Delcath Systems Inc (DCTH)

[Bond]

I hear your pain if you are really down 100K, I really feel the pain.
I have been in the game since early 2017 too and company has done lot of out of the line stuff to survive and they have been surviving so far at the expense of shareholder till early 2018.
I kept the long term view after I started seeing change with the deals they are making the direction they are going.
Even though I am long term believer I have my own measurement matrix to evaluate their performance to invest further.
HB deals were so wrong and I should have know that impact on PPS.

my further investment in 2018 were directly for the management trying to turn it around.

I would also be stupid to be blindly keep on investing if I don't feel it right with future development and the direction.

in the name of complete transparency before subs my all time average was 15$ which was still doable but I did not go for subs rather bought open market as I wrote it here and sold it when the time was right.

right after subs I am buying from open market from 1.29$ down to 0.28$
and the lifetime investment average is now.
I bought at different segments and now lifetime average is down to 1.3$ ish.

I do not encourage anyone to do this exactly, do your own DD and make your own plan

But if everything works out in 2 years as per my investment style this is still risky but healthy investment and I expect 500% minimum ROI over 2 years ending this June 2019.

now if they make any stupid deal in future which can eliminate my possibilities of making money I will not be hesitant to exit at any time.

that's my story!