MamieBenson
06-11

$Faraday Future Intelligent Electric Inc.(FFIE)$ The thing about FFIE is, there's absolutely zero thesis. There's no argument for it. Only silly little sayings that could (also falsely) be applied to any >$0.10 penny stock, like this one was a month ago. There's no viable business. Nobody shorted it so much because to make money there would have had to be buyers, and it had no buyers. It has nothing, means nothing. The only reason it isn't below fifty cents is because that's where puts are available and so the money to be made is between $0.50 and $1, and you can see where it'll languish for time and all eternity now.

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?
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