$Faraday Future Intelligent El-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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pekss
05-07

$Faraday Future Intelligent Electric Inc.(FFIE)$ made a spectacular comeback when its stock price shot through the roof today in the early trading hours! I believe that this is the feat of the meme stock community, as I could not find any news that would substantiate such an uprising of a company that has been plagued by weak demands, deteriorating balance sheet and stock price that has fallen over 99% over a year. Its pledge to turnaround the company, attain profitability and defend shareholder value has not shown any results so far, and its continuity as a going concern has caused an overhang over its stock price.

In fact, I'm not convinced that the rebound in stock price overnight is any indication of the company's recovery, and I believe that the stock price has run ahead of Faraday Future's fundamentals, and it would resume its free fall once the meme frenzy party is over.

The macro headwinds are not helping Faraday Future either, as the EV market is seemingly getting saturated with Tesla-wannabes and other conventional vehicle makers jumping onto the EV bandwagon, so that pricing is increasingly becoming the weapon for snatching and defending market shares to the detriments of the profit margins for all EV makers.

Hence, I would take advantage of the unjustifiable rally in stock price to relinquish my holding if I'm a shareholder.

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bubbly9
·05-08
Wow, that's quite a turnaround for Faraday Future!
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BruceBryant
·05-08
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I believe that this is the feat of the meme stock community, as I could not find any news that would substantiate such an uprising of a company that has been plagued by weak demands, deteriorating balance sheet and stock price that has fallen over 99% over a year. Its pledge to turnaround the company, attain profitability and defend shareholder value has not shown any results so far, and its continuity as a going concern has caused an overhang over its stock price.\n<p><br></p>\n<p>In fact, I'm not convinced that the rebound in stock price overnight is any indication of the company's recovery, and I believe that the stock price has run ahead of Faraday Future's fundamentals, and it would resume its free fall once the meme frenzy party is over.</p>\n<p>The macro headwinds are not helping Faraday Future either, as the EV market is seemingly getting saturated with Tesla-wannabes and other conventional vehicle makers jumping onto the EV bandwagon, so that pricing is increasingly becoming the weapon for snatching and defending market shares to the detriments of the profit margins for all EV makers.</p>\n<p>Hence, I would take advantage of the unjustifiable rally in stock price to relinquish my holding if I'm a shareholder.</p>\n<p><a href=\"https://ttm.financial/U/3527667670347831\">@TigerWire</a>&nbsp;</p></body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/FFIE\">$Faraday Future Intelligent Electric Inc.(FFIE)$&nbsp;</a><v-v data-views=\"0\"></v-v> made a spectacular comeback when its stock price shot through the roof today in the early trading hours! I believe that this is the feat of the meme stock community, as I could not find any news that would substantiate such an uprising of a company that has been plagued by weak demands, deteriorating balance sheet and stock price that has fallen over 99% over a year. Its pledge to turnaround the company, attain profitability and defend shareholder value has not shown any results so far, and its continuity as a going concern has caused an overhang over its stock price.\n<p><br></p>\n<p>In fact, I'm not convinced that the rebound in stock price overnight is any indication of the company's recovery, and I believe that the stock price has run ahead of Faraday Future's fundamentals, and it would resume its free fall once the meme frenzy party is over.</p>\n<p>The macro headwinds are not helping Faraday Future either, as the EV market is seemingly getting saturated with Tesla-wannabes and other conventional vehicle makers jumping onto the EV bandwagon, so that pricing is increasingly becoming the weapon for snatching and defending market shares to the detriments of the profit margins for all EV makers.</p>\n<p>Hence, I would take advantage of the unjustifiable rally in stock price to relinquish my holding if I'm a shareholder.</p>\n<p><a href=\"https://ttm.financial/U/3527667670347831\">@TigerWire</a>&nbsp;</p></body></html>","text":"$Faraday Future Intelligent Electric Inc.(FFIE)$ made a spectacular comeback when its stock price shot through the roof today in the early trading hours! 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