Replies to post #26820 on Delcath Systems Inc (DCTH)

[Rapture2020]

They probably were. They torpedoed the stock, paid off at least 75% of the debt and now are slow rolling up and out.

They won, DCTH will survive, and yes, shareholders will too.

[andrius]

My rough estimate is 4-5M left after today. To note holders its irrelevant if they sell $10 or .05, they get shares at certain discount regardless of PPS. Biggest thing is they need highest possible $ volume so they can recoup their $ quickly and invest elsewhere.

Huge volume today but we'll see if it can be sustained. We need another 4-5 days like this but with so many buying today there will be lots of profit takers at higher prices + stuck people from .10=.20 area looking to get out. As competition to sell increases MAXM will likely whack this down a bunch to discourage selling from others IMO We will see.