Replies to post #25280 on Delcath Systems Inc (DCTH)

[Rapture2020]

The first week alone share DCTH issues 1,162,509 shares (6 NOV - 13 NOV)

11/6/2017 1,429,000
11/13/2017 2,591,509

INCREASE 1,162,509

2,470,000 shares traded; dollar volume: $6 million. And you are going to tell me they only netted $200K a day?

From 6 Nov through this afternoon (13 trading days) almost 16 million shares have traded hands, dollar volume $16,500,000. And you think DCTH has only captured $2.6M or 15.75% of that?

Sorry, no.

And when the interim safety analysis report comes in (any time now), this exercise won't even matter.

[SAMNOTSAMUEL]

Based on experience with previous convertible working and the complexities, etc.., for those itching to buy the simplest formula to consider is DO NOT BUY, until there is a full week of trading that closes for a week no lower than the close 7 days before if you are confident bankruptcy is not the reason for stability