Replies to post #26450 on Delcath Systems Inc (DCTH)

[harbs]

plenty of room in a/s for shares needed to finish the job looks like..


In addition, shareholders of the Company also approved an amendment to the Company’s Amended and Restated Certificate of Incorporation to increase the number of authorized shares of common stock from 170,000,000 to 500,000,000. The previously discussed reverse stock split had no impact on the increase in authorized shares.

[ATX512]

I agree with you @andrius... after doing more DD about this POS stock, things don't look too good for the share price, specially with idiot Jenny as the CEO. My numbers were simply an assumption based on the total number of shares traded since 11/06 and an assumed 70% trading volume executed by the bastards at Maxim with new shares. I will not be buying anymore shares and will try to liquidate my 40k shares some time tomorrow. I have come to realize that if it didn't go up with great news today... it will definitely keep on going down with no news over the next 3-4 days. The interim analysis will help, but I now doubt that it will take it 100-200% up. I have made my peace with my $7k loss and I am done with this stock, it will not surprise me if it goes down 20% tomorrow,and 25% more on Thursday and 15% more on Friday, bottom line is that Maxim has another 30-50 Million more shares to dilute and they don't care how low it can go, obviously Jennifer doesn't care either.