Ideanomics Inc (IDEX)

[Looking4BIGcash]

IMHO... I think we have a nice base in the low $2s... so I feel comfortable that even if it drops... it will find it's way back to the $2.28-$2.55 range in short order... so limited downside. On news of Mobile adoption numbers... depending on how quickly they pick up subscribers (which so far have seemed pretty good) this should be back to $3.50 with little effort. If they surprise (to the positive) I expect over $5.50. This could be done by Christmas... I really like the work the new CEO is putting in. Very driven guy with a diversified multimedia plan. This Co has matured dramatically in 2014. And don't forget the Investor who bought a large position this year He has expectations here as well.

NEW YORK, May 22, 2014 /PRNewswire/ -- Mr. Xuechu He, who was named #38 on Forbes richest Chinese list in 2010 with a new worth of RMB 12 billion, purchased a stake in YOU On Demand (YOD) from C Media Limited ("C Media"), a leading mobile video service provider in China, in a private stock transaction. Mr. He purchased 2,285,715 restricted Series E convertible preferred shares.