, whatever. It's been pushed down hard, so to me, looks like heavy shorting. 21% now, so perhaps I shoulda held out a bit.
Time to cover! Looking like time for a short squeeze! Fun Friday?
Well, MAXM is in the lead again. 1,000 on the ask at 53 cents.
Some have asked when is a good time to buy this. Definitely not when MAXM is in the game.
Awesome!
Trust me, I believed in this company full-heartedly.
I still believe in what they are doing. They have a great product and are not only extending the length of lives of terminally ill patients, from my research they seem to be improving the quality of the remaining time for people as well.
That is all great. That is why I invested a large (for me, since money is relative) amount of cash in this. It is a large reason why I held onto that stock as it continued to plunge. There were several pending good catalysts that would hit at any time and bring it back up. Or so I thought. I, like many others here, lost heavily. Personally, I foolishly stuck with it waaaaay toooooo loooooong and lost upwards of 90%.
I did try to find a way to short this stock this week. I was unsuccessful. My posts have absolutely nothing with an attempt to drive the price down. My posts have absolutely no power, whatsoever. I still keep an eye on this. I still receive email notifications from the company (you can sign up for that on their website).
Seeing MAXM back in play after this failed attempt to raise the cash took me back in my mind to those horrible months of watching my hard-earned dollars take flight. That has nothing to do with how great of a product they have or the fact that I still do believe in what they are doing. It has everything to do with a horribly run business where the C -class folks have champagne tastes on a beer budget. They rely on suckers (shareholders) to continue to pour in and fund the dilution.
And I just wasted my time. You will think I am just a basher. Just like I did a year ago when others warned me as well.
Good luck to you. Watch what I say. I was wrong on this stock very often. I could certainly be wrong again. If my prediction is right and MAXM does take a pole position on the ask, just remember what I said and please consider using extreme caution.
I've never shorted, but I tried to short this when I saw my old friend MAXM had returned to torture DCTH longs.
Yes, today is one of those rare days when it would have been good to buy shares of DCTH in the morning and make a quick profit. Kudos if you did so!
Beware, though, MAXM is not gone. They are still sitting at $80 on the ask. They won't stay there long.
On 1/24/18 at 1:15 pm, they were sitting on the ask at .0295.
On 1/25/18, they were at $8 every time I looked (12 times documented)
On 1/26/18, they were at $8 every time I looked (17 times documented)
On 1/29/18 at 9:45 am central time, they were back at .0359.
Why in the world would I know that? I tracked it for a couple of weeks to see if my observation of the aggressiveness of MAXM's selling was accurate. It was.
Today is a break day. Soon, they will be back.
I agree with your projections.
Sad that all this has gone on and still no mention of pay cuts to the elite at the top. It would only be a drop in the bucket to the cash bleed, but would sure go a long way toward improving investor trust.
But, I suppose that just reinforces the fact that the only investors they care to court are the horrible cash advance type sharks.
Good luck! MAXM is back in play, though.
So to compare apples to apples, "last time" should look at when MAXM was in play. Right now, MAXM is on the ask at $80. On 1/23/18, for example, MAXM was on the ask for $8 at 8:30 and 8:45 (central time). At 9:00, they dropped to $5. At 9:30, they jumped to the low ask of $.0301.
That was a typical day for a long time.
My guess, with their track record and pattern, by 9:45 central time today, they will be leading the pack in the $1.15 range and move down throughout the day.
When they back off (could be months and most likely far sub-dollar, in my opinion), your expected bounce will likely come. My guess is that will be a while and the bounce won't be near $5.
I'll buy a share at .10 and wait for the reverse split. It'll drop to .05, 500:1 reverse to $25, sell immediately and may get $20. About the only way to trade this.
Dude, you are either new or a paid pumper. If a paid pumper, you have no skin in the game, so whatever.
If you are new, Look at the history of this stock. I have detailed ask prices from around January of this year. MAXM was extremely aggressive on the ask. Same pattern is appearing again.
I lost a lot by foolishly believing in this company. Just throwing you a little favor if you are new and naïve as I was.
Wow! MAXM at $1.18. I've wondered why they never went back to NASDAQ. It hovered around the $3 per share range for a long time. I guess they knew their backup plan in the case of a failed warrant deal was going to be running back to the old lover, MAXM. With that toxic relationship, NASDAQ compliance would not last long.
Tomorrow, MAXM will take it below $1.
Thanks! I've never shorted. I lost a ton on this last time MAXM was around, so I thought I'd try to make some back going on their side!
Is there anywhere you can short this? I have never shorted a stock, but with MAXM in play, I actually tried. Unable to on my broker.
Exactly! As they have in the past.
I'd give it more of a 5% chance now. There have been a lot of ugly turns, but this one may be the one that breaks the camel's back.
Why the 15% drop? Oh, nevermind, level 2 tells a very frightening story fit for October.
Once upon a time, there was a stock named DCTH. Extremely poor financing deal after extremely poor financing deal plunged investor balances into oblivion. Level 2 showed a battle ground on a continual basis. MAXM would take the lead with the lowest ask. CDEL would not settle for second lowest and jump lower. The battle continued until investors were wiped out.
Then, one day, a new plan was developed. An inkling of hope was given to investors. That is, until it failed, probably due to the extreme lack of trust investors had for DCTH after all of the shenanigans over the past year or two.
So, alas, just in time to frighten any seasoned DCTH investor, MAXM and CDEL came back into the fray at 1.71 and 1.72 ask, respectively.
The moral of the story, DO NOT INVEST HERE IF YOU SEE MAXM ON LEVEL 2!!!!!!
Hopefully, many made back some of their losses on the recent jump to $10. Personally, I bailed way before that.
Wow! I still get email notifications from the company. There have been a lot lately, so I don't usually read them. I've been out for a good while now, but still watch it. I missed this last run up. Hopefully, some of you made some of the losses back.
I was just thinking it looks like it may be a good time to buy, but then I looked at level 2.
I think I have Delcath PTSD. Seeing MAXM at the top of the list on the ask immediately brought back flash backs of the horrible loss suffered on this stock.
Great minds think alike! Mine is at .02 as well.
Does anyone show level 2? Nothing showing on TD, but I have a bid out there. Just wondering if there is somewhere that shows level 2 yet.
Even better!
They had discussed rolling out a family plan a while back. I'd pay $40 a month for myself and 3 kids to go see up to 3 movies per month. Same as buying 4 on the current plan, but the convenience of getting all 4 on one card at a time.
I never saw the details of their plan and it has probably been put on the back burner until this mess gets cleaned up.
I sold a plan at lunch today! A friend is interested and had not heard of it. If we all tell 2 friends and they tell 2 friends . . .
I've been waiting for the family plan, but may go ahead and purchase a couple of the regular.
Remind you of another stock with a horrible drop in share price? This one was even worse!
We've been Clay'ed. 22% gain yesterday popped up on his radar as being a good stock to short. His minions are the ones selling. Like clockwork. He posts, and the following day is a strong short attack. I was wondering which would prove more powerful today, the news or the Clay crew. Right now, they seem to be winning, but the day isn't over yet!
Looking good! More on bid at 7 than ask at 8!