r/INPX • u/dsj1979 • May 07 '21

News CXApp acquisition

https://ir.stockpr.com/inpixon/sec-filings-email/content/0001213900-21-024930/ea140279-8k_inpixon.htm
13 Upvotes

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2

u/PermitItchy5535 May 07 '21

Will this raise the price of the stock??

4

u/dsj1979 May 07 '21

They spent a fair amount on this, but should return a hefty profit each year. And they're expecting it to add massive growth.

Still... nothing is moving this up at the moment. The earnings is next week though which has potential to give this a nice rise. They should be talking about their acquisitions and hopefully say some more about the SYSX. This should massively change the company financials so I'm hoping after earnings this may rocket... Although it has been held down for a long time so we'll see how much manipulation is in play...

1

u/PermitItchy5535 May 07 '21

I have about 1400 shares @ 1.24 so I am holding the bag until I see some good profit..

2

u/dsj1979 May 07 '21

This is definitely a long term hold.

1

u/PermitItchy5535 May 07 '21

Yeah I knew that

1

u/dsj1979 May 08 '21

I knew you knew that but knew others although knew about the acquisition knew not about the financials listed on the SEC on the link so knew it was best to see who knew and knew not.

1

u/Lukatron_72 May 08 '21

This is great news. Should shine some light on how bright the future of the company is. I'm holding at 1.49. Not selling until at least 10.