Another potential bankruptcy? -To The Moon - Tiger Brokers Online Investing Community - To The Moon

Another potential bankruptcy?

I'm sure most of the Tiger friends are familiar with the meme stocks. Notably, one of the hottest meme stocks is $Faraday Future Intelligent Electric Inc.(FFIE)$ , which has a 3000% rally from ~$0.06 to ~$1.80 recently. However, recent data have shown that only ~7% of FFIE stock's float is being sold short as compared to a high of 95% back on May 22. Hence, it is unlikely to witness another short squeeze soon.

Furthermore, the rise of various EV companies has resulted in price war to fight for larger market share. Furthermore, the competition in the EV market has intensified as numerous traditional car markers (Mercedes-Benz, BMW etc) are also investing and building more EV units. To add on to the problem, its cash balance is low and it might be the next potential EV company to go bankrupt.

In addition, data shows that inflation is still sticky and the expected rate cut is decreased to probably 1 instead of 3. A relatively high borrowing rate would be bad news for all the EV consumers. $Tesla Motors(TSLA)$ $Rivian Automotive, Inc.(RIVN)$ $NIO Inc.(NIO)$ $XPeng Inc.(XPEV)$

What do you think? Let me know your thoughts!

@Daily_Discussion @TigerStars @CaptainTiger @MillionaireTiger @TigerEvents

💰 Stocks to watch today?(22 Nov)

1. What news/movements are worth noting in the market today? Any stocks to watch? 2. What trading opportunities are there? Do you have any plans? 🎁 Make a post here, everyone stands a chance to win Tiger coins!

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

We need your insight to fill this gap

Leave a comment

3

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":322811642744880,"tweetId":"322811642744880","gmtCreate":1719841903516,"gmtModify":1719841906508,"author":{"id":3579592180464188,"idStr":"3579592180464188","authorId":3579592180464188,"authorIdStr":"3579592180464188","name":"Omega88","avatar":"https://static.tigerbbs.com/af85c47a34d1bf9d2534738ed77bef05","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":6,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.04.15","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":1274,"starInvestorFlag":false},"themes":[{"themeId":"470d3ab575ca43caaed8156645b7ccbe","categoryId":"ab3d937a5fd848c08008411a9be702b5","name":"💰 Stocks to watch today?(22 Nov)","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":470d3ab575ca43caaed8156645b7ccbe}&rnconfig={\"headerBarHidden\": true}","description":"1. What news/movements are worth noting in the market today? Any stocks to watch? \n2. What trading opportunities are there? Do you have any plans?\n🎁 Make a post here, everyone stands a chance to win Tiger coins!","image":"https://static.tigerbbs.com/cd8eaff2e99964ab7a80d92cc196fcd3"}],"images":[],"coverImages":[],"html":"<html><head></head><body><p>Another potential bankruptcy?</p>\n<p>I'm sure most of the Tiger friends are familiar with the meme stocks. Notably, one of the hottest meme stocks is&nbsp;<a href=\"https://ttm.financial/S/FFIE\">$Faraday Future Intelligent Electric Inc.(FFIE)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp; , which has a 3000% rally from ~$0.06 to ~$1.80 recently. However, recent data have shown that only ~7% of FFIE stock's float is being sold short as compared to a high of 95% back on May 22. Hence, it is unlikely to witness another short squeeze soon. </p>\n<p>Furthermore, the rise of various EV companies has resulted in price war to fight for larger market share. Furthermore, the competition in the EV market has intensified as numerous traditional car markers (Mercedes-Benz, BMW etc) are also investing and building more EV units. To add on to the problem, its cash balance is low and it might be the next potential EV company to go bankrupt.</p>\n<p>In addition, data shows that inflation is still sticky and the expected rate cut is decreased to probably 1 instead of 3. A relatively high borrowing rate would be bad news for all the EV consumers.&nbsp;<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp;<a href=\"https://ttm.financial/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp;<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp;<a href=\"https://ttm.financial/S/XPEV\">$XPeng Inc.(XPEV)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp;</p>\n<p>What do you think? Let me know your thoughts! </p>\n<p><a href=\"https://ttm.financial/U/3527667621665671\">@Daily_Discussion </a>&nbsp;<a href=\"https://ttm.financial/U/9000000000000149\">@TigerStars </a>&nbsp;<a href=\"https://ttm.financial/U/3527667618000160\">@CaptainTiger </a>&nbsp;<a href=\"https://ttm.financial/U/3527667618821228\">@MillionaireTiger </a>&nbsp;<a href=\"https://ttm.financial/U/3527667667103859\">@TigerEvents </a>&nbsp;</p></body></html>","htmlText":"<html><head></head><body><p>Another potential bankruptcy?</p>\n<p>I'm sure most of the Tiger friends are familiar with the meme stocks. Notably, one of the hottest meme stocks is&nbsp;<a href=\"https://ttm.financial/S/FFIE\">$Faraday Future Intelligent Electric Inc.(FFIE)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp; , which has a 3000% rally from ~$0.06 to ~$1.80 recently. However, recent data have shown that only ~7% of FFIE stock's float is being sold short as compared to a high of 95% back on May 22. Hence, it is unlikely to witness another short squeeze soon. </p>\n<p>Furthermore, the rise of various EV companies has resulted in price war to fight for larger market share. Furthermore, the competition in the EV market has intensified as numerous traditional car markers (Mercedes-Benz, BMW etc) are also investing and building more EV units. To add on to the problem, its cash balance is low and it might be the next potential EV company to go bankrupt.</p>\n<p>In addition, data shows that inflation is still sticky and the expected rate cut is decreased to probably 1 instead of 3. A relatively high borrowing rate would be bad news for all the EV consumers.&nbsp;<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp;<a href=\"https://ttm.financial/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp;<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp;<a href=\"https://ttm.financial/S/XPEV\">$XPeng Inc.(XPEV)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp;</p>\n<p>What do you think? Let me know your thoughts! </p>\n<p><a href=\"https://ttm.financial/U/3527667621665671\">@Daily_Discussion </a>&nbsp;<a href=\"https://ttm.financial/U/9000000000000149\">@TigerStars </a>&nbsp;<a href=\"https://ttm.financial/U/3527667618000160\">@CaptainTiger </a>&nbsp;<a href=\"https://ttm.financial/U/3527667618821228\">@MillionaireTiger </a>&nbsp;<a href=\"https://ttm.financial/U/3527667667103859\">@TigerEvents </a>&nbsp;</p></body></html>","text":"Another potential bankruptcy? I'm sure most of the Tiger friends are familiar with the meme stocks. Notably, one of the hottest meme stocks is $Faraday Future Intelligent Electric Inc.(FFIE)$ , which has a 3000% rally from ~$0.06 to ~$1.80 recently. However, recent data have shown that only ~7% of FFIE stock's float is being sold short as compared to a high of 95% back on May 22. Hence, it is unlikely to witness another short squeeze soon. Furthermore, the rise of various EV companies has resulted in price war to fight for larger market share. Furthermore, the competition in the EV market has intensified as numerous traditional car markers (Mercedes-Benz, BMW etc) are also investing and building more EV units. To add on to the problem, its cash balance is low and it might be the next potential EV company to go bankrupt. In addition, data shows that inflation is still sticky and the expected rate cut is decreased to probably 1 instead of 3. A relatively high borrowing rate would be bad news for all the EV consumers. $Tesla Motors(TSLA)$ $Rivian Automotive, Inc.(RIVN)$ $NIO Inc.(NIO)$ $XPeng Inc.(XPEV)$ What do you think? Let me know your thoughts! @Daily_Discussion @TigerStars @CaptainTiger @MillionaireTiger @TigerEvents","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/322811642744880","repostId":0,"isVote":1,"tweetType":1,"viewCount":744,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["XPEV","NIO","TSLA","RIVN","FFIE","09866","09868"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":1038,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/322811642744880"}