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re: Whats the price target of Idex?

Posted on 6/25/20 at 10:50 am to
Posted by jmcwhrter
Member since Nov 2012
6570 posts
Posted on 6/25/20 at 10:50 am to
quote:

Well those short selling frickers at Hindenburg just posted this bull shite. Same thing they did with GNUS. Idk how I feel now. They frickin ruin everything. Twitter




yikes.. color me unsurprised that another chinese company may have misrepresented itself

Alfred came out quick to defend, however..

now Tim Sykes is shitting on IDEX
This post was edited on 6/25/20 at 10:59 am
Posted by WitnessTheLitness
Member since Jun 2017
461 posts
Posted on 6/25/20 at 11:00 am to
I'm totally all in on IDEX still. I just dont understand how the shite Hindenburg and such post isnt illegal. Blackrock and other big investors wouldnt have bought in if it was a scam. Those short sellers are just cucks. Buying more now.
Posted by LSU>USC
Campus
Member since May 2004
327 posts
Posted on 6/25/20 at 11:06 am to
To your point, SWSSX (Charles Schwab's Small-Cap Index Fund) recently doubled their position in IDEX.

quote:

June 24, 2020 - SWSSX - Schwab Small-Cap Index Fund has filed a NPORT-P form disclosing ownership of 219,027 shares of Ideanomics, Inc. (US:IDEX) with total holdings valued at $131,941 USD as of April 30, 2020. SWSSX - Schwab Small-Cap Index Fund had filed a previous NPORT-P on March 25, 2020 disclosing 106,432 shares of Ideanomics, Inc. at a value of $62,571,000 USD. This represents a change in shares of 105.79 percent and a change in value of 111.29 percent during the quarter.


LINK
Posted by jmcwhrter
Member since Nov 2012
6570 posts
Posted on 6/25/20 at 11:13 am to
this feels just like GNUS.. how hard can it be for this company to refute a claim like this?
Posted by ColoradoTiger1987
Tampa
Member since Jan 2019
1613 posts
Posted on 6/25/20 at 11:24 am to
Exactly, it’s the MM’s at their best. Trying to get their best price per share. Like I said yesterday, I won’t panic until it drops below 2.00, and if we maintain around a 2.60 price we are golden.
Posted by ColoradoTiger1987
Tampa
Member since Jan 2019
1613 posts
Posted on 6/25/20 at 11:55 am to
quote:

this feels just like GNUS.


It might be or might not.

Posted by jmcwhrter
Member since Nov 2012
6570 posts
Posted on 6/25/20 at 12:04 pm to
three... three, maybe four times a week
Posted by ColoradoTiger1987
Tampa
Member since Jan 2019
1613 posts
Posted on 6/25/20 at 12:06 pm to
quote:

three... three, maybe four times a week


Rookie numbers.
Posted by WitnessTheLitness
Member since Jun 2017
461 posts
Posted on 6/25/20 at 12:43 pm to
Hopefully it is and they both reach their potential. I'm deep in both lol

GNUS right now tho...... run baby run.. ETA: JK
This post was edited on 6/25/20 at 12:59 pm
Posted by ColoradoTiger1987
Tampa
Member since Jan 2019
1613 posts
Posted on 6/25/20 at 12:51 pm to
Not in GNUS, but just got in CTRM, going try and flip it when I can.
Posted by WitnessTheLitness
Member since Jun 2017
461 posts
Posted on 6/25/20 at 12:53 pm to
Only stock I'm green in today lol
Posted by jmcwhrter
Member since Nov 2012
6570 posts
Posted on 6/25/20 at 2:50 pm to
big volume on that plunge... hopefully just stop losses
Posted by Donnie 9 inch
Mar A Lago
Member since Jul 2018
477 posts
Posted on 6/25/20 at 3:10 pm to
Hoping to end around 2.55-2.60, but man this one has me worried a bit. Hopefully some of the recent bad PR is unfounded.
Posted by skewbs
Member since Apr 2008
2006 posts
Posted on 6/25/20 at 3:12 pm to
quote:

big volume on that plunge... hopefully just stop losses


Let's hope. Very early on in post-market but it appears to be climbing back after the pre-bell nose dive to close at 2.44.
Posted by ColoradoTiger1987
Tampa
Member since Jan 2019
1613 posts
Posted on 6/25/20 at 3:18 pm to
I’m thinking it is the stop losses that keep it down. It just needs to break through to the 4-5’s to get the penny flippers out.
Posted by Donnie 9 inch
Mar A Lago
Member since Jul 2018
477 posts
Posted on 6/25/20 at 3:30 pm to
I sure hope it does. I set my SL at $2.15
Posted by jmcwhrter
Member since Nov 2012
6570 posts
Posted on 6/25/20 at 3:30 pm to
I gotta get smarter with these frickin Chinese companies
Posted by go ta hell ole miss
Member since Jan 2007
13628 posts
Posted on 6/25/20 at 3:44 pm to
Those are old filings. Nothing suggests CS is still holding those shares. Hindenburg has been right before about companies. They sure seemed to nail the WORX issue when others were pumping that stock.

And I have asked before how a company like IDEX just pivots to EV on the fly. Nobody seems to be able to answer that question on this board. I know it’s from their MEG division, but when did they just decide to enter this arena? Seems strange.
This post was edited on 6/25/20 at 3:52 pm
Posted by jmcwhrter
Member since Nov 2012
6570 posts
Posted on 6/25/20 at 3:45 pm to
quote:

I sure hope it does. I set my SL at $2.15


ballgame
Posted by Turftoe
Denver
Member since Mar 2016
3903 posts
Posted on 6/25/20 at 3:46 pm to
my $2.55 SL triggered today. So much blood!
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