Will you buy meme stocks? Rece-To The Moon - Tiger Brokers Online Investing Community - To The Moon

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Will you buy meme stocks?

Recently, one of the most notable meme stocks that experienced huge surge in share price is $Faraday Future Intelligent Electric Inc.(FFIE)$ . It resulted in a 3000% surge in the share price of from ~$0.06 to ~$1.80. However, recent data have shown that only 2.75% 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, most EV companies focus on sedan cars for domestic uses. 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.

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. $Rivian Automotive, Inc.(RIVN)$ $Tesla Motors(TSLA)$ $NIO Inc.(NIO)$ $XPeng Inc.(XPEV)$

What do you think? Let me know your thoughts!

@Daily_Discussion @TigerStars @CaptainTiger @MillionaireTiger

# 💰 Stocks to watch today?(1 Nov)

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.

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Maria_yy
·06-18
Nice analysis
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- Omega88:
  thanks!
  06-19
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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>Will you buy meme stocks?</p>\n<p>Recently, one of the most notable meme stocks that experienced huge surge in share price is&nbsp;<a href=\"https://ttm.financial/S/FFIE\">$Faraday Future Intelligent Electric Inc.(FFIE)$&nbsp;</a><v-v data-views=\"0\"></v-v> . It resulted in a 3000% surge in the share price of&nbsp; from ~$0.06 to ~$1.80. However, recent data have shown that only 2.75% of FFIE stock's float is being sold short as compared to a high of 95% back on May 22. Hence, it is unlikely to witness another short squeeze soon.</p>\n<p>Furthermore, most EV companies focus on sedan cars for domestic uses. The rise of various EV companies has resulted in price war to fight for larger market share. Furthermore, the competition in the EV market has intensified as numerous traditional car markers (Mercedes-Benz, BMW etc) are also investing and building more EV units.<br></p>\n<p>In addition, data shows that inflation is still sticky and the expected rate cut is decreased to probably 1 instead of 3. A relatively high borrowing rate would be bad news for all the EV consumers.&nbsp;<a href=\"https://ttm.financial/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp;<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp;<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp;<a href=\"https://ttm.financial/S/XPEV\">$XPeng Inc.(XPEV)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp;</p>\n<p>What do you think? Let me know your thoughts!</p>\n<p><a href=\"https://ttm.financial/U/3527667621665671\">@Daily_Discussion </a>&nbsp;<a href=\"https://ttm.financial/U/9000000000000149\">@TigerStars </a>&nbsp;<a href=\"https://ttm.financial/U/3527667618000160\">@CaptainTiger </a>&nbsp;<a href=\"https://ttm.financial/U/3527667618821228\">@MillionaireTiger </a>&nbsp;&nbsp; &nbsp;&nbsp;</p></body></html>","htmlText":"<html><head></head><body><p>Will you buy meme stocks?</p>\n<p>Recently, one of the most notable meme stocks that experienced huge surge in share price is&nbsp;<a href=\"https://ttm.financial/S/FFIE\">$Faraday Future Intelligent Electric Inc.(FFIE)$&nbsp;</a><v-v data-views=\"0\"></v-v> . It resulted in a 3000% surge in the share price of&nbsp; from ~$0.06 to ~$1.80. However, recent data have shown that only 2.75% of FFIE stock's float is being sold short as compared to a high of 95% back on May 22. 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A relatively high borrowing rate would be bad news for all the EV consumers.&nbsp;<a href=\"https://ttm.financial/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp;<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><v-v data-views=\"0\"></v-v>&nbsp;<a href=\"https://ttm.financial/S/NIO\">$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;&nbsp; &nbsp;&nbsp;</p></body></html>","text":"Will you buy meme stocks? 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A relatively high borrowing rate would be bad news for all the EV consumers. $Rivian Automotive, Inc.(RIVN)$ $Tesla Motors(TSLA)$ $NIO Inc.(NIO)$ $XPeng Inc.(XPEV)$ What do you think? 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