Thursday, October 7, 2010

DCTH

If you all recall about 3 weeks ago, Joe mentioned DCTH as buy and hold at $6, this stock has been taken down from $16 in April to mid 5s. The calls by hedge funds are increasing and there is rumor of a major take over by a big pharm, regardless due to the product this company has and the NDA schedule of 4th quarter and possible FDA approval by mid 2011, Joe thinks of this stock as a gem which is why he mentioned it a good buy at $6. The following article also shed more light on DCTH:

http://www.thecleverbull.com/articles/view/article/10/Delcath-Systems-NASDAQDCTH-a-breakthrough-in-the-cancer-treatment

http://istockwizard.blogspot.com/2010/10/delcath-systems-soars-on-takeover.html

http://www.fool.com/investing/general/2010/10/07/delcath-shares-popped-what-you-need-to-know.aspx

http://www.reuters.com/article/idCNN2824428720100928?rpc=44

6 comments:

  1. Thanks, asked about this on another thread...

    ReplyDelete
  2. who else besides me and kli has DCTH here? Seems like this market has spooked most of you,heheeee!

    ReplyDelete