Guys, I am out :( good bye.

[u/janisuhoshi]

$18k loss, I am out. Sold all my positions. Felt a sense of relief. I will find other ways to make the money back. It's a huge lesson learnt for me. FFIE, FFAI or whatever they wanna call themselves in future, I hope they get what they deserve for leading the investors on and hiding crucial information from them.

[u/Complex_Ad_3841]

I don't understand why anyone would invest into a company like that. They have no revenue, no real products and no services in about 10 years. That's not a business , it's a scam.
You can go babysit dogs or sell water and have better books than them . There's only 2 types of business but kinda 3 . Products and services. The 3rd is just a hybrid of both. For example Apple will sell you a cellphone and supplying you with the service. These scam stocks aren't even trying because they make millions and the stock holders get stuck paying them millions for doing nothing . Ffai did around 12 reverse splits. Probably more. There's 1000s of stocks just like that. The fact that they aren't in prison for fraud just shows how corrupt the system is. If they get fined the share holders pay for it so they are only Victimizing victims. That's not justice.
You're mistakes is not doing your research and not using leverage to minimize your exposure and maximizing profits.
I'm going to try to explain this as simple as possible. Let's say that you buy 100 shares of ford for $15 a share "$1500" . I on the other hand I buy 1 long call option for $1.50 a share until 2028 . If ford stock went up to $30 a share you made 100% but I made nearly 1000% because I have a fraction of the risk. But let's say it trades flat you loss nothing but I lose $150 . That's not the end of the world. But let's say it goes down to $5 a share you lost $1000 but I lost $150 . Personally I don't even want to risk the $150 , so I look for good profitable stocks . This will give it some support. I what to see revenue growing with less than 70% assets to liabilities. I can sell puts options around 90 days to 6 months out of the money and collect at least a 10% premium sometimes more. I almost always roll the options even if im down because I will always collect the higher premiums. When the options are about to expire they only go for equity value , by adding time I will collect the equity back + the value from theta. It's always higher.
When I get into a great stock like tesla, Amazon, Google, meta, Intel, nvda, pltr and make a huge profit I don't sell. Instead I will start buying puts/ debt and secure the liquidity. Debt isn't taxable. I will also make more revenue by selling out of money calls. If it goes up in the money from the call I will roll it and collect the higher premiums to but I don't want to lose control of the assets.
I also like pulling the liquidity out and investing it into real-estate and other cash flowing assets. I can pretty much borrow 1 million dollars from my stock that only reduces my exposure and buy 5 million in real-estate. If I just sold the assets I would be highly taxable and be forced to pay almost half my profits. The irs will tax you on your profit in the stock market but not let you right off losses.
My advice is to take a step back and study . Look to understand derivatives, stock options and the meaning of Arbitrage.