Your premise, apparently, is that IDX is 'burning' cash and will shortly be without cash. What is your factual support for that premise? IDX runs very lean, in terms of actual cash on hand, and has for some time.
It is run by its founder, has no debt, and if it were burning through money would have had to take on financing of some kind or increased its borrowing considerably. None of that is going on. Here the company is, a number of years after it went public, acquiring other companies for stock, increasing top line revenues and market share, and making alliances with Compaq, Mastercard, Oracle, Schlumberger, Motorola, etc.
I'll ask again: What facts support your out-of-cash premise? (I mean, beside the fact that you are probably already short in this stock.) |
