Delcath Systems Inc (DCTH)

[Simsim99]

Sam, I think you got it exactly right. Up until this exit agreement the more the stock went down the more shares they got to convert the debt. They had an incentive to see the price lower to get more shares. Now the number of shares is fixed at the 123 million. Pushing it down by relentlessly dumping means they get less money for their shares. They can do what they want but it is in the former note holders interest to ease up and let the price rise so they get more for their shares as the number of shares is fixed now. They hurt themselves now by driving it lower and lower.