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re: Whats the price target of Idex?
Posted on 6/24/20 at 8:32 am to ColoradoTiger1987
Posted on 6/24/20 at 8:32 am to ColoradoTiger1987
Looking like another pull back early on, especially in after market trading where it dropped another 4%. I think I’ll set a stop-loss at $2.50 just in case this thing makes a run down. Obviously hoping that’s not the case.
3
Posted on 6/24/20 at 8:36 am to skewbs
Exactly what I did last nite
Posted on 6/24/20 at 9:16 am to skewbs
quote:
Looking like another pull back early on, especially in after market trading where it dropped another 4%. I think I’ll set a stop-loss at $2.50 just in case this thing makes a run down. Obviously hoping that’s not the case.
What are you averaged at?
Posted on 6/24/20 at 9:18 am to ColoradoTiger1987
One transaction so far, bought in yesterday 300 shares at $2.90/share.
Posted on 6/24/20 at 9:19 am to skewbs
I'm in for 440 shares at an average of 2.78, really hoping for that jump back around the 3.50 range we saw earlier this week
Posted on 6/24/20 at 9:20 am to skewbs
Yeah, you are kind of at a hard spot right now. I don't think I see this going below 2 at this point, but then again who knows?
ETA: Looks like you hit your stop loss. That drop was more than likely due to alot of stop losses set at 2.50.
ETA: Looks like you hit your stop loss. That drop was more than likely due to alot of stop losses set at 2.50.
This post was edited on 6/24/20 at 9:21 am
Posted on 6/24/20 at 9:21 am to WaydownSouth
This sounds like the next LVVV 
Posted on 6/24/20 at 9:21 am to ColoradoTiger1987
Yep, I see it just triggered in my account within the last few minutes.
Posted on 6/24/20 at 9:23 am to skewbs
I would just watch it and see what it does the rest of the day. I know their CEO has interviews scheduled with some investors tomorrow, so that could generate some positive PR.
Posted on 6/24/20 at 9:30 am to ColoradoTiger1987
What’s the reasoning for the huge drop?
Posted on 6/24/20 at 9:38 am to tigerclaw10
My only explanation is that there was news yesterday that there was going to be a shelf offering for 2021, which probably was not the best move to announce.
That and the RSI being so high, it needed a cool off period. Being that the stock went up so fast, we still haven't been able to establish a bottom for the latest run.
I am no chart expert by any means, but if it closes around 2.60 today, we will still be looking good with establishing "stairs" on the price movement.
That and the RSI being so high, it needed a cool off period. Being that the stock went up so fast, we still haven't been able to establish a bottom for the latest run.
I am no chart expert by any means, but if it closes around 2.60 today, we will still be looking good with establishing "stairs" on the price movement.
Posted on 6/24/20 at 9:42 am to ColoradoTiger1987
The volume today is insane. It's double what is being traded on AAPL.
Posted on 6/24/20 at 9:45 am to ColoradoTiger1987
Got in at 2.96, should have waited a little longer I guess. Long term hold for me anyway, expect this to be a good one
Posted on 6/24/20 at 9:47 am to skewbs
That would explain the huge volatility in the price then. It is overbought for sure. We need to just establish a clear bottom and hold it.
If it drops below 2.00, then it is panic time.
If it drops below 2.00, then it is panic time.
Posted on 6/24/20 at 9:48 am to Brobocop
quote:
This sounds like the next LVVV
Don’t
Posted on 6/24/20 at 9:49 am to skewbs
Eh... losing confidence here
The sunshine pumping starting to look alot like the GNUS people clinging to "news is coming! just hold!"
The sunshine pumping starting to look alot like the GNUS people clinging to "news is coming! just hold!"
Posted on 6/24/20 at 9:54 am to jmcwhrter
averaged up this morning buying 500 @ 2.49.
Posted on 6/24/20 at 9:55 am to ColoradoTiger1987
Its hard to even point to a stock that isnt red today. The covid numbers released today shows the biggest spike in 2 months. Everything is gonna take a hit. Maybe time for some Puts on travel stocks?
Posted on 6/24/20 at 10:03 am to jmcwhrter
quote:
GNUS
I think there are distinct differences between these 2 stocks. You have GNUS which is a children's entertainment producer. I would think that the price of GNUS would correlate with what is going to happen with schools this coming fall with the COVID Closures (Just a guess, I have not done any research on it).
IDEX on the other hand, deals with EV. They have secured orders and the demand for EV is only going to continue to go up.
If you are trying to flip this stock daily, I get your pain. But I am long on this one, it has too much of an upside right now IMHO.
Posted on 6/24/20 at 10:04 am to WitnessTheLitness
quote:
Its hard to even point to a stock that isnt red today.
Docusign in the only green stock in my portfolio right now
Any reason why we are seeing a drop in the markets today?
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