For new investors who only focus on daily candles
Post# of 1584
In 2010, they applied for the CE Mark so that their product could be sold in Europe December 2010:
http://delcath.com/reuters-news/?id=1504411
and was approved April 2011:
https://www.streetinsider.com/Corporate+News/...26423.html
http://delcath.com/reuters-news/?id=1550060
Which means their product was so effective and management was so efficient, they received the CE Mark in under 4 MONTHS .
Ever since then, their product has been used throughout Europe. We're not waiting for FDA approval in order for the PPS to go back up; that's going to happen sooner or later. The PPS fell due to impending fear of a RS which did NOT happen because DCTH's shareholders were smart enough to reject it. How many times does THAT happen??
The CE Mark is equivalent to the USA's FDA approval. So, to investors worried about their investment (especially if you bought in the high .30's), instead of focusing on daily candles... do some DD. This info is freely available to everyone.
Not investment advice
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