INPX Under the Microscope: A Never Before Seen Forensic Breakdown of a Chatroom Penny Stock Pump and Dump

 

 

Source: Google.com

 



Last week from January.2nd to January 3rd, INPX spiked 600% for no reason whatsoever. There was literally no news to justify that ridiculous price action, and what was even more puzzling was that not once during any of these awe inspiring intraday parabolic upticks was it halted by the Nasdaq, a supposed Self Regulatory Organization“(SRO) that has been entrusted by the government with the task of regulating itself.

Included in this report are dozens of archived comments from all the fake posters, fake analyst forecasts, and key filings that precipitated this massive pump and dump. All times listed on archive.is are in UTC



You can view the original post by copying and pasting the link at the top of the page.

 



Let’s first begin by taking a look at the incredibly fake analyst projections posted on CNN’s website. This wouldn’t be the first time they’ve been caught doing something this, and it’s very strange that still to this day it continues to go completely unreported. Apparently posting brazenly fake analyst projections is just a non issue in today’s Nasdaq Capital Markets, where anything goes so long as you are providing liquidity — someway, somehow, that’s all that matters.





 



The excuse that it’s their algorithm not adjusting for prior reverse splits is completely unacceptable. 1000’s of innocent hard working American investors were already confused enough about this disgraceful pump and dump, so they did not need a Big 6 media corporation that prides itself as being “The Most Trusted Name in News” contributing to this convoluted mess of lies, deceit, misrepresentations, and outright fraud. Maybe it happens so frequently today that people feel it just isn’t worth their time anymore — but who knows.

Since at least May 2019, CNN has been saying that analysts are projecting Alibaba, one of the largest corporations on the planet, will increase by a factor of 823% over the next 12 months.

If there was ever a better example of CNN’s complete lack of regard for the idea of journalistic integrity, it would be this. They might be able to get away with the algo argument when it’s just a small penny stock like INPX, but not when it’s BABA, one of the most subscribed tickers in America.

Just to give you an idea of how outrageously fake this analyst forecast truly is, if Alibaba were to have increased by 823% at the time of this analyst “projection”, its market cap would’ve been $3.8 trillion, 3x that of Apple, the first trillion dollar company in history. It’s been like this for almost a year now.







As crazy as it may sound, people actually believe these CNN projections.





Just check out these comments on yahoo message board.





Should we really blame these people? When emotions are flying high and with money on the line, people have a tendency to defer to anything that may support their belief system, regardless of how outrageous it may seem.

CNN is also a major media conglomerate with decades of experience, and to some, it would seem highly unlikely that this household name could be capable of making such an outlandish mistake, while at the same time not even caring enough about their viewers to fix this problem for almost 12 full months. Just to reiterate, Alibaba is one of the largest corporations on the planet..



This fake CNN analyst forecast was only the tip of the iceberg, though. The true deception was in the stock message board activity, which was filled with paid stock promoters flooding places like stocktwits and ihub with a barrage of lies, misrepresentations, and completely outrageous price forecasts. From citing bogus pentagon contracts, to claiming INPX was working with NASA Space Station, these money hungry penny pushing pimps set a new standard for low.













Take a look at this guy sporting the nifty Jeff Bezos profile pic. The person running this account had no shame, and it didn’t take long before it became crystal clear that this was much more than your average run-o’-the-mill naive penny stock investor.









To the untrained eye, that prediction would almost look like magic.

A 590% increase? Wow…. right?

Not so fast. This was very deceptive.

TRXC had recently effected a 1-13 reverse split about two weeks after the date of that post, and because the “since post” feature on stocktwits doesn’t factor in reverse split activity when displaying the percentage loss or gain relative to the time of the original post, if the price were to artificially increase by a factor of ten due to a change in the company’s share structure, it will still show that the price gained 1000% irregardless of the split.

Most people who invest in these pieces of shit penny stocks usually won’t know the difference, and when the price is swinging 20% every 30 minutes, people will see a “prediction” like this and think that they can trust in this persons judgement.

As it was stated before, when emotions are flying high with big money on the line, people tend to grasp at anything that confirms their normalcy bias.





As you can see, the company announced the split two weeks after the original comment.





When you see comments such as this with several upvotes, you are likely to act irrationally and in the moment. They are not meant to sound logical, they are meant to play on your primal emotions.

When the stakes are high, people are not driven to act by logic, they are driven by their feelings, and it’s usually only once all the dust has settled that you will realize how foolish and fake these comments truly were.

We’ve all made this mistake at some point in our lives. We will act impulsively, and then look back and wonder what the hell we were thinking. This is why chat room banter can have such a significant impact on these penny stocks. The price action isn’t based upon logic, because if it was, nobody would even invest in the first place.

For the most part, it is almost impossible to hold these penny stocks long term because by the time the company starts turning a profit, your ownership interest will be so diluted that even if you were to hold for 1 million years, you would still never break even.









It is well known in the world of marketing that social proof is one of the most important aspects of closing a sale, and if somebody sees what at least appears to be a massive crowd of people buying a stock and celebrating about all the money they have made, they might feel inclined to join in on the action for fear of feeling left out.



 

 



On the Friday before the truth of this outlandish scam finally came home to roost, many of these chatroom promoters were almost pleading with everybody to hold over the weekend. They kept saying, “Monday”, Monday”, “Better hold so you don’t miss out on Monday!”

And we sure found out why. The price absolutely TANKED



 

 

 



Then came the reverse split at 12:55 ET……on Monday



 

 

 

 

 

 

 



Once your emotions have been riled up, you will begin to look for anything that validates your desire to make a lot money and fit in with the crowd, whether that be through reviewing unreliable news sources like CNN Business, seeing screenshots of all the money people have made, or by viewing other bullish news items.

This, combined with all the people in chat rooms pumping up the share price, is usually all it takes for most of the unfortunate victims of these massive daily Nasdaq Capital Market Scams..





This was also a complete lie by the way. The company was not awarded another extension by the Nasdaq, and this was stated clearly in the company’s filings.



 

 

 



 

 

 



 

Nowhere comes the real question: where was the Nasdaq?

Not one halt? Not even one?..They always halt stocks that move like this — always.

They halted several stocks that day, but for some unknown reason that the NASDAQ has yet to disclose, the biggest pump and dump in several months was given free reign to suck thousands of unsuspecting American investors into being completely and utterly scammed.

Don’t you find that just a little bit..odd?



 



How is it possible that with all these shenanigans going on, and after halting eight other stocks on that very same day, that such a preposterous hoax — one that is rarely seen by even the most astute traders on Wall Street — a swindle so obviously fake; how is it that this scam was given a free pass by Nasdaq Inc (NDAQ), the supposedly self regulated symbol of American Exceptionalism, while eight other stocks were not?

Did they not think that a 100% percent spike on no material developments warranted further inspection? Again, they temporarily halted eight other stocks that day, so why did they leave this one — the worst one — completely free to spike as high as it wanted without even one intervention? Is that even possible in today’s world of AI supercomputers and big data warehousing? Unfortunately for the innocent hard working people that had their money outright stolen, they will forever be left to speculate, because remember everyone, they regulate themselves.

You wanna know why the NASDAQ probably chose not to intervene on morning of January.2nd as INPX was spiking 100’s of percent, and while 1000’s of unsuspecting investors were getting sucked into buying this practically worthless company? You have to remember something: they are a publicly traded company with shareholders and competitors, and the more money they make, the better those quarterly’s will look. They also don’t only make money from listing fees either, they make money from market making, and when you are a market maker, higher spreads lead to higher profits.

Volatility also attracts traders, and there is nothing more valuable than knowing the direction of this volatility. Think about it: if you know the price is just going to tank, you can sell all this fake paper to unsuspecting investors at artificially inflated prices, then once everybody realizes they were scammed, you can simply buy it back for pennies on the dollar.

Over the past couple of decades, there have been thousands of these companies that have dominated the headlines. They attract customers, money, and liquidity, so why should they put a stop to it? Remember, they regulate themselves, so it’s not like they will get into trouble or anything, and even if they do, it’s usually just a small fine every 3-4 years anyways. The risk reward is simply too great.

This is the real reason why the NASDAQ didn’t halt INPX, and why these scams have been allowed to continue with perpetuity without even so much as a peep from the media. Them and their clique of insiders simply have too much to gain, and once again, the Average American Worker is ripped off by their stock market, further intensifying the already severe and rapidly growing gap between the rich and the poor in the United States of America.


 

 

David Green (@logger83) | Stocktwits (TD and Webull froze for everybody)

CMoney (@CMoney365) | Stocktwits (Webull locks up)

Inpixon – Поиск в Google
Trade Halts – Current
Home
Inpixon CEO Provides 2019 Business Recap and Outlines Plans for 2020
In the News
Sam (@Salm10) | Stocktwits
Trade Halts – Current
Inpixon’s CEO Nadir Ali Interviewed Today on Yahoo! Finance LIVE “On the Move” Program Nasdaq:INPX
Inpixon CEO Interviewed on Yahoo! Finance LIVE On The Move Program – YouTube
Inpixon – Поиск в Google
Inpixon (INPX) Stock Analysis & News | Seeking Alpha
Inpixon (@InpixonHQ) / Twitter
Inpixon (INPX) Stock Forum & Discussion – Yahoo Finance
inpx stock – Поиск в Google
Sam (@Salm10) | Stocktwits
Sam (@Salm10) | Stocktwits
Trade Halts – Current
inpx – Поиск в Google
Breaking News: INPX latest news. – The Fly
MarketWatch
SEC Info – Inpixon – ‘8-K’ for 7/9/19 – ‘EX-99.1’
SEC Info – Inpixon – ‘8-K’ for 8/15/19 – ‘EX-99.1’
Alicia williams (@Tradergal8994) | Stocktwits
Matthew Outlaw (@mcoutlaw7) | Stocktwits
Sam (@Salm10) | Stocktwits(compares it to microsoft)
INPX – Inpixon Forecast – CNNMoney.com
INPX – Inpixon Forecast – CNNMoney.com
SEC Info – Wiegand Chris – ‘SC 13D’ on 8/27/19 re: Inpixon
SEC Info – Inpixon – ‘8-K’ for 8/15/19
WorkingHard2BeRich (@StockCrazySamuriseee) | Stocktwits
C (@ur_mom_trades) | Stocktwits (PENTAGON CONTRACT)
Fuel Cells (@49ersfan) | Stocktwits
C (@ur_mom_trades) | Stocktwits
olivia (@oliviathundec) | Stocktwits
Adam D Hillyer (@AHilly92) | Stocktwits
WorkingHard2BeRich (@StockCrazySamuriseee) | Stocktwits
Chung (@Yadiddas) | Stocktwits
Eric (@Handsom) | Stocktwits
!!!!!Enjoy Life!!!!! (@Hereigns777) | Stocktwits
YoCo (@YoCo) | Stocktwits
Sam (@Salm10) | Stocktwits
braden t (@PENNYSTOCKBULLS) | Stocktwits
YoCo (@YoCo) | Stocktwits
Shandon Miller (@Shandon) | Stocktwits
Phil (@BITKOIN4LIFE) | Stocktwits
!!!!!Enjoy Life!!!!! (@Hereigns777) | Stocktwits
Canimakesomemoneyplease (@canimakesomemoneyplease) | Stocktwits
Hodor (@HodlinHodor) | Stocktwits
!!!!!Enjoy Life!!!!! (@Hereigns777) | Stocktwits
Eric (@Handsom) | Stocktwits
Sam (@Salm10) | Stocktwits
Christian (@Master_Nepogie) | Stocktwits
!!!!!Enjoy Life!!!!! (@Hereigns777) | Stocktwits
Page519 (@Page519) | Stocktwits
Matthew Plunkett (@NervousInvestor) | Stocktwits
David (@BULLiSH_Y0DA_NUTS) | Stocktwits
Sam (@Salm10) | Stocktwits
Susan Goodrich (@carlrose123) | Stocktwits
David (@BULLiSH_Y0DA_NUTS) | Stocktwits
Michael (@LetsGoCrazy) | Stocktwits
Francesco (@HydrogenFuel) | Stocktwits
Charles Thomas (@cthomas5992) | Stocktwits
Achilles (@schneiderstock) | Stocktwits
Sam (@Salm10) | Stocktwits
David (@BULLiSH_Y0DA_NUTS) | Stocktwits
WorkingHard2BeRich (@StockCrazySamuriseee) | Stocktwits
Genie Rich (@eugenergy) | Stocktwits
Brandon Gorrie (@TheDudeBuys) | Stocktwits
Sam (@Salm10) | Stocktwits
Sai Havili (@Stuffnmuff) | Stocktwits
Michael Beck (@Bullishmancaveyes) | Stocktwits
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Point Inside Mall & Airport Maps – Apps on Google Play
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Michael Beck (@Bullishmancaveyes) | Stocktwits
Sector Seer (@Sectorseer) | Stocktwits
Michael Beck (@Bullishmancaveyes) | Stocktwits
Laine (@Lainenergy) | Stocktwits
Laine (@Lainenergy) | Stocktwits
Ryan Daniels (@MrDaniels) | Stocktwits
IST Trading (@InteractiveSwingTrades) | Stocktwits
Inpixon (INPX) Stock Price, Quote, History & News – Yahoo Finance 
(close jan.3)

Alex (@aespinal732) | Stocktwits
2019 Top 100 Geospatial Companies and Startups List – Geoawesomeness
Chace Sonny (@SneeakyTwits) | Stocktwits (can’t wait for monday)
Dave Marott (@Dmr1984) | Stocktwits
Justin Wehrman (@Justinjdw93) | Stocktwits
Aryan (@FeRoCiiOuS) | Stocktwits
Osama Abdulaziz Alnasser (@Gladiator84) | Stocktwits
Willy Wonka (@MrGreenFrog) | Stocktwits
Steffany Sears (@Erose76) | Stocktwits
Mike (@Twits_n_chips) | Stocktwits
Dustyn G (@TheLionofwallstreet) | Stocktwits
Derrick (@deeteejay) | Stocktwits(People were saying the same thing about amazon)
Derrick (@deeteejay) | Stocktwits
Derrick (@deeteejay) | Stocktwits
Derrick (@deeteejay) | Stocktwits
donald huber (@merchvent) | Stocktwits
John Roger (@tradeexpert_no_1) | Stocktwits
donald huber (@merchvent) | Stocktwits
David (@BULLiSH_Y0DA_NUTS) | Stocktwits
Anthony (@Miamibullnationy305) | Stocktwits
David (@BULLiSH_Y0DA_NUTS) | Stocktwits
HuntHigh (@HuntHigh) | Stocktwits
Brian Sk (@darkwolf75) | Stocktwits
Eric (@Handsom) | Stocktwits
Luis Martinez (@theviper30) | Stocktwits
What is Inpixon and how big is its potential – YouTube
John (@LittleJohn01) | Stocktwits
SMARTYIELD (@Smartmoneyield) | Stocktwits
EJ Ezra (@EJEzra) | Stocktwits
Erick (@Erick809) | Stocktwits
Willy Wonka (@MrGreenFrog) | Stocktwits
Jamie Forward (@ForwardFamily17) | Stocktwits
Edward Ennels (@eennels0157) | Stocktwits
Paul G (@Pauly_G) | Stocktwits
Gabi (@Gabrielle36) | Stocktwits
Hassan Awad (@Hassan77) | Stocktwits
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Derrick (@deeteejay) | Stocktwits
Isai Jaimes (@CryptoCrates) | Stocktwits
Philippe Meiffret (@Phil1975) | Stocktwits
Ninja_Fox (@Likos) | Stocktwits (shut up and take my money)
Hamdy (@Hammoda) | Stocktwits
D (@DAPM) | Stocktwits
Marcus (@Lucky556) | Stocktwits
D (@DAPM) | Stocktwits
Inpixon (INPX): Thanks for your post last week. I
Inpixon Announces Reverse Stock Split for NASDAQ Compliance
Inpixon (INPX): ***LEARN TRUTH***
Derrick (@deeteejay) | Stocktwits
Sam (@Pinkstreet) | Stocktwits
big boy (@Hornsy) | Stocktwits
Ryan zamo (@Theryanzamo) | Stocktwits
GeorgeCfo (@GeorgeCfo) | Stocktwits
New Beez (@illtakeyourmoneyandman) | Stocktwits
E! (@5MillRun) | Stocktwits
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New Beez (@illtakeyourmoneyandman) | Stocktwits
INPX Inpixon — Stock Price and Discussion | Stocktwits
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Tahuru Ikada (@tahuru) | Stocktwits

Tahuru Ikada (@tahuru) | Stocktwits

 

INPX Inpixon — Stock Price and Discussion | Stocktwits

down 69%

INPX Inpixon — Stock Price and Discussion | Stocktwits

Inpixon (INPX): So what will we need now? $45 bucks
Dustyn G (@TheLionofwallstreet) | Stocktwits
Mikes back (@Starseed125) | Stocktwit

6 thoughts on “INPX Under the Microscope: A Never Before Seen Forensic Breakdown of a Chatroom Penny Stock Pump and Dump

  • Pingback: This Reddit Thread on R/Pennystocks Looks Like it’s Part of Some Kind of a Paid Marketing Campaign..

  • January 12, 2020 at 6:54 pm
    Permalink

    There was a reason for all the attention this instrument aquired. They had news and the price was right. It’s that simple. The market is about predicting the future and deals were being made. Even a TV showing. Everyone is warned the market is volitile the issue is reverse splits. It’s a magic card pulled when things don’t go as planned. U don’t know how it would have ended if it were left to organically rise or fall. So to blame others for not stepping in is a copout. U are always in control of your opinion. I saw the first afternoon spoke and choose not to chase. Scared money doesn’t lose money. The idiot at CNN probably believed this company had potential with indoor positioning whatever that crap is. The market can’t start halting stocks for going up or down to fast. That’s not free market.

    Reply
    • January 12, 2020 at 6:55 pm
      Permalink

      This statement proves you know nothing about the stock market
      “The market can’t start halting stocks for going up or down to fast”

      This was the biggest scam I’ve seen in a long time. There was literally nothing that justified that parabolic move; it just happened out of nowhere. Look yourself.

      Why would you even attempt to apologize for these crooks? It’s rhetoric like yours that enables these scams to continue robbing 100’s of millions (probably more) every year from average hard working Americans, which only acts to further demoralize an already indebted and under represented middle class.

      All these crooks do is suck money out of the pool without providing anything in return, and the fact that nobody even blinks an eye anymore at such rampant and obvious fraud speaks volumes about our society today. The sheer absurdity of these pump and dumps is like something you would expect in a place like Romania, not the United States of America, the supposed greatest nation in human history.

      It’s about time we take a long look in the mirror, because this is getting to be an embarrassment. It’s time we put a stop to it once and for all. If Zuckerberg wants to
      ban our speech online while such brazen institutional theft is allowed to go completely unchallenged almost on a daily basis, then we truly are creating a two tiered dystopian nightmare no different than any other highly corrupt dictatorship seen throughout history.

      Reply
    • January 14, 2020 at 9:19 pm
      Permalink

      But the market does halt stocks for going up or down too fast.

      Address that issue without dismissing.

      We will go through each issue, one at a time, until you finally comprehend what you are reading.

      Reply
  • January 10, 2020 at 2:49 am
    Permalink

    I’m “GaijinTrader” on that INPX thread. I got caught up in the hype too but recognized quickly that there were shenanigans going on. I sold for a profit just before the dump and then really started digging. I think there is a story about Sabby Management and Hal Mintz and his Cayman offshore entity and their involvement in all these penny stocks. INPX, TTNP, ADXS, etc. I wouldn’t at all be surprised if the pumpers like salm10 were associated with them in some way. I read two posts from that guy and immediately blocked him. I tried to warn folks once I had the same conclusion you did. Naturally, I’ve been told to pound sand by folks still holding this worthless stock. Being called a bear, etc. Now folks are moving to TTNP for their “next big run”. Same stuff happening on that ticker. I’m new to ST and to active trading (most investments in retirement accounts) and this has really opened my eyes. Thankfully, I’ve trained myself over the years to recognize BS by seeing manipulation in the MSM. It served me well here and I’ll be avoiding these stocks like the plague, just as I did when I turned off the MSM back in the mid 2000’s. All spin and opinion when all you want are the facts.

    Reply

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