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  5. MISC: I came across SMX stock. [Miscellaneous]
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Q: I came across SMX stock. It shows 52 week from 3 to 66k. Is this worth investing. Can you please give your opinion.

Thanks for the excellent service
Asked by Hector on December 05, 2025
5i Research Answer:

There are so many red flags with SMX. First, the stock is down 99.6% in a year. It has done 5 reverse splits this year, so the number of shares is tiny and the tradable float even less. This means any buyers need to pay (way) up to get stock. Insiders own 26% making it even thinner. We show no revenue, losses and negative cash flow. It puts out a massive number of promotional press releases. The market cap very small even after its big moves. The big move recently looks to be a massive short squeeze, with 28% of the shares shorted. The technology is interesting in principal, but with no revenue it can't be quantified or verified, really. There is nothing of interest here on a fundamental basis. The stock might go up more, for sure, on hype and more short covering, but when the party ends it will be very ugly on this one.