"With all these new orders needing capital, I am
betting DJ is hitting the ATM. Let's hope it ends soon as the rental
fleet reaches a point where "real" cash flow can sustain future growth."
The trouble is that until we know what the Distributor "deal" is with regard to rentals, we won't know if "real" cash flow can ever sustain future growth---let alone make a profit.
Doesn't DJ have to get board/shareholder approval for an ATM followed by an 8K filing?
Betting on DJ to do anything intelligent is like betting on the Orange Racoon to act rationally.