Starting Position in I-Trax Inc.
Buying DMX Ahead of Earnings
I-Trax (DMX) is an integrated workplace health and productivity management provider. Essentially they put primary healthcare practitioners in the workplace.
This company has been left for dead. It it time that the post acquistion management team show results and based on all the inside buying I am betting good results and news in on horizon. 2000 share purchased at 2.76$ today. Earnings are due out Nov. 2 but I do believe this story will take several quarters to play out. There are pursuing partnerships with PEOs and HR outsources which is a fav of mine.
This is not a trade for anybody with a weak stomach. This company is not profitable and has an ugly balance sheet. I'm betting on a mega trend here....