Delcath Systems Inc (DCTH)

[andrius]

Wish shorting this was an option but not possible for retail. Would have been all over it for weeks and long covered by now. If you short $1 .50 .25 whats the point holding here when you already at max gain pretty much?

Long half position at this point. Would sell into spikes and look to reposition. Not looking to add unless big washes. Seemed like .04 was big bottom before as they didn't want to max out OS. At this point this might not matter if they just want to cash out. They could try to milk this and try to sucker in people higher but doubt its going anywhere fast. They'll be able to reload 10% of OS at least 5 times.