Hahah. Akika to pass the hat. I love it. hahahahahahahahaha
Cowboy doesn’t want me posting my numbers so I won't (until EOD), but I will be salty if DCTH doesn’t drop the news by EOY. This baby wants to run so badly. But, if you look at the chart, at least we’re chewing up shares and heading north incrementally. The dates of dreaming about being able to jump in at $.03 are over.
In fact, the idea I even have to type the price $.03, $.05 or even $.75 offends my sensibilities. This stock should have a number IN FRONT of the decimal, not just behind it. In the days and weeks ahead, I believe that it will.
So here is some total conjecture and should probably be spit back as nonsense, but indulge me:
Much has been written about the tax benefits for a company by acquiring DTCH. Given it’s been widely acknowledged for months the Trump administration is going to whack corporate tax rates from 35% to 20% or 21% effective beginning tax year 2018, would an acquiring company find any benefit in executing a buyout of DCTH on or before 31 December 2017 to avail themselves of beneficial breaks for 2017 by virtue of acquiring DCTH?
Complete speculation on my part made even worse by the fact I have no idea how corporate taxes are structured in the first place.
Lastly, I will again email DCTH IR and beseech them for an update about the interim safety analysis report. Regardless, my prediction for the date the interim safety analysis report remains: 20 December 2017.
Off to see Star Wars. I'll be back for what I am going to call now, a very nice power half-hour! With that report ready to drop any day now, even I might grab a little more before Monday.