They will likely need an equity offering to boost their cash position. They can't keep getting bigger on essentially no free cash--one blip down the road and their cash is gone and an equity offering will be at a much lower price than now.
Dilute, and give the officers a ton of options.That's the pattern.I've sold the majority of my holdings. I still hang onto some while I hope for a buyout.Still the best solution. Mgmt is the issue.
Well you guys sure called that one. Tip of the hat to you.