Delcath Systems Inc (DCTH)

[benandemmiboo]

Perhaps you're already there, but between now and tomorrow, make sure you've done enough due diligence to be comfortable with any trading decision you make. And with that, feel free to ignore the below babble.

But from my own experience in the world of crap stocks, those that go bankrupt tend to rocket the trading day before so that institutional and hedge fund investors can get out. If H2004 is correct, he thinks this will go gently into that good night, and I don't personally see that.
Also, from my own experience, the 20, 50, and 200 day averages do have a big importance in sales of companies. I don't know the adjusted 200 day average for this stock off-hand, but I definitely do not expect more than double that in an acquisition. I likely would bet only a 40 percent premium. So this company will be acquired for cheap, IMO, if they get acquired. But "cheap" by my definition was still worth a gamble at current prices.