$Faraday Future Intelligent El

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$Faraday Future Intelligent Electric Inc.(FFIE)$ spikes after its reverse split. However, the electric vehicle maker continues to struggle under deteriorating fundamentals with worsening balance sheet and slowing demands. It remains pricey to me for lack of supporting fundamentals that would justify its valuation. Any rally would appear to be another round of short-squeezing by the meme community to make quick bucks on the counter. However, I believe that the rallies will be short-lived, and the downward spiral will resume once the fundamentalists regain command.

Short of any turnaround strategy, I doubt that the shares consolidation is going to save the day for Faraday Future.

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dimpy
·08-23
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The recent surge in Faraday Future looks like a short-term play by meme traders. Unless fundamentals improve, I’m not buying in. 📉
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- pekss:
  Indeed, it appears to be a pump and dump strategy!
  08-24
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vippy
·08-23
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A temporary price increase doesn’t change the fundamental weaknesses. Without a strong turnaround plan, the rally might not last.
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- pekss:
  I absolutely agree. Let’s not be the last person holding the ball when the music suddenly ends.
  08-24
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However, the electric vehicle maker continues to struggle under deteriorating fundamentals with worsening balance sheet and slowing demands. It remains pricey to me for lack of supporting fundamentals that would justify its valuation. Any rally would appear to be another round of short-squeezing by the meme community to make quick bucks on the counter. However, I believe that the rallies will be short-lived, and the downward spiral will resume once the fundamentalists regain command.\n \nShort of any turnaround strategy, I doubt that the shares consolidation is going to save the day for Faraday Future.\n </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> spikes after its reverse split. However, the electric vehicle maker continues to struggle under deteriorating fundamentals with worsening balance sheet and slowing demands. It remains pricey to me for lack of supporting fundamentals that would justify its valuation. Any rally would appear to be another round of short-squeezing by the meme community to make quick bucks on the counter. However, I believe that the rallies will be short-lived, and the downward spiral will resume once the fundamentalists regain command.\n \nShort of any turnaround strategy, I doubt that the shares consolidation is going to save the day for Faraday Future.\n </body></html>","text":"$Faraday Future Intelligent Electric Inc.(FFIE)$ spikes after its reverse split. However, the electric vehicle maker continues to struggle under deteriorating fundamentals with worsening balance sheet and slowing demands. It remains pricey to me for lack of supporting fundamentals that would justify its valuation. Any rally would appear to be another round of short-squeezing by the meme community to make quick bucks on the counter. However, I believe that the rallies will be short-lived, and the downward spiral will resume once the fundamentalists regain command. 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Unless fundamentals improve, I’m not buying in. 📉","text":"The recent surge in Faraday Future looks like a short-term play by meme traders. Unless fundamentals improve, I’m not buying in. 📉","html":"The recent surge in Faraday Future looks like a short-term play by meme traders. Unless fundamentals improve, I’m not buying in. 📉","likeSize":1,"commentSize":1,"subComments":[{"id":341766488424688,"commentId":"341766488424688","gmtCreate":1724460956699,"gmtModify":1724460962947,"authorId":3581636635898281,"author":{"id":3581636635898281,"idStr":"3581636635898281","authorId":3581636635898281,"name":"pekss","avatar":"https://static.tigerbbs.com/7dfef98c44b3810cffef7f3eb78524ba","vip":1,"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":"2023.03.31","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":2007},"crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":341599822160128,"objectIdStr":"341599822160128","type":1,"supId":341621886693392,"supIdStr":"341621886693392","prevId":0,"prevIdStr":"0","content":"Indeed, it appears to be a pump and dump strategy!","text":"Indeed, it appears to be a pump and dump strategy!","html":"Indeed, it appears to be a pump and dump strategy!"}],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0},{"id":341622049374224,"commentId":"341622049374224","gmtCreate":1724425381015,"gmtModify":1724425386305,"authorId":9000000000000339,"author":{"id":9000000000000339,"idStr":"9000000000000339","authorId":9000000000000339,"name":"vippy","avatar":"https://static.tigerbbs.com/c0126a7d8aadf37410e3ec43acf556ad","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":341599822160128,"objectIdStr":"341599822160128","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"A temporary price increase doesn’t change the fundamental weaknesses. Without a strong turnaround plan, the rally might not last.","text":"A temporary price increase doesn’t change the fundamental weaknesses. Without a strong turnaround plan, the rally might not last.","html":"A temporary price increase doesn’t change the fundamental weaknesses. 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Let’s not be the last person holding the ball when the music suddenly ends.","text":"I absolutely agree. Let’s not be the last person holding the ball when the music suddenly ends.","html":"I absolutely agree. Let’s not be the last person holding the ball when the music suddenly ends."}],"verified":10,"allocateAmount":0,"commentType":"hot","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}