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I meant to say "naked" short as opposed to "regular" shorting.
Yes, the hustle was disturbing.
Patrick Byrne is a controversial character but I like him.
His scathing article regarding mashed shorting (2008) is very good.
It's not your fault if jmma invested based on certain messages but he/she may not can "prove" anything to you if the post was deleted.
We've had several deleted tonight...lol.
And to be fair, your $77K alone would certainly be a "fortune"
for me. On the other hand, it may be a pittance to someone much wealthier than yourself.
Total amount, as you well know, is relative.
I doubt Cohode's gonna be shorting OSTK any more..lol
Sorry, figured it was common knowledge.
What the hay? Somebody got something against Winnie?
"You have enemies? Good. That means you've stood up for something, sometime in your life." (Sir W.C.)
I've tried very hard to figure out what's going on with this company. I'm amazed that I and some acquaintances were able to uncover a helluva lot.
I'd recommend everyone read about how Patrick Byrne won his battle against the crooked dark side of wall street (naked shorts) and I'd recommend even moreso watching "The China Hustle".
Yes, you keep saying that.
I once new a dude who was allergic to dandelions.
Some people are more resilient to toxins than others. It's usually the toxic ones that can't take the poison :)
On a tree by a river a little tom-tit sang "Willow, titwillow, titwillow"
And I said to him, "Dicky-bird, why do you sit
Singing 'Willow, titwillow, titwillow'"
"Is it weakness of intellect, birdie?" I cried
"Or a rather tough worm in your little inside"
With a shake of his poor little head, he replied
"Oh, willow, titwillow, titwillow!"
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SNS, Correction: you say "she could be walking on the edge off fraud...."
More accurately, she's most likely dredging deep in fraud and walking on the thin fringed edges of the law.
Big difference, and although she's not alone, we're talking about delcath....not other shady companies... and it's wrong and unacceptable regardless of how often it's done and
gotten away with.
SNS, it is Not "satisfying" for me to blame the crooked CEO for my losses. My losses are no one's fault but my own.
I submit that it is shallow for you to assume that school of thought.
This is not the only company I've lost money to and I never blamed those CEOs for my losses. I've made some good investments and I've made some bad ones.
My dcth losses are minuscule compared to some, yet being involved with this company for so long has brought this BoD to my attention and so I continue to follow and dig for evidence.
One need not dig too deep
in order to hit pay-dirt
with this crew, however.
Will that evidence amount to any satisfaction?
Probably not, but the few who've succeeded in busting the big boys in the past didn't succeed by giving up or being deterred by those who cry
"There's a conspiracy-theorist amongst us!"
I'm not bitter at JKS and co. because I've lost money.
I'm pissed b/c I see what's going on. I'd be just as pissed if it spiked to $23/sh pre-RS.
It happens every day with hundreds of stocks, but I'm not privy to those right now.
When/if I become involved and familiar with a crappy, crooked management team in the future, I'll go after them with the same passion.
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SNS, it has little to do with comfort; it's reality.
Many of us have had to accept the worst case scenario
(that is, that she and the others
are bad-actors)
as a reality in order to keep proper perspective on
why we're here.
All other indicators aside,
No CEO worth his/her salt leaves investors
in the dark like this.
Doesn't matter. Do you know how difficult it is to get Facebook to cooperate with you when you're trying to remove an irrefutably fake ad, or, more disturbingly... a fake profile?
This is so much bigger than data mining, ads and Cambridge Analytica;
Facebook's been cruising for a bruising for a long time over a plethora of privacy issues.
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I have a knack for generating PR. If I avg down, they'd announce "RS effective Immediately". Lol.
Holy crap! Facebook being sued big time for defamation.
http://www.bbc.com/news/entertainment-arts-43857921
A natural disaster. Black Delcath Bay.
Up on the white veranda,
She wears a necktie and a Panama hat.
Her passport shows a face
From another time and place;
She looks nothing like that.
And all the remnants of her recent past
Are scattered in the wild wind.
She walks across the marble floor
Where a voice from the gambling room is callin' her to come on in.
She smiles, walks the other way
As the last ship sails and the moon fades away
From Black Delcath Bay.
As the morning light breaks open, the Greek comes down
And he asks for a rope and a pen that will write.
"Pardon, monsieur", the desk clerk says,
HCarefully removes his fez)
"Am I hearing you right?"
And as the yellow fog is lifting,
The Greek is quickly heading for the second floor.
She passes him on the spiral staircase thinking he's the Soviet Ambassador.
She starts to speak, but he walks away..
As the storm clouds rise and the palm branches sway
On Black Delcath Bay.
A soldier sits beneath the fan
Doing business with a tiny man who sells him a ring.
Lightning strikes, the lights blow out;
The desk clerk wakes and begins to shout,
"Can ya see anything?"
Then the Greek appears
on the second floor
in his bare feet with a rope around his neck
While a loser in the gambling room lights up a candle
Says, "open up another deck"
But the dealer says, "attendez-vous, s'il vous plait"...
As the rain beats down and
the cranes fly away
From Black Delcath Bay.
The desk clerk heard the woman laugh
As he looked around
at the aftermath
and the soldier got tough.
He tried to grab the woman's hand; said, "here's a ring,
it cost a grand"
She said, "that ain't enough".
Then she ran upstairs to
pack her bags
While a horse-drawn taxi
waited at the curb.
She passed the door that the Greek had locked,
Where a handwritten sign read, "do not disturb".
She knocked upon it anyway
As the sun went down and the music did play
On Black Delcath Bay.
I gotta to talk to someone quick
But the Greek said,
"go away!" and kicked the
chair to the floor.
He hung there from the chandelier
She cried,
"help, there's danger near!
Please open up the door".
Then the volcano erupted
And the lava flowed from
the mountain high above.
The soldier and the tiny man were crouched in the corner
Thinking of forbidden love
But, the desk clerk said,
"it happens every day".
As the stars fell down
and the fields burned away
On Black Delcath Bay.
Now as the island slowly sank
The loser finally broke the bank in the gambling room.
The dealer said, "it's too late now. You can take your money, but I don't know how
You'll spend it in the tomb".
The tiny man bit the soldier's ear as the floor caved in and
the boiler in the basement blew.
While she's out on the balcony, where a stranger tells her,
"My darling, je vous aime beaucoup"
She sheds a tear and then begins to pray
As the fire burns on and
the smoke drifts away
From Black Delcath Bay.
I was sitting home alone one night in L.A. watching
old Cronkite on the
seven o'clock news.
It seems there was an earthquake that
Left nothing but a Panama hat
And a pair of old Greek shoes.
Didn't seem like much was happening so I turned it off
and went to grab another beer.
Seems like every time
you turn around
There's another hard-luck story that you're gonna hear.
And there's really nothing anyone can say....
Hell, I never did plan
to go anyway
To Black Delcath Bay.
(Black Diamond Bay, Bob Dylan)
Consider, if you will, Patrick Byrne, a wealth of convo material.
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No problem, Kelly. Sorry about that. I know several Kelly's of either gender. I'm often mistaken for a he as well....among so many other things.
Lol.
Love it, though
No sir, I never said "you" ever posted anything about "the bottom". I stated that others have been posting that "this is the bottom" for months, perhaps even for a year.
I've only seen a couple of your posts and you've introduced yourself as a "new trader" seeking advice. You also stated that it was difficult to discern if this was actually the bottom b/c of the numerous posts.
Nothing was said about you or directed at you. It was merely an observation based on your question and based on documented sentiment on this and other forums regarding "finding the bottom" of dcth.
.
NewTrader, posters have been saying we were "at the bottom" since before it went below $1.
Before That, prominent posters were saying it would skyrocket immediately after the last 2017 RS with No more dilution.
Before That, same ones were saying there'd be no new RS end of 2017 and it would skyrocket any day now.
Well, you get the picture.
Don't buy or sell based on anything that's posted here.
Use posts only as an addition to your DD and proceed with caution.
.
Too funny. Poof!
There's smoke on the water,
it's been there since June
Tree-trunks uprooted in the high crescent moon
Hear the pulse and vibrations and the rumblin' force
Somebody's out there beating on a dead horse
She never said nothin', there was nothin' she wrote
She's gone with the man in the long black coat.
~ B.Dylan ~
And they whirl and they twirl and they tango.....
Singing and Jinging a Jango.
Floating like the heavens above;
Looks like Muskrat Love ;)
Yes and thanks, but I'm happily married sweety :)
Plenty to be positive about...
in other stocks or perhaps this one if it changes management:)
How did you all decide to call her Joanna?
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I know datz right!
As another user said it best, this is a grown-up game of hot potato. Buyer Beware unless you know exactly what you're doing.
Superfly will send you an invite.
All you have to do is ask him, "pretty please?".
It's the only way to know what they're "really" doing...
that is, for anyone who cares....
I don't; I just like to watch the monkey-business.
At least 6 of this board's regular posters (not I) and dozens more of them who just read here.
I'm just a fly on the wall that they can't swat.
https://delcath.org/
Thank you for reminding me
Facebook moves 1.5 Billion Irish users to American responsibility to skirt the European privacy laws.
Typical & predictable.
https://www.theguardian.com/technology/2018/apr/19/facebook-moves-15bn-users-out-of-reach-of-new-european-privacy-law
Re: H2004's post below: Short Volume.....
Daily short volume, as reported by FINRA, is very misunderstood. Most people think daily short volume is just that — the volume that bearish investors put on to add to their short positions. A short glance at the change for total short positions reported bimonthly to the NASDAQ debunks that belief. Short volume isn’t the same as short interest.
In truth, much of the short volume is due to market makers selling into the market a few fractions of a second/minute/hour before they close their position by executing a broker order. Due to the fact that market makers cover many of their positions seconds later, much of the short volume isn’t necessarily an indication of useful bearishness. The fact that a market maker is willing to sell and cover seconds later doesn’t do an investor holding the stock for the long term any good. The market maker could be bullish on the stock long term, and still be willing to short temporarily to satisfy a client request. Similarly, many market makers often have to go short in a fast market in order to fulfill their job of providing liquidity. Other market makers will widen their bid ask prices enough to get out of that scenario.
Nevertheless, short volume data is important — market makers are some of the most informed investors out there and they know the supply and demand equation of a stock better than almost everyone. Some do trade for their personal accounts and their shorting shows up in the short volume. Like other technical indicators, if enough people believe in something, that something can happen. It is also true that when factoring in the trend and potential randomness, a market maker could be potentially bearish if the short percent is substantially higher than average. The market maker could be potentially bullish if the short percent is lower than average.
So use it for whatever it's worth to you but, I personally, always factor-in the fact that, due to sneaky changes to SEC regulations in early 2000's (specifically, rule 17ad - 20) which makes naked shorting all the more difficult to detect, one must know that naked-shorting must be calculated into your mental-equation, especially when the big players are the likes of HB & Ayrton.
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I'll accumulate more on this dip. That little climb was encouraging and exhilarating!
TurnTheShip, if you're asking me, I don't keep-up with Matty.
I "do" know where several of our "other" regulars are though, because I'm watching them "right now" exchanging ideas on their "private" forum sometimes expressing exactly the "opposite" of what they express "here".
I began frequenting this forum simply because I've become fascinated with how this drama will eventually end.
I've been holding off and on for about a year and although this certainly is not my only stock, it's by far the most interesting simply because it's the most shady stock I've ever been involved with.
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Rap, after a whirlwind search, I still see that her salary is well
over-the-top but,
I could very well have used the wrong input for my calculations. If you find anything else, I'd like to know.
If delcath is still considered a start-up biotech (late stage) as per this description:
http://mostlyscience.com/2017/09/what-is-a-biotech-start-up/
Then the average salary should be well below $590K.
Furthermore, if info in that link is to be trusted, it states that the start-up biotechs with most modestly paid CEOs are usually also the most successful ones and that if a biotech in this category pays the CEO more than the top-end figure, investors should beware.
Then, another source I found (from 2015) reflects the top salary for all biotech execs as just barely above $500K.
I didn't narrow it down to OTC thinking that's not too relative except maybe it would make it even lower...and is relative.
https://pitchbook.com/news/articles/a-biotech-executive-makes-how-much
I'm probably approaching it wrong and should research more before posting but, that's what I get at first go-about.
Rap, that's a very good point. I will. That would be a fairer measure than just considering average CEO salary "in general".
Thank you.
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You're joking, right? Yes that's the "Visible" short volume (Not short "interest") for today. Yesterday was 35.67%.
Percentage would be higher if the naked shorts were accounted-for. They have nothing to fear because they didn't have to cover or report because they're shorting shares that don't exist. Something terribly wrong here, regardless of the nakeds.
*I meant to include the link in last post. It's attached below.
http://www.volumebot.com/?s=dcth
32.94% "Visible" Short Volume Today.
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There's nothing significant left here to analyze except the mis-management. Many of us have held this for over a year and it has deteriorated into a thing that can no longer be discussed in the usual fashion neither fundamentally nor technically.
Something may change but, for now, it's just a highly manipulated stock with a corrupt BoD that's
missing-in-action.
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Sam, it is not just bitterness, pettiness or envy that causes eyebrows to raise at this crew's salary, particularly the CEO.
No one "of genuine character" would dare to continue to accept $590,000.00 to head a small struggling company. That is more than DOUBLE the average-salary of a
"successful" company.
ANY person of ethics and character would be Embarrassed for that figure to be made public, even if they didn't have the character to refuse it if it were kept hidden.
I wasn't born yesterday.
I've witnessed and experienced how ethical "people of character" behave.
If Nothing else, this CEO's lack of shame at collecting this exorbitant salary for a struggling bio company speaks volumes for her agenda and reflects Very badly on the company as a whole.
As a woman, I hold her extra-accountable for this because in this day and time when my misguided female counterparts are screaming and whining about "equal opportunity" and "equal treatment", they make us all look silly when they get away with something this egregious.
There are so many other factors at play, that's true...but,
if this was all I knew about the "company" as a new investor going-in, I'd not do
any further DD.
She's an embarrassment to women and she's a disgrace to the company. Others share blame as well, but that doesn't explain "her" actions.
No excuse for it.
Yes, my best "guess" is that the company's "legit".
There are plenty of "legit" companies that are "crooked".
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