Replies to post #4338 on Ideanomics Inc (IDEX)

[ATCrunch]

Revenue was 650k with net loss of 2.3 million. shares outstanding went up from 15 million to 22. So you got diluted down. All while the market cap was 650 million. Now its 460 million market cap after today. so 450 million/650k = 690x price to revenue. SO yeah you can see why it was a horrible quarter and will fall more most likely

[yp_1]

Just ignore him. As he mentioned before, he is not in the stock.