Delcath Systems Inc (DCTH)

[benandemmiboo]

SamNotSamuelIAm, even those hoping for a dollar fall into your future $600 million MC hypothesis. The norms people seem to hope for, in a buyout, seem between 18 and 30 cents per share (or between 100 and 150 million market cap).
And no one saying as much seems to be pumping the stock. They just have some optimism toward its future.
IMO, saying they'll finance for 3 cents per share with junk hedge funds, then linger in the 4 cent range for months, as you have been saying, is extremely pessimistic (particularly how you expect the stock to sit at 4 cents until more good news from Phase 3 rolls in) for someone who's supposedly has a position in the stock, as you're valuing the company at little more than cash on hand. I just don't understand why you think (to the point of "insist") that that stock should have a smaller market cap now than when you personally sold it last summer.