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Well that was fun. Here’s a Recap, What might come
DISCLAIMER ⚠️ I AM NOT A FINANCIAL ADVISOR, THIS IS NOT FINANCIAL ADVISE
To any other FFIE investors with more knowledge on what’s going on right now, as well as more experience in retail investing, please feel free to correct me on, or to add onto any point in this post.
Okay - We made it. It wasn’t easy, definitely a little scary, but the market is closed (after hours are open but we will get to that later), and now we rest. But I know a lot of you crazy apes weren’t paying too much attention to every second of the day, that’s where I help out. Here’s a little recap of how today went:
After ending the day at $1.03 per share Friday, we opened up strong during today’s pre-market hours at $1.73 per share. What does this mean? Well it means a lot of you crazy little apes had orders placed, or the even crazier ones were up during pre-market placing orders in. Now that’s serious dedication 😳
Now, I know what you’re thinking. “All the other apes said today we were going to the moon! We’re still under $2! Where’s our money??” Not so fast silly little ape. Come, let me teach you about volume. 👨🏫
Today’s volume was a WHOPPING 677.89M.😱 What’s “today’s volume” ? Volume is the total of buys & sells of a stock in a certain time period. For a stock like FFIE, 677.89M is a BIG number. And because a lot of us HELD like we were supposed to, we finished regular market hours at 65.05% than friday evening. 👏🏼👏🏼 But why wasn’t it more? Why didn’t FFIE boom like other silly little apes promised? It’s simple, keep following me and you’ll understand, I promise. 🙂↕️
Because of the short ladder attack against us on Friday, the SEC gave us a hand and sanctioned a new uptick rule (see here - https://www.reddit.com/r/FFIE/s/nw6Rt12bmm ). This leaves the big bad suits with 2 options (paraphrased from u/Maximum-Purpose-1568 , Thank you sir/ma’am): “ 1. They can cut their losses, and buy up the shares at current market value (this is the beginning of a cascade where the "squeezers" all get rich). Essentially, any share that a hedge fund purchases to mitigate their losses will increase the value of our shares. 2. They can continue to hold their shorted stock "loans" and hope the market drops again next week. If this is the case, you will need to continue to hold your shares until they crack (they pay a lot of money for each day they continue to short)”
So what happened? What does all this crazy talk mean!?!? Well given what happened today (a steady change in stock price throughout market hours, and very little volatility compared to recent days), this only means the Big Bad Suits chose option 2. They don’t think we’re serious and they’re doubling down. So what now? 🤔 We triple down. 😤
You see my fellow banana peelers, this was never a scam. This was never a get rich overnight scheme. This is quite literally, a fight between the rich, and the poor. The wolves in suits collectively believe we will give up, sell, and walk away, ultimately leaving them to walk away Scott free. Oh no, not this time. 👎🏼
So what do we do? Well, I can only tell you what CAN HAPPEN.
I AM NOT A FINANCIAL ADVISOR. THIS IS NOT FINANCIAL ADVISE
Right now at the rate that you crazy apes are going, we can keep FFIE above a dollar for 7 more closing nights. What would this mean? This would mean the Hedge’s have 7 days until FFIE officially can no longer be delisted from NASDAQ.👏🏼 Now because these Hedge’s betted AGAINST FFIE, this is absolutely not good news for them because they’d have to pay back the stocks they shorted, plus the interest (which all depends on how much we can make this stock rise). This is what we’re all waiting for. “The Short Squeeze.” 🍋🍋
“Big Ape! Too many words!!” Okay Okay, i’ll dumb it down for you. The smartest moves for us little guys to collectively make would be to buy, and hold. 💎🤲🏼 “But if we all buy and hold then how come there are still dips?” Because the Hedge’s will sell their shares. This causes the price of the stock to fall. They do this purposefully to make us panic, and sell. “So what do WE do about that?” Simple, we eat those shares right up. Remember, the Hedge’s are hoping we ignore these sold shares, as well as sell our owned shares, they don’t really want to lose the shares they sell. The way to genuinely stick it to them besides holding, is to buy during the dip. “How do I know its the best time to buy??” No one knows when a dip will end. The best thing to do is to go with your gut feeling and to buy when YOU feel comfortable. Remember, a dip is bound to come back up as long as we Hold and Buy, so don’t get too greedy when it comes to the best price per share. PLEASE SPREAD THE WORD
New post - https://www.reddit.com/r/FFIE/s/5m9YiNySoH
For those that couldn’t follow me - try now
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