I am hereby posting below for soliciting alliance for FFIE.

Many of yours here know FFIE already and think they are losing momentum. But the reality is totally opposite and we could be about to shortsqueeze.

If you just look at the trend of stock pricing, it looks like we are losing momentum. It hit around $4 on last Friday and drastically dropped around $1. After that, we have been moving from $1-2 for several days. However, a lot of backgrounds are there.

FFIE went below $1 on Mar 26, 2023. So, if FFIE was not able to hover up $1 as closing price for consecutive 10 days till June 25, 2024, FFIE would be determined to "delisted" out of NASDAQ.

Many HedgeFunds have been aware of this fact, then they started "short" on FFIE. 90-95% of floated stock are shorted. Shortes have to buy back this huge stocks, but many hedgefunds are betting that FFEI is going to be "delisted", so would not have to buy back (or it would be almost minimal cost).

After RoaringKitty's posts, many meme boom is accelerated. FFIE is one of them. At the beginning, it was 0.04, then went up to 0.3, 0.7, 1.5 and touched 3.9.

This situation cannot be accepted by HedgeFunds of course. They have tried to smash us (retail investors hanging around FFIE) by short ladder and naked short.

On May 15th, price jumped up and was about to reach $1.0. HedgeFunds tried to hummer down by all means, then many naked short transactions were taken place. Even though, the price has continued to hike following days.

However, this huge fluctuation attracted many day-traders gethered, trying to make the profit by buying and selling. Under such circumstances, HedgeFunds decided to do a biggest short ladder on May 17. They waited for price hike till $4, then they sold tons of naked short with even lower price than the highest bids (= called short ladder).

Then, price collapsed below $1 in no time... that was really tough, but the price was back above $1 before closing.

This means that FFIE managed to keep the right of "avoid delisted".

After that day, we have been fighting against HedgeFunds and day-traders to protect $1 line. If we can keep it above $1 untill May 30 closing, then FFIE can officially avoid delisted.

This doesn't mean a big in itself, however, in light of the following factors, this means a lot.

- most of floating stocks are shorted  
- short interest cost is sky high (refer to [https://investorplace.com/2024/05/the-cost-to-borrow-faraday-future-ffie-stock-is-climbing-again-this-week/](https://investorplace.com/2024/05/the-cost-to-borrow-faraday-future-ffie-stock-is-climbing-again-this-week/) )  
- HedgeFunds have already failed to liquidate their naked short positions, trdaed on May 15, within 5 days. So, now FFEI was listed of SHO threshold on May 21, and May 22 (2 days so far and I think it continues for a while).

HedgeFunds basically have to liquidate its naked short asap because SEC scrutiny the HedgeFunds. Meanwhile, they would try to keep ignoring this orders till at least May 30 = the day FFEI is determed if it's delisted or not.

It is also risk for HedgeFunds.

In 2021 GME case, HedgeFunds kept ignoring SHO list for 3 months, then stock price jumped x 200
In 2023 AMC case, HedgeFunds kept ignoring SHO list for 1 months, then stock price jumped x 50%

Considering such situation (higher interest cost, most of floating stock are shorted, HedgeFunds have already failed to liquidate naked shorts), FFIE boasts a short squeeze score from Fintel of 97.01. That is really making sense.

So, now what we are trying hard is to keep the stock price above $1.0 (as closing price) till May 30. Then, we can see a huge short squeeze before long.

< STock price trend >
May 9 0.041
May 10 0.046
May 13 0.061
May 14 0.285
May 15 0.705 (high 0.98 low 0.38)
May 16 1.650 (high 2.35 low 0.75)
May 17 1.030 (high 3.90 low 0.90)
May 20 1.800 (high 2.25 low 1.20)
May 21 1.390 (high 1.60 low 1.24)
May 22 1.120 (high 1.33 low 1.00)
May 23 (today) around 1.15-1.45

So, we are now, by all means, try the best to keep away from going below $1 for another 5 biz days (May 30). Once, we do this, again short squeeze could be guaranteed.

If any of yours have an interest and want to see the shortsqueeze in 2024, please help us. However, we do not want daytraders to mess it up. It is OK with small funds, but just buy and hold --- If no one have an interest, it is OK.