|From: acinvestorblog (Rep: 811)||Date: 03/30/2020 06:54|
|Forum: Inpixon - Msg #601||Thread #674138019 (Rec: 0) |
|is a lotto play everyone loves to hate but i think it looks poised to post another significant return in the short term. The company issued a tweet on Thursday announcing that they will do a live executive briefing on April 8th where they will explain how location tech and indoor intelligence can be leveraged to address the current COVID-19 pandemic, and establish the infrastructure to keep people safe in the future. I expect the attention to grow for this stock in the coming days and investors accumulate shares in anticipation of an increase in the price per share before the event. With penny stocks history tends to repeat itself. Do you know why? Because traders know what each stock is capable of. If you follow the market long enough and study these speculative stocks closely you can find consistencies and other helpful signs that can help you turn a profit. With some buying volume this stock could soar just like IMAC. A short term target of $3+ is not out of the question considering volume and price action this year. A push to $4 on a positive press release could be also a possibility, look what happened in December of 2019. Anyone that can read a technical chart knows exactly this stock has the capability to mount a fantastic rally again. Plus, coronavirus is the theme of the moment. As i tweeted last week, i took a long position. As I always say, history tends to repeat itslelf. Only the time will tell if I was right again.|
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