Delcath Systems Inc (DCTH)

[SAMNOTSAMUEL]

My theory is formed to fit from domino to domino. Assumption smart folks bought offering, warrants one year out. To me that means they expected reverse split, not a buyout, expected to lose on common and are selling their common according to 35 percent of volume limit.

Obviously as well smart money would never short if they expected an announcement any day of buyout or if a NO was potentially reported any day. Would you short knowing about June last year if a vote was under way?

Of course if you knew there were 212 Million YES votes, then maybe shorting is smart.

Certainly 10 little Indians or whatever would not short if they had wind of a buyout. Blaming everything always on naked shorts does not work for me.