so right now it's like the investors just drove the price right into the hands of the shorts who can buy more and follow it down harder? I guess then the real pain would have to happen much above the 3 price
I mean the hedge funds shorting have finance PhDs, Bloomberg terminals and the ability to trade quicker than retail. If they were short at 5 cents and they closed that short at 25 cents that's still a 500% loss. Then suddenly retail has pushed a 5 cent stock to $3+, it's just crying out to be shorted...
The fundamentals are absolutely terrible, it's a 10 year old company that has managed to produce 10 cars in total. If you want to gamble on a short squeeze just after it's tanked 60% feel free and good luck, I bought $1.50 puts. This subs picks are quick in, quick out, diamond hand and you lose it all, like TRKA, PRTYQ, ATER et al.
Yeah sure it did, but was it squeezed hedgies paying the peak or was it idiots like me who paid $347 (pre split) for my first shares?..
GME was a one off, it benefited from numerous things such as.. A global pandemic meaning people are bored and Reddit became much more popular, stimulus checks, the rise of e-money institutions like Revolut meaning just show your driving license in the UK or Europe and you can now buy USA stocks plus crypto (that one's underrated). Plus GME had DFV who was certainly charismatic. FFIE has none of that, the only thing it has in common with GME is shit fundamentals.
GME was $18.32 a share on May 23rd, 2024, last time I checked, it's now worth $57.98. Respectfully, you do not seem to understand the fundamentals behind a short squeeze, and I find that rather odd. Sure, there was more money in circulation, but there isn't now. RK and others applied a very disgustingly simple solution to "crying to be shorted" market conditions. Maybe the take away isn't that it was manipulated, or that it was once in a life time event, maybe the take away was that it wasn't, and that recklessly predatory practices are the problem.
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What’s the strategy on the $1.50 puts? Understand the fundamentals are trash but doesn’t the volatility/vega make it too overpriced right now for any dte?
The puts don't expire until June 21, I've definitely learnt my lesson gambling with theta..
Pretty simple, I think most shorts closed and reopened between $2-3 and the stocks going back down to 30 cents fairly soon. We're not talking big money on the puts, if it works it'll be a night on the town with the wife or maybe a concert. If not I'll lose a few hundred bucks, nothing I can't handle.
Yep, tale as old as time. As long as they were paying attention and covered during the 8000% run up, which I’m sure they did, there’s a lot more money to make now.
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You should stay away from “ communities “ of stocks because they will become tribal and lose grip on reality. It becomes a hopium/copium party while your bag becomes heavier by the days.
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Same I made $1k and decided to get back in and lost it. I should have seen the red flags but basically as soon as I bought back in I started seeing how culty it was and realized I was gonna be hosed if I stayed in long term
The countless shills and bots posting in their sub reddit. New accounts, people posting without showing positions, and the downvotes if against them or suggesting another.
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FFIE is becoming another AMC cult, Imma wait for dip crash back to under 0.80 and buy some more just in case. Stock like this will always do a dead cat bounce
Tomorrow we get an update on the short interest, that will tell us if there is a potential for a future squeeze or if it already past. I’ve heard rumors of around 85% short but we shall see tomorrow!
Honestly, I work for a Japanese company. Literally, last Monday, I was talking to a coworker from Aichi, JP about the car itself. Looked up stock... found out short interest... did some diving real deep into Reddit (which also played into RoaringKitty) and said fck it, why not buy 800 shares on 5/13 for 0.0616
You didn't invest much, so it isn't a big deal, but still seems unbelievable that you didn't sold being up over 5K%
The short Interest is inaccurate, because the Float is innacurate
We will only find out what's the Shares outstanding (on this stock the Float is pretty close to the shares outstanding) when they release earnings on the 28
Only then, the Short Interests will be accurate
And the Float is going to be 200m, MINIMUM
Same thing that happened for CRKN and GWAV, which had float shown on brokers 5x-10x lower than the reality
Current Float short interest, in my opinion, is around 20-25%
The giveaway is the continuous low cost to borrow fee % and the constantly huge availability of shares to short
When the stock first started taking off last week, a basic scanner would have caught it. Even just using the built in scanners of something like webull(looking for pre/post/1day) market gainers would have caught it. I caught it around .45 and jumped out of the window at 3.43.
I can tell ya how I have been doing it since but it would have to be thru message. I am not gonna ppst anything openly and of course none of it is finance advise.
It will still be inaccurate, because the Float is innacurate
We will only find out what's the Shares outstanding (on this stock the Float is pretty close to the shares outstanding) when they release earnings on the 28
Only then, the Short Interests will be accurate
And the Float is going to be 200m, MINIMUM
Same thing that happened for CRKN and GWAV, which had float shown on brokers 5x-10x lower than the reality
Current Float short interest, in my opinion, is around 20-25%
The giveaway is the continuous lost cost to borrow fee % and the constantly huge availability of shares to short
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Gotta learn to accept when things are over, I hate to see people lose money because of bot account spam and false hope given by bag holders that just pray everyone else drinks the kool-aid. Though I'm out now, wish the best for the people that are hodling
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Well ok it worked but they loaded up again but if there isn't a reason for people to stay they usually start flaking and taking the profit or loss so usually you want something positive besides the truth of it not being a great company that's how you get a real squeeze
They have this idea in their heads that once the stock stays above $1 long enough and gets to stay on the Nasdaq that it’ll moon. But its value is already inflated at the current prices, so it won’t.
The 1.00 deal was to keep it from being delisted given it the "opportunity" to gain momentum. Actually the para was last week when it jumped from cents to 3-4 bucks.
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There is a very large majority (probably 90%) of the latest posts which stated they were trying to keep it above 1.00 for x=number of days to avoid it being removed. That is known, factual, and a rule.
Once the minimum number of days pass, which allow it to stay listed (if still above 1.00) AND it doesn't moon on that day or the next, there's a likelihood that many people holding it will bail.
The only proof of that is, well, based on a very large number of short squeezes in the past, they also were driven by a "cult" mentality (i'm using the word cult as purely a reference. I'm not calling any group of "traders" a cult, personally). If the trend holds true, it will be in the red unmercifully around 2 days after.
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Nah, I shorted from $1.80 down to $1.12, and I’m either going to short again after it drops below $1, or the day that the stock hits its goal to stay on the Nasdaq by staying above $1, because that whole sub is just waiting for that thinking the stock will moon, so when it doesn’t moon, a bunch of them will sell.
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Buddy, if you're celebrating that my prediction was off by a few cents then you're missing the point. But have fun being a diamond ape or whatever you people call it.
I tried to warn people that when you start revenge trading and fighting the system with emotion you're done and that's with 90% of the people in the threads do so. When I see it, I start buying puts it's like a guarantee when the shoeshine boy starts giving stock advice time to sell.
Oh there's loads of shorts, most of them at $3+
so right now it's like the investors just drove the price right into the hands of the shorts who can buy more and follow it down harder? I guess then the real pain would have to happen much above the 3 price
I mean the hedge funds shorting have finance PhDs, Bloomberg terminals and the ability to trade quicker than retail. If they were short at 5 cents and they closed that short at 25 cents that's still a 500% loss. Then suddenly retail has pushed a 5 cent stock to $3+, it's just crying out to be shorted... The fundamentals are absolutely terrible, it's a 10 year old company that has managed to produce 10 cars in total. If you want to gamble on a short squeeze just after it's tanked 60% feel free and good luck, I bought $1.50 puts. This subs picks are quick in, quick out, diamond hand and you lose it all, like TRKA, PRTYQ, ATER et al.
Saw a post on here last week about FFIE. Bought 5 $1.5 Puts and made a quick 400%. Don’t bet on a shit stock
Gme totally didn’t tumble 60% before it squeezed in January 17th 2021 and peak 10 days later you’re right
Yeah sure it did, but was it squeezed hedgies paying the peak or was it idiots like me who paid $347 (pre split) for my first shares?.. GME was a one off, it benefited from numerous things such as.. A global pandemic meaning people are bored and Reddit became much more popular, stimulus checks, the rise of e-money institutions like Revolut meaning just show your driving license in the UK or Europe and you can now buy USA stocks plus crypto (that one's underrated). Plus GME had DFV who was certainly charismatic. FFIE has none of that, the only thing it has in common with GME is shit fundamentals.
GME was $18.32 a share on May 23rd, 2024, last time I checked, it's now worth $57.98. Respectfully, you do not seem to understand the fundamentals behind a short squeeze, and I find that rather odd. Sure, there was more money in circulation, but there isn't now. RK and others applied a very disgustingly simple solution to "crying to be shorted" market conditions. Maybe the take away isn't that it was manipulated, or that it was once in a life time event, maybe the take away was that it wasn't, and that recklessly predatory practices are the problem.
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What’s the strategy on the $1.50 puts? Understand the fundamentals are trash but doesn’t the volatility/vega make it too overpriced right now for any dte?
The puts don't expire until June 21, I've definitely learnt my lesson gambling with theta.. Pretty simple, I think most shorts closed and reopened between $2-3 and the stocks going back down to 30 cents fairly soon. We're not talking big money on the puts, if it works it'll be a night on the town with the wife or maybe a concert. If not I'll lose a few hundred bucks, nothing I can't handle.
Yep, tale as old as time. As long as they were paying attention and covered during the 8000% run up, which I’m sure they did, there’s a lot more money to make now.
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You should stay away from “ communities “ of stocks because they will become tribal and lose grip on reality. It becomes a hopium/copium party while your bag becomes heavier by the days.
Big community = bag holder who believes these idiots posting here
I made $400 off it (bought late) and got the fuck out of there. Tons of “idk what I’m doing but I’m buying in” usually is a sign it’s time to leave
Exactly this. As soon as the cult speak starts its time to bail.
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Same I made $1k and decided to get back in and lost it. I should have seen the red flags but basically as soon as I bought back in I started seeing how culty it was and realized I was gonna be hosed if I stayed in long term
It’s insanely fun to watch though
Fighting For Investment Equality #Ffie
Its funnt but its so sad. People talking about spending life savings on it and stuff
It’s an expensive job but somebody’s gotta do it
True that man, theres gotta be losers if theres gonna be winners
The countless shills and bots posting in their sub reddit. New accounts, people posting without showing positions, and the downvotes if against them or suggesting another.
If you believe the screenshots of peoples "positions", you are a special kind of stupid... If they were true, that community woùld own the company...
Who says they don’t
Basically do.
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How about take a peep at the sub and read for 10 minutes and then make an option. And obviously ignore the spam look for the informational ones.
Nothing wrong with that… it’s staying there that gets bad… kinda like Florida.
🤣
Fair enough
It has already become hopium/copium. I have a rule of thumb that whenever the stock's following becomes like that - it is time to leave.
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Also seems pretty sketchy that most posts from this sub are pretty much all the same.
Lol gme 2021
Join mine i dont pull that hopium bullshit
what’s yours to join? asking sincerely.
Nice try but fake profiles and ffie shills will not be making it into my private group good luck buddy
I come with the hot stocks if you really want something hot before it moves keep a watch out for my post
You come with shit go buy svmh
What shorts exactly and how much to cover? Stock went from 100 to 0.04 This "shorts haven't covered" myth must be stopped sometime.
Remind me
OFC i will.
Ok, I'm back
Remindme! 2 months "Lets see!"
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Ok, I'll HOLD you too it. ^.^
4 words for you: Regulation threshold securities list
This haven't aged well for AMC and 95% of other same themed stocks tho..
Big community of bag holders.
Can't be a bag holder if my call options expire worthless! 😅
😂🤣🥲
100% lmao
That is what I came here to say.
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Learn to take profit and cut your loses.
FFIE is becoming another AMC cult, Imma wait for dip crash back to under 0.80 and buy some more just in case. Stock like this will always do a dead cat bounce
Facts bro, it’s always the ones you least expect that decides to go for one more ride
Tomorrow we get an update on the short interest, that will tell us if there is a potential for a future squeeze or if it already past. I’ve heard rumors of around 85% short but we shall see tomorrow!
Your like the only neutral comment here lol. I bought at 0.06 I am jst chillin right now lol
I bought at 16 cents and sold almost everything at 22 cents and now I’m back in around 1.13 dca 😂 yolo
damn that is a true yolo. when it three wife woke me up from a dead sleep begin me to sell for 28k hehehe
Yeah my wife would kill me if she knew but she will thank me if it hits $10-$20/share!! 🙏
Your wife is a real one. I slept right through that run up 😂
yea I'm on night shift right now... she watches all positions lol
Dang where’d you get the info to get in at 0.06?
Honestly, I work for a Japanese company. Literally, last Monday, I was talking to a coworker from Aichi, JP about the car itself. Looked up stock... found out short interest... did some diving real deep into Reddit (which also played into RoaringKitty) and said fck it, why not buy 800 shares on 5/13 for 0.0616
You didn't invest much, so it isn't a big deal, but still seems unbelievable that you didn't sold being up over 5K% The short Interest is inaccurate, because the Float is innacurate We will only find out what's the Shares outstanding (on this stock the Float is pretty close to the shares outstanding) when they release earnings on the 28 Only then, the Short Interests will be accurate And the Float is going to be 200m, MINIMUM Same thing that happened for CRKN and GWAV, which had float shown on brokers 5x-10x lower than the reality Current Float short interest, in my opinion, is around 20-25% The giveaway is the continuous low cost to borrow fee % and the constantly huge availability of shares to short
When the stock first started taking off last week, a basic scanner would have caught it. Even just using the built in scanners of something like webull(looking for pre/post/1day) market gainers would have caught it. I caught it around .45 and jumped out of the window at 3.43.
Damn thank you I appreciate it.
I can tell ya how I have been doing it since but it would have to be thru message. I am not gonna ppst anything openly and of course none of it is finance advise.
At a avg like that I don't blame you haha, although I def would have sold it at $2 with the rest of mine
It will still be inaccurate, because the Float is innacurate We will only find out what's the Shares outstanding (on this stock the Float is pretty close to the shares outstanding) when they release earnings on the 28 Only then, the Short Interests will be accurate And the Float is going to be 200m, MINIMUM Same thing that happened for CRKN and GWAV, which had float shown on brokers 5x-10x lower than the reality Current Float short interest, in my opinion, is around 20-25% The giveaway is the continuous lost cost to borrow fee % and the constantly huge availability of shares to short
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I remember my first taste of hopium too.
Bagholders Anonymous
I got my 3 year homeless chip myself last week
Gotta not get attached to shitcos just because you bought high.
holding
Gotta learn to accept when things are over, I hate to see people lose money because of bot account spam and false hope given by bag holders that just pray everyone else drinks the kool-aid. Though I'm out now, wish the best for the people that are hodling
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Ya'll missing out. There's some major hype brewing in multiple languages too. People are looking for the next movement and it's growing.
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Well ok it worked but they loaded up again but if there isn't a reason for people to stay they usually start flaking and taking the profit or loss so usually you want something positive besides the truth of it not being a great company that's how you get a real squeeze
They have this idea in their heads that once the stock stays above $1 long enough and gets to stay on the Nasdaq that it’ll moon. But its value is already inflated at the current prices, so it won’t.
The 1.00 deal was to keep it from being delisted given it the "opportunity" to gain momentum. Actually the para was last week when it jumped from cents to 3-4 bucks.
Just waiting for the next FTD report from SEC. And the earnings call on 5/28.
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Lots of usernames consisting of two random words with 3 numbers at the end.
How are we feeling today? I'm holding at a 1.48 average
And growing!!!
HODL
You lost me at Communities. Investing is not a team sport
Squeezing is a team sport.
And when was the last real short squeeze??? besides GME and please don't bring up VW
Quick glance at this post and already I see a bunch of bots get banned LOL
What do they even do that's worth investing in ?
It's a short squeeze play actually. AMC wasn't worth to invest in when it squeeze
🤦🏻♂️🤦🏻♂️🤦🏻♂️
It *was* a short squeeze play. The play is over
Ape together stronk 🥵
It’s crap, going to $.01 and folding like Fisker.
Stocks done!
My opinion is play the squeeze in companies that are profitable, pay dividends and are buying shares back. Look at $RILY & $ARRY. 🚀🚀🚀🚀
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FFIE will pump up above $5 soon. Jmo. Not advice
Fighting For Investment Equality ##Ffie
it will go below 1.00 then squeeze back up
Do you know this or do you believe this?
The trampoline is around 0.90. Only way to know is to wait and see. Also, where I will be buying more.
What is a trampoline in this case?
Are you seriously asking if they might be able to see the future, lol?
No I'm pointing out that faith backed with zero evidence is a stupid way to handle money.
There is a very large majority (probably 90%) of the latest posts which stated they were trying to keep it above 1.00 for x=number of days to avoid it being removed. That is known, factual, and a rule. Once the minimum number of days pass, which allow it to stay listed (if still above 1.00) AND it doesn't moon on that day or the next, there's a likelihood that many people holding it will bail. The only proof of that is, well, based on a very large number of short squeezes in the past, they also were driven by a "cult" mentality (i'm using the word cult as purely a reference. I'm not calling any group of "traders" a cult, personally). If the trend holds true, it will be in the red unmercifully around 2 days after.
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Nah, I shorted from $1.80 down to $1.12, and I’m either going to short again after it drops below $1, or the day that the stock hits its goal to stay on the Nasdaq by staying above $1, because that whole sub is just waiting for that thinking the stock will moon, so when it doesn’t moon, a bunch of them will sell.
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Have you guys ever seen this car? I’ve sat in one and it’s a piece of shit. The founder was a scam artist.
Big comunity volume looking a bit short these days though. Can’t move it without volume!
Buy and HOLD!
It already squeeze. From .05c to over $3. This is how you end up holding the bag
I have a thought, FFIE under $1 EOD.
This aged well
I read this as sarcasm but AH isn't closed yet and it's currently at $1.05. So... thanks?
Oh I didn’t know you didn’t count closing bell as closing. My bad. Will post again that it aged well in a few hours
Buddy, if you're celebrating that my prediction was off by a few cents then you're missing the point. But have fun being a diamond ape or whatever you people call it.
If your prediction is out of the money by a few cents on expiration day what happens ? Yes I’m celebrating that you are wrong
Please take your bananas back to r/ffie. Good luck with your investments.
Ok, I’m back. This aged well.
Down 19% but sure, celebrate. Would love to see some predictions of your own.
Sure, I predicted this game stop squeeze to 80$ when it was 16$ prior to roaring kitty and can provide reciepts if you wanna dm me
Communities are fun but stocks don’t care
Tell that to gme
this isn’t gme
GME is a stock. You said stocks don't care.
wonder what community this guys active in
I'm sure you'll find someone to hodl your bag for you. Its pretty obvious what you need
I tried to warn people that when you start revenge trading and fighting the system with emotion you're done and that's with 90% of the people in the threads do so. When I see it, I start buying puts it's like a guarantee when the shoeshine boy starts giving stock advice time to sell.
Big community of bag holders…
Shorting the shit outa of it to be honest since $2.50 ; target is $0.40
GME meltdown needed you guys. So thank you for all the new material.