Delcath Systems Inc (DCTH)

[Rapture2020]

LoL. It would have been something wonderful if they announced enrollment, earnings, update on NDA date.

I am not against a reverse split if it comes with an understanding that good news is in the pipeline and that it will come before or directly after (preferably before) a reverse split. We’re just getting too close not to put these topics on the table to update shareholders and to lift PPS in anticipation of CHEMSAT 2.0. This is happening in the next 12 months and they need to start driving that point home.

I would expect any smart management to do that, yet DCTH has not shown it has the capacity (at least to me) to make strategic moves. But DCTH didn’t even bother with a rearguard action that could have protected some portion of the PPS.

Yes, I appreciate today’s PR, but like all of them, you have to flesh out their ultimate meaning. In this instance, DCTH is increasing supply to meet demand—or anticipated demand—so why not just state this clearly?

Will today's release move PPS north? The long game in me says yes. This is a very good sign. But more problematic, near-term, are the @ssclown MM's. They are the worst case of herpes in recorded history, IMO. Karma for whoever directs these lap dogs.