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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:

Pretty much making up MEG. IDEX comes out with a clarification right afterwards because they know the lawsuits will be flying soon


As indicated above. These things are all very similar. Lots of PR on small profits. Manage debt by selling shares to insiders. They are essentially valuing their company between $.59 and $1.01 based on some recent debt “restructuring”. Typical how to pump and dump

. Potential shareholder lawsuit


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hiltacular
Georgia Tech Fan
Philadelphia
Member since Jan 2011
16221 posts

re: Whats the price target of Idex?
quote:

J CAPITAL RESEARCH

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



IDEX may very well be a complete fraud but these lawsuits and accusatory reports are equally absurd.

The cover page of that report is two wrestlers, it writes like a bitter teenager at times


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

re: Whats the price target of Idex?
quote:

IDEX may very well be a complete fraud but these lawsuits and accusatory reports are equally absurd.


They are often times just trying to find a whistleblower to expose a fraud and then retain them to collect 1/3 of the recovery from the securities fine. The companies don’t actually have enough money to pay shareholders, unless they pay them with more useless shares to further dilute.


tduecen
New York Yankees Fan
Member since Nov 2006
151572 posts
 Online 

re: Whats the price target of Idex?
10k more idex, price is too good to jump now... $4 in two weeks


ColoradoTiger1987
Member since Jan 2019
273 posts

re: Whats the price target of Idex?
So the CEO has been tweeting some good stuff over the weekend. One shows a live video of the MEG facility. Go and check it out. I’m thinking we see a short squeeze tomorrow.


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rstamp1
LSU Fan
Baton Rouge
Member since Jan 2009
843 posts

re: Whats the price target of Idex?
IDEX is giving a presentation and answering questions on Tuesday. I’d imagine he will address any questions. It is pretty obvious they aren’t a fraud.

LINK


ColoradoTiger1987
Member since Jan 2019
273 posts

re: Whats the price target of Idex?
With your usual pump and dump stocks, all you hear is crickets from them when they get called out like this.


BillyBobBurreaux
LSU Fan
St. George, LA
Member since Dec 2019
13 posts

re: Whats the price target of Idex?
Making up some ground this morning.


ColoradoTiger1987
Member since Jan 2019
273 posts

re: Whats the price target of Idex?
Let’s keep it going!


hiltacular
Georgia Tech Fan
Philadelphia
Member since Jan 2011
16221 posts

re: Whats the price target of Idex?
I sold off most of my position today at 2.25. I do think most of the risk is probably gone now that the ceo has debunked a lot of the scam issues.


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USA
Member since 2001
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eng08
LSU Fan
Member since Jan 2013
4305 posts

re: Whats the price target of Idex?
I just sold it all Friday.


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02
Ballstein32
Auburn Fan
Member since May 2020
14 posts

re: Whats the price target of Idex?
What is with all these lawsuits being filed against them? I feel like that's 5 or 6 of them now.

With everything I've seen and read about the situation I feel like IDEX got hosed by hindenberg and j capitol. But all these lawsuits I see keep going after Ideanomics


LSUregit
LSU Fan
Member since Dec 2013
1325 posts

re: Whats the price target of Idex?
NETE may be an interesting one for ya'll IDEX fans. They had a big pop couple wks ago but still only 36m market cap.

LINK


Ballstein32
Auburn Fan
Member since May 2020
14 posts

re: Whats the price target of Idex?
Marked it down to watch and research later tonight. Thanks!


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20
ColoradoTiger1987
Member since Jan 2019
273 posts

re: Whats the price target of Idex?
quote:

NETE


Looks like they had a pretty big pop this month. The smaller market cap is a little concerning. What do you think for a buy in price?


SwampKitty
LSU Fan
Brusly, LA
Member since Sep 2015
1080 posts
 Online 

re: Whats the price target of Idex?
How's everyone feeling on IDEX right now? I bought back in at 1.75.


ColoradoTiger1987
Member since Jan 2019
273 posts

re: Whats the price target of Idex?
They just had a Q&A with their CEO/CFO. One of my big take aways was that they are NOT an EV producer.

My interpretation of what they said was that they were more of a broker between the producer and the car dealership. They would essentially buy the EV Vehicles from the manufacturer and then find a dealership to sell them at.

Did anyone else watch and have a different interpretation?


papz
LSU Fan
Austin, TX
Member since Jul 2008
8894 posts
 Online 

re: Whats the price target of Idex?
Wait a second here...

When you invested, you actually thought they built EV's?


ColoradoTiger1987
Member since Jan 2019
273 posts

re: Whats the price target of Idex?
To be quite honest, I bought this off a whim from Witness without doing DD. I’m not very knowledgeable in the aspect of how the whole car exchange thing works. That’s what I get for watching the Stocktwits threads. Rookie mistake.


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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?
I think that’s what they’ve said all along. They are just a broker.


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