Delcath Systems Inc (DCTH)

[Jarhead7]

Why the 15% drop? Oh, nevermind, level 2 tells a very frightening story fit for October.

Once upon a time, there was a stock named DCTH. Extremely poor financing deal after extremely poor financing deal plunged investor balances into oblivion. Level 2 showed a battle ground on a continual basis. MAXM would take the lead with the lowest ask. CDEL would not settle for second lowest and jump lower. The battle continued until investors were wiped out.

Then, one day, a new plan was developed. An inkling of hope was given to investors. That is, until it failed, probably due to the extreme lack of trust investors had for DCTH after all of the shenanigans over the past year or two.

So, alas, just in time to frighten any seasoned DCTH investor, MAXM and CDEL came back into the fray at 1.71 and 1.72 ask, respectively.

The moral of the story, DO NOT INVEST HERE IF YOU SEE MAXM ON LEVEL 2!!!!!!

Hopefully, many made back some of their losses on the recent jump to $10. Personally, I bailed way before that.