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Down again....relentless
What a crime this stock is.
Just about everything you've predicted on here has been wrong. I hope nobody has lost money because they've listened to you so far. Sure it might turn up at some point and you're going to try and say "I told you so". But I think you're in so deep into this that it's going to take a huge run for you just to get back to even. Quit acting like you're some type of expert.
You don't know Jack.
What a buying opportunity?
Hey Rapture, are you still averaging down?
How does it feel to be able to average down everyday?
You must be in heaven.
Must be nice......
When the big players can invest in a rigged game being ensured of winning.
All us little peon investors can do is hope when we buy that the big boys decide it's time to run it up.
Maybe the sellers are taking a 4 day weekend?
I bought yesterday at .37. I've got to believe it will pop at some time.
Did we hit the bottom.
It looks like we're finally forming a base, bouncing off of today's low of .29.
That's not how jury duty works, you have to be unbiased. By looking at your posts you seem to be very biased against shareholders. All IMO
But Rapture hasn't lost because he hasn't sold. LMAO
100 millions????
LOL
Still a lot of dilution coming.
That's right Sam, we still have a finance deal coming. That's usually never good for the shareholders.
Dude, all you've been is wrong so far.
Yeah, I kick myself now. When it ran I only sold off about a third of what I had, as usual I thought it was going much higher and held the rest. Lesson learned.
I've got a small position in it now. It once ran to near a buck. I'm thinking of buying more now at .07.
Are you in ELTP? Elite Pharm.
No, why should they cover? There's many more shares to dilute.
ALL IMO
This is so pathetic. I knew dilution was coming but this sneaked in on us, no warning.
ALL IMO
From my understanding of the financing is the warrant holders can convert at the average price of the three trading days before conversion or $1.50, whichever is less. So no, $1.50 isn't a given.
IMO
Wash...rinse....repeat
They live off the suckers.
All IMO
Their solution is dilution.
Headed back down to pennies in short order.
Even the warrant holders that can eventually convert get to buy in at the 3 days previuos price average prior to their purchase. So if I read that right it's to their advantage for the stock to go much lower.
ALL IMHO
Are they already diluting?
Huge volume today.
A bright future?
Weeeeee............
I'm so giddy.
Yeah, my balls do feel squeezed.
I wouldn't be bragging about that.
1.5 million traded.
At least 100,000 shares had to be traded twice today since the float is only 1.4 million.
Yeah, the better than expected 10Q coming out a few days ahead of the warrant offering was just a coincidence too. Good to know.
1.4 million traded so far today, equal to the company's entire float.
Was it run up yesterday in order to short then drop the news?
I know, it's just coincidental. LOL
Makes one wonder.
Sorry dude, I feel for you.
It's too bad this kind of schit is allowed.
I sold half my shares today at $2.
I just don't trust Delcath, I saw how quickly they brought the price down a few days ago after the spike.
Total shares are at 1.4 million.
There is volume, 200,000 traded so far today.
That's 1/7 of its entire float based on 1.4 million shares outstanding per my understanding.
I started buying 2 days ago and will buy more if it goes down further.
It will have the inevitable bounce at some point.
They'll never do another R/S this quick.
I don't believe they even can under FINRA rules.
I don't either, they were warned.
But I do feel it's time to start buying shares now, this won't go down forever, it will bounce.
Do the math, 499 million shares divided by 350 comes out to 1.4 million.
If they had already adjusted the shares than the outstanding before the split would have been
175 BILLION shares. That was not the case.
I started buying yesterday, and will continue to buy if it keeps going down.
I look for a bounce, a big one at that.