Ideanomics Inc (IDEX)

[mac_attack]

The money spent at present represents market penetration and infrastructure. They may be spending $5 to make $1 at present but thats better than last quarter where they made almost nothing. At this rate of growth profitability will occur very soon, within a couple quarters now perhaps. The next few quarters will be very telling as to whether this company lives up to the hype, but for now its definately on the right track and that is very encouraging. The dynamics is where you need to focus, looking at the base stats will get you no where.