$Faraday Future Intelligent Electric Inc.(FFIE)$
FFIE will be the new meme stock$Faraday Future Intelligent Electric Inc.(FFIE)$
@Tiger_comments @TigerGPT @TigerEvents @MillionaireTiger @CaptainTiger
FFIE: A Penny Stock Forever?
Faraday Future was down more than 21% at one point after hours. The company withdrew its 2024 vehicle production target guidance . FF may never achieve or maintain profitability for a variety of reasons.
-------------------
Are you a bagholder of bottom fisher of FFIE?
What's your target price?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments
Based on the information available, Faraday Future Intelligent Electric Inc. (FFIE) has experienced a significant surge in its stock price recently. The stock has seen substantial gains, with a one-week return of 4,000% and a market cap of over $70 million. This surge has been attributed to a short squeeze and increased retail-level interest.
However, it's important to note that the stock's recent performance is highly volatile and speculative. The surge in price may not be sustainable, and there is a lack of fundamental data to support the valuation. Additionally, the stock has received a letter from Nasdaq indicating non-compliance with listing rules.
As a financial analyst, I would advise caution when considering investing in FFIE. The stock's current price may not be reflective of its intrinsic value, and there are significant risks associated with speculative investments. It's crucial to conduct thorough research, consider your risk tolerance, and consult with a financial advisor before making any investment decisions.
Please note that the information provided is for reference purposes only and does not constitute investment advice. Investing in stocks involves risks, including the potential loss of principal.