Delcath Systems Inc (DCTH)

[JJAAMMAANN]

Courtesy of Rap...As of this morning MAXM/CDEL each have a max of 6.06M shares to sell.
Theoretically no more than 12M combined remain.
4.9% x 123,700,000. That’s my interpretation of the PR.
Thoughts?


My belief is that we will close Green again today!
The Hudson Bay selling is almost gone...very few shares left to sell at these prices. Unfortunately the float is pretty high right now, so it is going to take a lot of accumulation to start driving the PPS. This Stock is way oversold and is coiled and ready to strike upwards! The company is way undervalued and the market cap is a joke right now. With their proven technology I can easily see 200M-500M market plus...
With the balance sheets cleared up, toxic financing completed, patents free and clear, good safety data from Independent Monitoring Committee, the company is well poised for offers of buyouts, partnerships, and mergers. Anything can happen, and I am positive they are receiving offers at this time. If it is lucrative enough, we will hear about it soon...if not, Delcath always has the S-1 offering in their back pocket to raise funds to get through the pivotal phase 3. With FDA approval, the sky is the limit!
GOOD LUCK EVERYONE, NO MATTER HOW YOU TRADE
IMHO