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go ta hell ole miss
New York Yankees Fan
Member since Jan 2007
8179 posts

re: Whats the price target of Idex?
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 at 11:43 am


ColoradoTiger1987
Member since Jan 2019
273 posts

re: Whats the price target of Idex?
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.



tduecen
New York Yankees Fan
Member since Nov 2006
151572 posts

re: Whats the price target of Idex?
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


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Brettesaurus Rex
New Orleans Saints Fan
Baton Rouge
Member since Dec 2009
36862 posts

re: Whats the price target of Idex?
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 at 1:46 pm


ColoradoTiger1987
Member since Jan 2019
273 posts

re: Whats the price target of Idex?
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.


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cgrand
New Orleans Pelicans Fan
HAMMOND
Member since Oct 2009
21932 posts

re: Whats the price target of Idex?
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


ColoradoTiger1987
Member since Jan 2019
273 posts

re: Whats the price target of Idex?
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.



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10
JDPndahizzy
LSU Fan
JDP
Member since Nov 2013
725 posts

re: Whats the price target of Idex?
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!!


ColoradoTiger1987
Member since Jan 2019
273 posts

re: Whats the price target of Idex?
So pretty much if they halt the stock, you are screwed?


deaconjones35
LSU Fan
Thibodaux
Member since Sep 2009
8925 posts

re: Whats the price target of Idex?
Guess I’m lucky I only lost $210


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tduecen
New York Yankees Fan
Member since Nov 2006
151572 posts

re: Whats the price target of Idex?
Just bought 10k shares


Neauxla_Tiger
LSU Fan
Member since Feb 2015
1357 posts

re: Whats the price target of Idex?
Some high roller snatched 10 million shares at the bell . I want to believe


HollierThanThou
New Orleans Saints Fan
Member since Jan 2012
5728 posts

re: Whats the price target of Idex?
quote:

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


GD. They have at least one believer still


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ColoradoTiger1987
Member since Jan 2019
273 posts

re: Whats the price target of Idex?
So someone bought 10 million shares at the close lol?


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ColoradoTiger1987
Member since Jan 2019
273 posts

re: Whats the price target of Idex?
Ah you beat me to it...this whole Hindenburg thing is bull shite. 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...


tduecen
New York Yankees Fan
Member since Nov 2006
151572 posts

re: Whats the price target of Idex?
Thought it was 2018


ColoradoTiger1987
Member since Jan 2019
273 posts

re: Whats the price target of Idex?
Haha I couldn’t see it that well but you’re right. They are gonna get the frick sued out of them


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LSU Tigershark
South Alabama Fan
10,000 posts
Member since Dec 2007
9862 posts

re: Whats the price target of Idex?
I made a quick $600 at the beginning of the week and I was out


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cgrand
New Orleans Pelicans Fan
HAMMOND
Member since Oct 2009
21932 posts

re: Whats the price target of Idex?
J CAPITAL RESEARCH

another one.
y’all can have this one I wouldn’t go near it


castorinho
Oklahoma Fan
13623 posts
Member since Nov 2010
67918 posts
 Online 

re: Whats the price target of Idex?
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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