Considering I’m just getting back into swing trading I figured it would be a good idea to see if its any fresh prospects to mess around with. Then i happen to come across Ideanomics (idex) and it immediately caught my eye. I felt the need to go a little farther on this one then just watching the ranging of a chart and looking at their investors page. Even though their investors page is nice and give alot of information about what Ideanomics is about and their future goals, It’s still a bit to be desired.

   A couple month ago Ideanomics seemed to have ran into some legal troubles. With people calling them a fraud and pump and dump company. I dont think thats the case. This maybe a long hold of the century, seems to be a great buy at $1.18 right now and from closing a little over a $1.00 fridays session. ALong with that Ideanomics didnt have a shabby week last week moving from around $.78 to $1.00 is a pretty big move for a penny stock. This one may move out of penny stock territory very soom though.

   Ideanomics current projects has alot to with e-commercial vehicle and their most recent investment fintech. There’s isnt a complete link but i believe Ideanomics helped out with the GTBank during their movement from africa to being know as more of a world bank with Ideanomics blockchain focused technology to make money transfer a easier thing, more then likely help GTBanks internet integration. Ideanomics also deals with digital asset investment.

   What i find interesting about that is Ideanomics could be a large crypto investment firm in the future. After all crypto is the future wouldn’t be a bad idea getting some type of stake in the crypto game now while its still fairly obscure. Ideanomics could be a stock that someone who wants to invest in crypto currency, blockchain technology, and ai could easily and cheaply put their money into. My opinion definitely a long hold, but this is just my opinion and I’m not an analyst. This isn’t investment advice invest at your own risk.

currently sitting at $1.18

Sometimes theres different prices for different brokers heres a price comparison for some I use and you may use…







prices recorded at 3:49 pm 11/16/2020

Leave a Reply

Subscribe to get the latest articles!!
in your inbox

Subscribe to our mailing list and get interesting new articles and updates to your email inbox.

Thank you for subscribing.

Something went wrong.