Wrong tense...my mistake. They "burned" through twice as much cash in the year ended 8 weeks ago than in 2018. Which is a distinction without much of a difference IMO in a company i have been in long enough to remember management's struggles with cost control both the blowouts and the tightenings. Lets not forget it wss only a few months ago the CEO was promoting the possibility of no future cap raises at all yet here we are. Having said that agree with much of what you have said and i too hold ISX and agree with the parallells you mentioned. i had believed we would see a similar rapid increase in the SP late this year but now can't see until 2020 and if they pull a cat out of the bag with another big ANN before the raise and i buy back in higher im good with that. To the sidelines of this for me now (unless the raise comes this week youll have to forgive me a little gloat). GLTAH.
(20min delay)