Replies to post #24259 on Delcath Systems Inc (DCTH)

[leegy1984]

You do realize 3 months I bought this @ .02 sold @.23c made alot of money. Watch this stock head for southward. Same thing, its not gonna change. They have cash, they are so stripped out of cash. They only thing they have is patent that is worth money. But they have no market experience

[SK345]

At some point, you'd think the SEC would tell a company that multiple reverse splits just cannot be done. After one, if it doesn't work, then you have to either sell, merge of go bankrupt. There seems to be zero benfit to existing shareholders to do a reverse split. Seeing as though this is the third time and all it has done is destroy shareholder's potential value, maybe the SEC would want to take a look at the actual benefit to the public for a company to do this. Seems like a manipulative process and one that results in very little, if any, benefit to investors.

[jmoma]

They will probably discuss year end bonuses and the need for another reverse split. Probably will be back under a dollar by then.