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WaydownSouth
LSU Fan
Stratton Oakmont
Member since Nov 2018
4413 posts

Whats the price target of Idex?
How high can this go? Bought $200 worth at 1.15. Sold at 2.15. Rebought more shares at 2.05.

Probably gunna hold at least until the end of july, but what are we looking at. $5-$10? Twitter seems like they think it could hit $15


ColoradoTiger1987
Member since Jan 2019
287 posts

re: Whats the price target of Idex?
quote:

Twitter seems like they think it could hit $15


Try to tune out this noise. I know it’s hard to, but these are the people that like to hang out on Stocktwits/Investors Hub trying to pump stocks.

As far as what I think it could hit, I honestly have no idea. Witness found this so he may have further insight.

I know they are having a Compliance Monday (I’m still not quite sure what that is), so assuming that goes well, it will be good for the stock. We need more news of them getting contracts and more sales for it to get up there.

I have seen too many of these type of hypes on stocks like this. Trade smart, take your target gains.


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10
LSU>USC
LSU Fan
Campus
Member since May 2004
284 posts

re: Whats the price target of Idex?
Price target is just a guess but I'm in with ~900 shares with cost basis around $1.90. I will continue to add to my position. My plan is to hold long term. Seems like they're really going all in on EV.

Here's an update from their CEO today: LINK


FMtTXtiger
Member since Oct 2018
923 posts

re: Whats the price target of Idex?
you guys like this company that much?

seems risky, but im intrigued.


ColoradoTiger1987
Member since Jan 2019
287 posts

re: Whats the price target of Idex?
quote:

you guys like this company that much? seems risky, but im intrigued.


It is very risky, but the fact that they are having positive PRs and their CEO giving press releases is a good sign.


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kengel2
LSU Fan
Team Gun
Member since Mar 2004
17117 posts

re: Whats the price target of Idex?
quote:

you guys like this company that much?


Enough to give it until Monday or Tuesday.

But i only have like $100 in it and so far so good


Displaced
LSU Fan
Member since Dec 2011
27837 posts

re: Whats the price target of Idex?
They are getting more and more orders for their cars in China. 700 more have been ordered in the last 2 days alone.

I was in originally at $.40 and sold most of it yesterday. I'm gonna reposition on the next dip


LSU>USC
LSU Fan
Campus
Member since May 2004
284 posts

re: Whats the price target of Idex?
Here's another article detailing their EV operation. This part of their business has only been open since May 1. Just getting started.

quote:

In the first five weeks of being operational, dealers at the center have received high levels of interest, Ideanomics said, and MEG has now sold 2,139 vehicles at the centre for a total of RMB 235 million or US$33 million.

The group told investors it was now optimistic it can achieve its previously stated RMB 1 billion (around US$141.2 million) sales target for full-year 2020.





quote:

"As MEG's partners strengthen their financial positions, management will gradually implement its fee model starting in mid-June. Note that the May and early June sales were primarily used vehicles, and that MEG will be charging commissions for electric vehicles (EVs) with the manufacturers' direct sale model," the company said.

"MEG's total financing solutions will be available starting in July, and with its high-profit margins, should make a meaningful contribution to the Center's profitability."




LINK


tigersaint07
LSU Fan
Baton Rouge
Member since Jun 2011
201 posts

re: Whats the price target of Idex?
I’m back in at 1.86 with 10,250 shares. Was first in at 1.03. Hoping for big upswings.


ColoradoTiger1987
Member since Jan 2019
287 posts

re: Whats the price target of Idex?
Seems to be pretty steady today. We thinking we see a spike this afternoon for the PR releases?


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TD SponsorTD Fan
USA
Member since 2001
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Jag_Warrior
Virginia Fan
Virginia
Member since May 2015
1642 posts

re: Whats the price target of Idex?
quote:

Twitter seems like they think it could hit $15


Good way to get


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20
Delacroix
LSU Fan
Member since Oct 2008
3908 posts

re: Whats the price target of Idex?
If IDEX stays above $1 by close Monday, they are complaint. Could see a lot more investors jump in tuesday morning. Im at 1.71 average cost right now and holding until at least TUuesday


ColoradoTiger1987
Member since Jan 2019
287 posts

re: Whats the price target of Idex?
Here is their CEOs twitter account:

CEO Twitter


poncho villa
New Orleans Saints Fan
Monroe/Baton Rouge/New Orleans
Member since Jul 2010
14942 posts

re: Whats the price target of Idex?
I’m looking forward to what happens next week.


cascade
LSU Fan
Ruston
Member since Nov 2011
323 posts

re: Whats the price target of Idex?
I got in for 1000 shares at $1.00. I'm already wayyy up on this I hope it goes to the mooon.


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20
ColoradoTiger1987
Member since Jan 2019
287 posts

re: Whats the price target of Idex?
quote:

I’m looking forward to what happens next week.


Looking solid AH


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30
TigerWise
USA Fan
13th Ward
Member since Sep 2010
34714 posts

re: Whats the price target of Idex?
Time to pull out ?


WitnessTheLitness
LSU Fan
Member since Jun 2017
181 posts

re: Whats the price target of Idex?
Not unless you dont like money.


ColoradoTiger1987
Member since Jan 2019
287 posts

re: Whats the price target of Idex?
quote:

Not unless you dont like money.


Looks like we got rid of the flippers


HangingWithMrCooper
Cal State Fullerton Fan
The Bay Area
Member since Aug 2017
41 posts

re: Whats the price target of Idex?
It feels like they have a ton of deals already done and are just releasing them one by one. I'll take 30% increases all day, everyday.


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