Replies to post #45666 on Delcath Systems Inc (DCTH)

[SAMNOTSAMUEL]

Whoa, stop the presses. That makes 4 insiders at least. Why the last 2 buy so much unless they are serious about rights, which is cheaper.

I believe rights for one of 500,000 shares and the other over 1.5 M shares if my arithmentic and reading skill are up to par today.

[benandemmiboo]

You only need to hold a small amount to be qualified to buy more shares through the offering, so it's possible the insiders intend to buy a lot more.
Biotech market is so hard IMO. Some companies get a great valuation for their product (SVRA, in my opinion), then they either rise or collapse on news, while others get great news yet never seem to get any value for their assets.
Anyway, I wish I kept focused on commodity stocks. I seemed better able to predict the price movements/valuations of those.