Replies to post #31845 on Delcath Systems Inc (DCTH)

[JJAAMMAANN]

Sam,
the original S-1 came out back in October, the fact that a pricing has not been mentioned yet says that they are not ready to execute yet. Amending the S-1 only gives them rights to keep in on the table should they need to execute expeditiously. Just like a vote for future possible share increases....they are "Possible". Meaning could happen if/when the company decides it is necessary. My guess: If DCTH receives a lucrative offer from another company, (ATNX or not), they will consider the offer. If they don't like the offer, the S-1A will come into effect. For all we/you know, the company could be under a NDA at this time...maybe cleaning up the balance sheets and freeing up the patents was part of the plan to make an offer binding...again, SPECULATION!
Where do you get the idea that they are...

dilute by more than a quadruple

?
you are free to do as you see fit, but you can't judge those who are speculating a buyout, a partnership, or a acquisition. Do you have the inside information?
We go with the facts...ATNX is moving...DCTH is moving...does two plus two equal four? No one really knows...that is why we speculate on a message board instead of count our millions with Warren Buffet.
Best of Luck Buddy!
IMHO

[benandemmiboo]

SamNotSamuelIAm, even those hoping for a dollar fall into your future $600 million MC hypothesis. The norms people seem to hope for, in a buyout, seem between 18 and 30 cents per share (or between 100 and 150 million market cap).
And no one saying as much seems to be pumping the stock. They just have some optimism toward its future.
IMO, saying they'll finance for 3 cents per share with junk hedge funds, then linger in the 4 cent range for months, as you have been saying, is extremely pessimistic (particularly how you expect the stock to sit at 4 cents until more good news from Phase 3 rolls in) for someone who's supposedly has a position in the stock, as you're valuing the company at little more than cash on hand. I just don't understand why you think (to the point of "insist") that that stock should have a smaller market cap now than when you personally sold it last summer.