/biz/ - Business & Finance

>>58546451
SHARES ARE 42 MILLION NOT 420 MILLION CONFIRMED

>>58546451
Kek, baggies

It’s dangerous to go alone take this

>>58546499
checked
kek

>>58546451
a-are we back bros?

>>58546451

HODL!!!

>>58546451
>let me clarify
>spouts legalese

>>58546647
>makes you deaf
nothing personnelle

uh oh, here come the short ladders.... for the 10th time or whatever haha. Every time I see a leg down, I know the pot grew larger

>>58546663
I'm a retard, explain "short ladder" to me

>>58546671
A group holding alot of shares sells them wayyyy below market price to another allied hedge fund group. So it makes it look like the price is collapsing because large trades are happening at a lower price. But its just artificial manipulation. When they use short ladders, they accrue a debt with their allies.
To make it even worse, they'll even do this with borrowed shares, to distort the price even more.

>>58546693
thanks
does anyone know what the short interest is like now that we know we total 400 million shares

>>58546698
Total is 42 million you dork

shoot if we hold between .50 & .60, shorts will still need to covered at 10x the price they expected.
The short percentage decreased because they borrowed shares to fill orders. But that still means they borrowed shares that need to be payed back market price at some point
I'm always suprised that hedge funds don't rip eachother apart like piranhas in this situation

Wait a minute. This nigga had a profit of - (negative) $24 per share and there are 420 million shares outstanding?

>>58546769
>>58546793
qrd?
>>58546780
source? I thought the 0.06 shrots were paid off on the 17th

>>58546835
some small fish might have settled. But our main enemy haven't settled anything or anyone. They've been only doubling down via borrowing and debt. every stubborn short seller runs the same playbook

>>58546910
I hope so, but I've not seen anyone manage to put together data in a meaningful way so that we can be sure

>>58547072
Have you read this:
https://pdfupload.io/docs/12b4b79a

Or this:
https://www.reddit.com/r/FFIE/comments/1d3ub96/another_crazy_day_full_of_defeated_comments_and/

back to .60s

>>58547142
can't break resistence, volume started to drop off

not looking good, frens

>>58547425
Im sure it's alot higher than that. There are ALOT of people betting on this company to fail and they've been doing so months.
That amount of shorting just doesn't disappear like they want you to think. If the shorts legitimately decrease, then the price should legitimately increase.
Sure the outstanding shorts may be covered, but the hedge fund that covered is in more debt than ever before.

>>58547448
>the charts are lies

How does pushing the short squeeze affect a hedge fund that exited their short positions? Aren't we just providing lots of exit liquidity if that's the case?

>>58547518
The borrowed someone else's bananas to deliver and reduce the short %.
But they still have to pay for the bananas they borrowed.
So it all depends on us keeping the market price of bananas high. When they finally run out of tricks, they'll have to buy twice at the higher price.
1st: to pay for the shares they borrowed plus interest
2nd: to deliver shares to the buyers

>>58547132
That’s some good hopium for retards, I’m sure all of the niggers on Reddit with emojis and bad grammar will eat it up.

>>58547585
That has been said for two weeks now. Obviously they play by different rules and their FTDs don't mean shit. Why should I play this game when the SEC clearly is bought off?

>>58547661
yep it sucks. that's the main problem that makes it a high risk/reward gamble. its the type of thing where you pay for the pleasure of volatility as the underdog
there's a strong case to avoid the stock. many people are deep in the red and will most likely sell off any upcoming rallies

>>58547810
No doubt that a significant amount of DIAMOND HAND APES MOON types are going to sell out the minute this thing hits half of their stock average.

But still it's fun to play.

>>58547933
kek

>>58546481
I always love when a short term play pumps like this and a cult following emerges. I love to go to their newly formed subreddits and laugh at their deluded ramblings. It's peak comedy for me.

>pic related

Gratz guys looks like aftermarket will help you

>>58548160
Same here. I was even on the discord, where random housewives and southern weirdos were talking about buying lambos and eating steaks for the rest of their lives.

A few new points to consider:
>The stock was placed on the threshold list. No more naked shorts. The true market sentiment will now become more clear to us
>The overnight market shook out alot of paper hands due to a "accidental" "typo" that's now been corrected. They probably want to buy their bags back if it keeps moving
>I want to say there's a big chance the stock will hit $1 again because people still want to prevent the ticket from delisting by getting 10-day-consecutive days over 1.00
>The CEO made a 3 minute video clarifying all the nonsense and literally said "we will overcome short selling"
>roaringkitty subreddit lifted the ban on FFEI discussion, essentially admitting they fucked up and cockblocked our momentum

tl:dr buy a bag and see how far it goes

>>58549445

All your points are part and parcel of why I'm in.

There's so much fucking weirdness and drama around this stock of a bullshit company that just shouldn't be there, from the Ching Chongs fucking up the stock float to the raw naked shorts and massive volume, that throwing a grand at it with a .22 stock average isn't a big deal if it doesn't pay out.

If it does pay out though, well well.

As an aside, does Ticket from the RealFFIE group seem like the kind of dude who, if this stock went up to $10 tomorrow, would be claiming "Yeah I saw this coming and you just don't understand My Very Smart Analysis of why I always said this"? He is ass holocausted over this stock now.

>>58549660
yeah I took a loot at it and Ticket is very weird

>>58549689
he's a know-it-all fag

>>58549445
>roaringkitty subreddit lifted the ban on FFEI discussion, essentially admitting they fucked up and cockblocked our momentum
when did this happen

>>58550796
17 hours ago

>>58550854
market seems to be opening with less volume than yesterday, even though we're back on that sub
I have a question, can't someone write to the retards at wallstreetbets that we were trading above 500m mcap for many days and that we rightfully should be allowed there, too?

>>58550854
I sent their mods a request, fuck it

How the fuck is the market cap now 266m????

>>58550935
wym? we've been trading 400m+ outstanding shares all this time but the exchanges "didn't know" because the company 10-Q was not submitted on time

just one good meme is all that's needed FFIE :3.
i would suggest some sort of kawaii theme; maybe related to some sort of bubble bursting. but idk this is just fun

>>58550935
It went X10 because the actual # of shares is 1/10 of what they said it was before.

>>58551673
you're wrong but I'm too lazy to explain it again, it's not 1/10 it's 10x

>>58551685
24mln Cap at 400mln float is the same as 240mln cap at 40mln float, retardus maximus.

>>58546461
lol oh boy.

This was always a distraction play against GME and the other basket stocks. you idiots gotta do better.

Funny how this really popped up just as Roaring kitty shows back up.

>>58551730
I was wrong there, there are 400 million outstanding shares which we have been trading with for a while at the prices we're seeing, the mcap has been x10 all this time

>>58551730
Ofc it is but it pumps more than gme so I scoop up some fun tokens in order to buy more gme.

am scatteredbrain atm. so is it reasonable to expect at least a 10x?

>>58552220
its only 5 bux so yea