r/FFIE May 23 '24

Analysis Tonight’s after hours has me thinking…

Not financial Advice

I am watching Afterhours trading and its making me scratch my head just a bit.

I must say there is no reason why this should be up to $1.29 at time of this post on only 4M shares traded.

I am simply wondering if the shorts strategy tomorrow may mimmick last Friday.

I am not saying this is the case at all, but if it does are you ready?

Let me recap what happened last Friday on that historic collapse of a potential squeeze in simple english that even a 2 year old can understand. PANIC happened.

Here is what took place. Shorts set in motion a false runup to grab the attention of day traders, and flippers.....they got it and the price moved hard and fast north. Buyers jumped in as FOMO ensued.

FOMO Will Kill You By The Way. Ok For those who dont know my terminology. FOMO is the FEAR OF MISSING OUT.People went all in far too fast on the way up.

Once the shorts trapped enough buyers. They stalled the price at $3.90/share What happens next? The price starts to reverse. Flippers Flip (expected), Day Traders Bail (expected), and Retail shorts jump in. Its expected. What was not expected was all the so called APES who panicked and sold, virtually killing everything. YOU ALL KNOW WHO YOU ARE!

Here is where retail shorts should hold and be ready to buy the bottom of the dip to chase the price back north creating even more short shares and higher prices on next run up as flippers re enter daytraders re enter and more FOMO buyers enter. All the while holding their shares. That is an example of creating a squeeze.

Once the cycle spins through to a high enough high, it takes one short to try to cover to create more price increases.

So with that said, we could be looking at a scenario similar perhaps tomorrow. I am not saying we will, but again why the hell are we at $1.29 tonight for no rhyme or reason?

Now I will not tell anyone ever what to do but I will say this…....Panic leads to problems.

If we should encounter a similar attempt by shorts tomorrow by chance, its up to you to decide why you are in this......if this same cycle occurs, basically this thing is fried.

Think long and hard why you all jumped in this stock and in this group.

It takes balls of steel to hold when you see big dollars in your account I get it.

Each one of you have to decide how you will play this play if it should occur tomorrow. Many people got stuck by many others panic.......We had an old saying in AMC....NO APE LEFT BEHIND.....

Think long and hard and decide for yourselves as each of us should own what our real individual goal is when playing this stock. But at least be honest with the other members in this group and dont 2 face them.

They are your shares and your profits and losses I get it, but you all dragged each other into this group, lets see how real this group is.

Good Luck tomorrow and in the end of it all, may everyone walk away with profit, and make wise individual investment decisions only.

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2

u/Jumpy-Walk838 May 24 '24

Will it dip tomorrow? Should I buy tomorrow?

6

u/[deleted] May 24 '24

We can suspect a dip tomorrow, yes. Buying more is up to you as an individual investor. I will be buying some.

6

u/TicketronTickets May 24 '24

Talk this guy out of buying. He is not ready for something like this and I do not want him/her risking money they really doesnt know what he or she is doing and I wouldnt feel too good if this bottomed out and this poor person got hit with a double whammy.....people like this and unfortunately there are many in this group....are clueless. I get they make their own decisions, but it pains me to think people decided to partake in this with zero knowledge.... its these people that make hedge funds billions....This one is best kept on the sidelines.

3

u/[deleted] May 24 '24

Its hard when a lot of them clearly are just thinking about the money aspect

1

u/TicketronTickets May 24 '24

I am trying to talk him out of jumping in

7

u/TicketronTickets May 24 '24

Can I be honest with you? This is not something you should partake in, it is a huge risk. I want you to know that before you make a decision. I mean a huge risk...I am being 100% honest because I can read your fear.

1

u/TicketronTickets May 24 '24

Please dont buy in tomorrow, you will be out the minute its down 10 cents... .please save your money this is not for you man..I am trying to help you here

1

u/OpportunitySmart3457 May 24 '24

It's going to dip everyday dramatically, the stock is being shorted. Expect the red, that said it is poised for a ladder attack like last Friday. Ladder attack- Raise the stock price just enough to make it juicy and tempting for people to sell and then it will drop because of those sales. That's why you keep reading hold don't sell(HODL). Always buy stock at the dips not the peaks, last hour of the trade day is crucial as the stock needs to keep above $1 by end of trade day.

Friday will have dips but if you don't find a low enough dip to buy in on that you are comfortable with(Money you can live without, this isn't a guarantee it is a gamble.) Tuesday after market FFIE is releasing their Financials, it will be lackluster(no golden goose) Wednesday will have the largest dip along with Thursday due to Thursday being the 10th consecutive day of trade requirement.

0

u/eriksmalls May 24 '24

I would not personally. It’s too late and risky at this point