$FFIE Clive we know youβre a short. Youβre not fooling anyone. You say you wonβt waste your time on this but you just wasted time posting 5 paragraphs of bullshit that everyone knows isnβt true. The tiniest bit of DD could disprove you. Look at the SI% you fool.
pierpontgarrett
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$FFIE IF YOU ARE A NEWBIE OR DONT KNOW HOW A SHORT SQUEEZE WORKS READ THIS. JUST HOLDDDDβ¦.
Are you asking yourself: "what now?" Here's an answer in "ape speak" for what we are waiting for. Please like and comment so others can see this post.
Okay so you held out and ended the week nearly 2300% above what it was last week. You begin the process of a short squeeze as a retail investor. This by itself is an amazing feat which accomplished 2 things:
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You kept it above 1 dollar, so it stays listed on NASDAQ (until it drops to 0.10 per share for 30 days which isn't likely for quite a while).
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You made intentions for a short sale known to those who were betting it would be delisted, and eventually drop in price.
So what happens next once you start a squeeze?
Well, now the hedge funds have a decision to make:
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They can cut their losses, and buy up the shares at current market value (this is the beginning of a cascade where we all get rich). Essentially, any share that a hedge fund purchases to mitigate their losses will increase the value of our shares.
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They can continue to hold their shorted stock "loans" and hope the market drops again next week. If this is the case, we will need to continue to hold our shares until they crack (they pay a lot of money for each day they continue to short)
As of the last report, there were still 36 million (ish) shares being shorted.
What does this mean? It means that because Hedges believe your efforts are short lived, they didn't cancel their shorts and buy back their shorted stocks.
They are pretty much betting that the "meme" will die down soon and they can buy back their shorted stocks at a much lower price than it is right now.
Say, for example, the flame dies out, and people begin selling because they are scared or burnt out, and the share price on Monday (or aftermarket today) drops, they will be able to cover their shorts at a MUCH lower price.
This DOES NOT mean that the stock still wont jump up. But it does mean that it will jump up much less than it would've had we held out at 1 dollar. The higher the price per share, the more it will jump when the hedge funds are forced to buy back their shorts.
In the end, the only thing needed is to hold out long enough for the fees that they pay as a penalty to become more expensive than it would be to just buy back their shares. Either way, they bleed. But one way, you take their money and get very wealthy.
Once one hedge fund cracks, and covers their shorts by purchasing shares, all of them will follow as it will become too expensive for all the hedge funds to hold out. This creates a "parabolic curve" as many have likely heard on various posts. Once the first hedge fund folds, this becomes officially known as a "squeeze." You hold until eventually all the hedge funds are either bankrupt (for not paying back their shorts), which will then be covered by the federal government, or until they all take MASSIVE losses and buy back their shorts.
Now, as for today, many people likely sold at peak, or once they started seeing red. Especially those who have never experienced a squeeze before. If this fits your description, please read the following:
The drop today was a maneuver known as a "SHORT LADDER."
This is a technique used by hedge funds to attempt to squash a short squeeze, and bring the price down of the stock. This is the hedge funds attempting to break you, using psychological warfare. Heres how they do it:
Step 1: They increase the share price (usually very quickly) to excite retail investors and make them think what you are doing is working. You saw this today starting about 1h after market opened this morning bringing price from 2.69 up to 3.87.
Step 2: Quickly sell every stock they bought to bring down the price to what it was before. This began approximately 2 hours after market opened today.
Now theoretically, this should only bring down the price to what it was before they bought right? Well with retail squeezers (dumb apes I guess), you see the shares dropping and start selling your shares in the hopes that you can still walk away with some earnings if you do it quickly enough. This is where they win.
If you all hold, the day ends at 2.69. But instead we ended at about 1.00. Meaning their ladder attack worked so well, that you monkeys got scared and sold your shares. Many of you held out to give us another try next week and keep the flame alive.
Step 3: The hedge fund bears will try again, and again, and again (to look like a downwards staircase on the graph, hence the term "ladder") to make the fear worse, and worse, and worse, until there's nothing left and they can get away with shorting a company with very minimal losses.
The solution, is to mimic exactly what DFV (AKA roaringkitty) did in 2021 with GameStop. Simply hold shares. Will it put more pressure and make the spike come quicker if we buy more shares? Of course. But the reality is, at 2300% over what they shorted at, if you just even hold where we are at, eventually a hedge fund will fold and shares will skyrocket.
Now to answer the big ticket question: When will you sell? The answer is as follows: after hedge funds crack, we will see the number of shorted shares decline dramatically. You cant base it off of the price of the share because they can manipulate those numbers to make it LOOK very promising.
Heres the link where you can check FFIE shorted shares numbers: https://fintel.io/ss/us/ffie
As of last report, the exact number is 36, 342,623. It has hardly changed since we began our squeeze. Once this number begins dropping, you broke a hedge fund and the cascade has begun.
The only risk at this point, is if sold. You become your own worst enemies. They will use tricks to encourage you to sell. They will manipulate. They will flood media with articles describing failure. They will use every tool in their power to strike fear. But in the end, if you HOLD OUR GOD DAMN SHARES, they cant win.
There will be red days. There will be shutdowns of subreddits (like r/wallstreetbets back in 2021). There will be news articles. (like the hundreds already published demeaning us). There might even be threats of legal action (like they did to DFV). However, short squeezes are legal, and will make some people rich + make billionaire cheaters bleed.
Good luck you short squeeze advocates. Buy at the dips to get back in. Hold your shares to ensure profits. And no matter what, remember,
APES. TOGETHER. STRONG.
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$FFIE IM NOT SELLING!
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$FFIE not selling!!
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$FFIE this is going to FLY! Shorts only have till Monday to cover
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$FFIE LOAD THE HELL UP. Iβm so happy I didnβt sell.
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$FFIE this really isnβt bad news lolβ¦.this will still be a mega squeeze. Theyβd need to get it to like 10 cents to not squeeze. Thankfully we did such a good job today with volume
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$FFIE this really isnβt bad news lolβ¦.this will still be a mega squeeze. Theyβd need to get it to like 10 cents to not squeeze. Thankfully we did such a good job today with volume
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$FFIE this really isnβt bad news lolβ¦.this will still be a mega squeeze. Theyβd need to get it to like 10 cents to not squeeze. Thankfully we did such a good job today with volume
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$FFIE shorts only have till Monday to cover. Just hold. Simple. Donβt look if it helps
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$FFIE this really isnβt bad news lolβ¦.this will still be a mega squeeze. Theyβd need to get it to like 10 cents to not squeeze. Thankfully we did such a good job today with volume
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$FFIE this really isnβt bad news lolβ¦.this will still be a mega squeeze. Theyβd need to get it to like 10 cents to not squeeze. Thankfully we did such a good job today with volume
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$FFIE THEY CANT BRING THIS LOW ENOUGH FOR ME TO SELL
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$FFIE THEY STILL WONT BE EVEN CLOSE TO COVERING. Look how hard theyβre trying. We did a good job today with all the volume
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$FFIE NOT SELLING!!!!!
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$FFIE shorts act like this isnβt still up 900% over the last 3 months β¦.. Iβm not taking the bait. They canβt bring it low enough for me to sell but Iβll happily buy more
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$FFIE they canβt bring it low enough for me to sell but they can bring it low enough for me to buy more!
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$FFIE still not selling lol.. what donβt you shorts understand about how the market works? look if you need the money to pay your rent today then yea sellβ¦. But you shouldnβt have invested to begin with lol
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$FFIE as long as we keep it above $1.50 itβll gamma squeeze in after hours
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$FFIE donβt listen to the bear posts theyβre all bots. Iβm still holding. If you do your DD thereβs no point to selling for Pennieβs.
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