Replies to post #29009 on Delcath Systems Inc (DCTH)

[andrius]

With their profit margin at this point can't blame them. I would have been market selling all day too.

[cvinvestor]

Common sense says to me they put the petal to the metal today because they want another batch as fast as they can lay their hands on it which makes a fair amount of sense, why try to maximize profit margin on the first 15 million of 123 million

I was thinking the same thing, but this morning's continued sell off on high volume - almost a normal day's vol in first 30 min makes me wonder if DCTH put any time limits on the "leak out" shares, i.e. I would think that they couldn't get a new batch the day after selling off the previous, in order to protect the share price a little, but in your opinion, if they sell off a batch, do you think they can get the next portion the following day?