Replies to post #26151 on Delcath Systems Inc (DCTH)

[akika]

my cost average is currently $89. Now what ya gotta say?

[modrica]

Hey everyone is wiped out , haven't you noticed pps was 12 bucks 3 weeks ago and now is 8 cents

[ddaurelio]

@Rapture2020 - I've been thinking the same thing. As awful as the ride down has been, a couple of things occur to me:

1. Before the R/S there were 500 Million shares O/S. At one point, SP got to 0.36 (although very briefly), which would be a market cap of 180 Mil. Post-R/S, if we get to 30 Mil O/S (Currently at ~10 Mil), that same market cap would be almost $6 / share. All things considered, that's probably high, but even $3 to $4 / share is not inconceivable at this point, given the same fundamentals remain that you pointed out.

2. The rate of descent into the abyss seems to have slowed as of yesterday, even working it's way back up a bit towards the close. I think we're getting close to the bottom, IMO.