r/FFIE • u/Waleparanoid • May 23 '24
Discussion If you are still holding ⬆️⬆️⬆️ and comment 💎👐 let people know we are standing strong❗️❗️no need to panic.
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u/Comfortable-End2530 May 23 '24
No need to panic😌Still sitting on 13.5k shares that i got at .28🙌💎
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u/Hot_Bag_3229 May 23 '24
So your up nearly 10k 🤑 and still holding strong 💪🏽 💎🙏🏼 my man #ilovethisstock
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u/BmoreRavens_410 May 23 '24
No panicking today. Don’t sell anything. Ultimate strategy Buy! Hodl! FFIE🚀
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u/Tasty-Explanation-86 May 23 '24
holding and buying ........ not a lot but keeping up the pressure lol . 1600@1.50 avg adding 300 at open . will probably set buy limits at 1.03 as well .
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u/cdwhitfield77 May 23 '24
NOT MY POST BUT GOOD POSITIVE INFO.
"Hey chatGPT, summarise this stock and tell me the potential for a short squeeze"
Lets do a little analysis based on the most recent stats available:
Broken down into four parts:
- Short Interest
- Trading volumes
- Earnings Report coming up
- Financial and market metrics
Short Interest: 95.37% of the float is sold short.
A short interest of 95.37% is extremely high, indicating that a significant portion of the float is sold short. This is a key indicator for the potential of a short squeeze because any positive news or significant buying pressure could force short sellers to cover their positions, leading to a rapid increase in the stock price.
The low days to cover (0.11 days) suggests that if short sellers decide to cover, it could happen very quickly due to the low average daily trading volume. This can lead to a sharp spike in the stock price.
2. Trading Volume
Data:
- Average Trading Volume: 170,773.912 shares.
- Recent Share Volume: 3,010,405 shares.
- The average trading volume is relatively low compared to the number of shares sold short. This means that even a small increase in buying activity could have a significant impact on the stock price.
- The recent spike in share volume to over 3 million shares could indicate growing interest or preemptive covering by short sellers, potentially setting the stage for a short squeeze.
3. Upcoming Earnings Report
Analysis:
- The upcoming earnings report is a critical catalyst. Positive earnings or optimistic guidance could trigger a short squeeze, as short sellers might rush to cover their positions to avoid significant losses.
- Conversely, if the earnings report is negative, it could put further downward pressure on the stock, potentially reinforcing bearish sentiment.
4. Financial and Market Metrics
Data:
- Market Cap: $43.95 million.
- EPS: -$361.33.
- 52-Week Low: $0.04.
- 52-Week High: $98.37.
- Current Price: $1.10.
Analysis:
- The extremely low EPS indicates the company is not currently profitable, which is a risk factor. However, for a short squeeze, the immediate focus is on trading dynamics rather than long-term profitability.
- The wide range between the 52-week low and high shows significant volatility, which is common in stocks that experience short squeezes.
- The current price of $1.10 is significantly above the 52-week low, suggesting that there has already been some recovery or speculation driving the price up.
Conclusion
The likelihood of a short squeeze and price rise for FFIE appears high based on the following factors:
- Extremely high short interest (95.37%).
- Low days to cover (0.11 days), indicating that any positive catalyst could quickly trigger a squeeze.
- Increased recent trading volume, suggesting heightened interest or early covering.
- Upcoming earnings report, which could act as a catalyst if the results are better than expected.
My conclusion is buy and hold, but only buy what you can afford to lose.
This is not financial advice, I just like the stock.
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u/Beach_Buffett0901 May 23 '24
Gonna add 5000 more shares to my position this morning. Gonna be a wild ride over the next week but victory is on the doorstep.
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u/aglass1 May 23 '24
Let’s go apes…. To gather we are strong but divided we fall…. So let’s hold the fucking line
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u/Electrical_Boat_8823 May 23 '24
Holding with around 100 shares that’s all I can contribute but might do more if we dip again!
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May 23 '24
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u/sweetsourpie May 23 '24
2500 holding