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re: Whats the price target of Idex?

Posted on 6/26/20 at 11:41 am to
Posted by go ta hell ole miss
Member since Jan 2007
13627 posts
Posted on 6/26/20 at 11:41 am to
quote:

Does anyone have cliffs on what Hindenburg accused them of?


Pretty much making up MEG. IDEX comes out with a clarification right afterwards because they know the lawsuits will be flying soon. At least they did that. WORX didn’t even retract their stuff, which Hindenburg nailed.

Same as all the others. TLSS, IDEX, LVVV. They dilute shares with offerings and let the owners buy up more bad debt and issue more stocks without a PO and do not set a market price.

These all seem like the next big one. Pink sheets are killing it since COVID.
This post was edited on 6/26/20 at 11:43 am
Posted by ColoradoTiger1987
Tampa
Member since Jan 2019
1613 posts
Posted on 6/26/20 at 1:37 pm to
LINK

I have no idea what to do with this now, I bought back in a 1.50.

Here are some cliffs from the article:

quote:

NEW YORK, June 26, 2020 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company") announces that its Qingdao Sales Center will be officially rebranded into the MEG Center by July 1. It has been managed by the joint venture (JV) referred to as Ai Neng Ju with Fu Da Automobile Trading Center (Fu Da) (51% owned by MEG). The JV registration was completed on April 13, 2020. Fu Da has been operational since 2018 and they provided photos of it's 20,000 square meter property within the Center.

Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 6/26/20 at 1:39 pm to
I jumped back in this morning at what I thought was a good price and saw significant losses after.
Almost all the profit I made the first go around is gone
Posted by Brettesaurus Rex
Baton Rouge
Member since Dec 2009
38259 posts
Posted on 6/26/20 at 1:41 pm to
I knew I got in higher than I wanted to at 3.19. Thank Christ it was only a small starter position. I thought I was doing good cutting my average down to 2.91 and this this happens Still not in big at at all, so at this point just gonna see if it recovers.
This post was edited on 6/26/20 at 1:46 pm
Posted by ColoradoTiger1987
Tampa
Member since Jan 2019
1613 posts
Posted on 6/26/20 at 1:49 pm to
It really does feel like this was a coordinated attack to get some ridiculous low puts for today. The fact that they went under the guise of a recurring customer sounds really fishy.

The SEC really needs to crackdown on this type of shite.
Posted by cgrand
HAMMOND
Member since Oct 2009
38804 posts
Posted on 6/26/20 at 2:04 pm to
quote:

Does anyone have cliffs on what Hindenburg accused them of?

securities fraud
you should read the thread, if half of it is accurate you’ll forget this stock symbol and move on

LINK
Posted by ColoradoTiger1987
Tampa
Member since Jan 2019
1613 posts
Posted on 6/26/20 at 2:19 pm to
Thanks for the link. So they are shorting IDEX and put a negative article out on them?

I just find it hard to believe that Shane McMahon would be involved with a company that is fake.

Posted by JDPndahizzy
JDP
Member since Nov 2013
6443 posts
Posted on 6/26/20 at 2:19 pm to
quote:

We had our investigator call five of $IDEX's purported customers that are helping drive its supposed EV business.

None of them were aware of Ideanomics and none were able to confirm doing business with $IDEX.


WOW!!
Posted by ColoradoTiger1987
Tampa
Member since Jan 2019
1613 posts
Posted on 6/26/20 at 2:28 pm to
So pretty much if they halt the stock, you are screwed?
Posted by deaconjones35
Thibodaux
Member since Sep 2009
9802 posts
Posted on 6/26/20 at 3:33 pm to
Guess I’m lucky I only lost $210
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 6/26/20 at 3:36 pm to
Just bought 10k shares
Posted by Neauxla_Tiger
Member since Feb 2015
1880 posts
Posted on 6/26/20 at 3:42 pm to
Some high roller snatched 10 million shares at the bell . I want to believe
Posted by HollierThanThou
Member since Jan 2012
6209 posts
Posted on 6/26/20 at 3:44 pm to
quote:

Some high roller snatched 10 million shares at the bell . I want to believe


GD. They have at least one believer still
Posted by ColoradoTiger1987
Tampa
Member since Jan 2019
1613 posts
Posted on 6/26/20 at 3:49 pm to
So someone bought 10 million shares at the close lol?
Posted by ColoradoTiger1987
Tampa
Member since Jan 2019
1613 posts
Posted on 6/26/20 at 3:53 pm to
Ah you beat me to it...this whole Hindenburg thing is bullshite. They did this to cover their shorts. If you look at the video they posted claiming they were touring the outside of the facility in June 2020, it shows a banner from 2019...
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 6/26/20 at 3:55 pm to
Thought it was 2018
Posted by ColoradoTiger1987
Tampa
Member since Jan 2019
1613 posts
Posted on 6/26/20 at 3:56 pm to
Haha I couldn’t see it that well but you’re right. They are gonna get the frick sued out of them
Posted by LSU Tigershark
10,000 posts
Member since Dec 2007
10544 posts
Posted on 6/26/20 at 4:02 pm to
I made a quick $600 at the beginning of the week and I was out
Posted by cgrand
HAMMOND
Member since Oct 2009
38804 posts
Posted on 6/26/20 at 4:36 pm to
J CAPITAL RESEARCH

another one.
y’all can have this one I wouldn’t go near it
Posted by castorinho
13623 posts
Member since Nov 2010
82031 posts
Posted on 6/26/20 at 5:28 pm to
quote:

We had our investigator call five of $IDEX's purported customers that are helping drive its supposed EV business.

None of them were aware of Ideanomics and none were able to confirm doing business with $IDEX.
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