Delcath Systems Inc (DCTH)

[Mintmoondog]

Don't overthink the timing of PR regarding R/S This company has never been predictable with news. I think it is simple - the longer the delay the more positive it is for us SHers. If it was a no; there is no imperative for Jenny to release a non-change. However, I am certain she would want to shove a Yes vote in our fact. I am sure that they have had B/O talks and these may have even been tied to the result of the R/S. Remember these pharma companies are not dumb; they know the intricacies of DCTH's situation.

One aspect of the begging for R/S has not been discussed as I have seen it.
From Jenny and the BOD perspective they desperately needed share flexibility in order to create golden parachutes and/or poison pills against the threat of a T/O. However, they diluted their shares so quickly due to their monstrosity toxic financing with Hudson Bay that they are completely exposed and have no individual protection. Therefore, unlike more seasoned executives they may be left out in the cold in the event of a B/O or T/O.

I am predicting that this Friday ends differently than most. I expect a small short rally to EOW as the smart bears cover before the weekend. Hoping that we end green for the day. GLTA