i got in a few wks ago with a $14 avg. can someone please tell me why this has fallin so much even with positive conference news? i dont get it. im worried now. dont know what to do. serious responders please. much appreicated
The stock was bid up to its' highs prior to ASCO on the belief that overall survivability would be improved.
Delcath fell short of that and is now trading on its' fundamentals. Hasn't earned 1 cent since day one and has a potential limited questionable market.
The product is a new twist on mid 20th century technology. Chemo is on its' way out in favor of gene therapy. The market is looking for things that turn terminal diseases into chronic ones and that is where Delcath missed the mark.
Victor, I'm on the same page as you are, $14 avg. and just hoping one day we'll make it there again. I don't think any time soon though. Don't listen to the pumpers, they're far from the reality and don't let the bashers scare you. If you believe in dcth and php either avg down or hold on for now.