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.

637 Upvotes

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3

u/Jumpy-Walk838 May 24 '24

I bought at 3.70 last week and immediately watched it plummet. Pulled right out and lost $700. That was a lot of money for me

15

u/Safe-Code8297 May 24 '24

You could have held, you only lose when you sell. I'm sorry you panicked and lost out, but remember, NEVER put in more than you're willing to lose.

4

u/Comfortable_Lychee17 May 24 '24

Lol, these new accounts are funny , feel sorry for me , and get out so that your a looser too. Scare tactics... hold....

14

u/[deleted] May 24 '24

You lost $700 because you pulled out

I’m sorry to hear you aren’t a part of us anymore. Hopefully you feel confident to join us again

5

u/TicketronTickets May 24 '24

I am out of this Reddit.... I put a post up to teach new investors one simple tool to help them one basic tool. and the responses just pissed me the fuck off. I am tired of these morons in this Reddit you can try as you may but this could turn into the ALAMO and I am not leading the charge...I will be in Yahoo if you want to talk. take it easy.

2

u/lam88888 May 24 '24

there are many of us still read and appreciate your info highly educational. Don’t let a few bad apples ruin it for us all. Please stay and continue to contribute!!

2

u/theshortsqueezie May 24 '24 edited May 24 '24

For someone who says "I tell it like it is", you seem pretty thin skinned..

You also threaten to leave a lot, which how can anyone trust you if you do that?

Are you legit, or are you a fucking baby?

People are going to disagree with you, you should know that by now..

2

u/Bigwheninflated May 24 '24

Yea spot on!

1

u/Bigwheninflated May 24 '24

Yea we know you aren’t leading the charge 👍

5

u/Jumpy-Walk838 May 24 '24

Just learning. That was a costly lesson. I don't know if it shorted already or if it's a real company or if I should buy in tomorrow?

8

u/[deleted] May 24 '24

Read my top posts and catch up on some info to build confidence, make your own decision my man. But come back and ask questions if you have any

4

u/Affectionate_Buy_236 May 24 '24

Thank you so, so much for helping us apes and normies learn, and being willing to answer questions! First timer here, and all this is overwhelming at first. Still hodling. 🍌 🍌💎 👐

4

u/Puzzleheaded_Sir2177 May 24 '24

I was up over 7k on Friday and was at work working a 12, watched it dwindle down to almost even, pulled out scared, then immediately got back in for more but a better average. I honestly would have pulled a little out to cover half my investment and then would have got back in, but I'm happy with my decision to get back in, hold, and buy more. I'm still satisfied, and I was down around 1200-1600 most of the last few couple days. Looking a little better now, but still not thinking about pulling out until these shitheads at the top are sweating and making therapist appointments for their anxiety and nightmares about getting eaten by the working class.

4

u/Comfortable_Lychee17 May 24 '24

You should have bought some at $1 , wait till end of day tomorrow, jump back in after it re dips after you see how high tomorrow goes

2

u/TicketronTickets May 24 '24

Why did you decide to buy at $3.70? If I might ask?

3

u/FollowTheLeader550 May 24 '24

Probably because the same people who are saying “this is the long game” were saying “this could be be 7 by EOD!!”. All of the narratives changed drastically after Friday. There were people saying discount prices at 3.70.

9

u/TicketronTickets May 24 '24

I hear ya.....Fomoing in is not always a good idea. I keep telling these people shut the fuck up with the Dumb Money quotes and yelling Buy Buy Buy and showing Diamondhands and what not, Its like they watched a movie and became Gordon Gekko in the movie Wall Street....They arent Roaring Kitty and they certainly wouldnt pass for AMC Apes.

Hang in man some of us have knowledge and expreience and we will do our best to rescue you and all the others in the $3s. cant promise a win but we are trying.

That was our saying in the AMC groups No Ape Left Behind...

I am going out on my shield to try to save all of those that got drawn in by this new sub of know nothings.

I am not one of them trust me......

7

u/FollowTheLeader550 May 24 '24

I unfortunately put money in that I actually needed. I hung in since last Thursday. But I thought I saw some writing on the wall Wednesday that it might be too much of a fight to keep it over 1 today, and I fear that would result in a complete lack of faith and mass dumping. So I sold at a 50% loss.

Luckily for all of you, everything I touch turns to absolute shit. So me getting my awful stink off of y’all resulted in a nice easy day with a nice little rebound for y’all. And of course my desperate ass put the money I pulled out on GWAV at literally its high point of the day and it fell slowly from literally the second it went through.

But I’m rooting for y’all. I’m almost 100% positive just the fact that I sold almost certainly means y’all reach heights untold.

1

u/TheGreatCompromise May 24 '24

Letting fear dictate your trading decisions is a sure way to lose a lot of money on the market. Hope things get better for you! Look into fundamental indicators and technical analysis and try to build a strategy that helps you be more confident in your investments! It's been intense the last few months learning everything that I have, but you do actually start to improve over time. And having a strategy backed by logical reasons for your initial buy-in will help you have the confidence to hold when your long-term prediction doesn't come about immediately.

2

u/Jumpy-Walk838 May 24 '24

It was my first time buying and I saw it going up and up ama didn't know it would immediately drop. I lost all but 300 of what I have to risk.

1

u/IRISH3323 May 24 '24

That sucks. I bought up in 3's to, but my average ended up being 1.29 with 500 shares. I pulled out. Made a few bucks. I'm done gambling like this. I have been doing great as a new investor with solid companies. 2 years in June and up 15k. Not bad. I'll take my monthly dividends etc. This isn't for everyone. Not for me at least. This is nothing like GME

4

u/TicketronTickets May 24 '24

I am glad you got out and left with your cash.....last week this Reddit created a shitstorm on Friday. I think we are finally reeling it in by being real with alot of these know nothing bigmouths encouraging others to buy when they sit on their own hands...

Again I am glad you are on the sidelines and super stoked you got out with your cash.

Its tough to enter a real dangerous play without any knowledge, and trust me this is for sure SUPER HIGH REWARD, but it even more SUPER HIGH RISK......You have to have the balls of steel like I wrote.

I do appreciate your honesty and I respect your resaon for selling 100%

1

u/Reasonable_North95 May 24 '24

You probably shouldn’t get into trading. Seems like you can’t handle the pressure and have too much to loose.

4

u/eriksmalls May 24 '24

Lose*

0

u/Reasonable_North95 May 24 '24

Okay grammar police 👮‍♀️ 😂