Delcath Systems Inc (DCTH)

[ddaurelio]

Well, well, well. It looks like Jenny and her cabal of evil cohorts have given the shareholders a giant F.U. for Christmas. Thanks so much. I've been holding what's left of my position from last year, figuring I'd get wiped out sooner or later, since when it's down far enough, there's really no point in selling it. And now that time has come, because as of the next R/S, I'll have less than a share left. But I did find one little bit of goodness in this. According to the PR, fractional shares will be rounded up to a whole share (how benevolent of our evil cabal). This got me to thinking that I could conceivably pull off one trade in the POS that I could actually make money on. I have a couple of other accounts that I don't have DCTH in, so I placed orders to buy 25 shares on Monday. On Tuesday, my 25 shares that I spent around $1 on will become 0.0357 shares at roughly $28 / share, which should round up to 1 share at $28. I'll then promptly sell the 1 share (because I'm sure there's going to be an army of shorts waiting who will want to borrow them). It's not much, but if it actually works, it'll be my own little "Merry Christmas" to Jenny and her evil cohorts. As for the rest of you on the board, I wish you all a Joyous and Blessed Christmas and GLTA in 2020!