$Faraday Future Intelligent Electric Inc. (FFIE.US)$ Borrowi...
Borrowing costs have steadily risen. Keep up the buying and holding :) For reference, GME at peak squeeze the annualised interest hit well above 20 both recently and in 2021. So yes, we are STILL early :)
Short Shares available have also dwindled to just 1.4m. There may be more shares added when the borrowing rates increase and entice other holders to loan them their shares but don’t worry this will only mean it will be more costly for them to short. The fact that the rates are increasing means that these hedge funds or whoever shorting are STILL trying to short the stock hard. The goal is to keep buying and holding until the costs to short the stock become impossibly high for them that the rates no longer make sense for them to roll their shorts and have them receive margin calls when the prices go higher forcing them to close their shorts at the prices WE want. All this means that FFIE share price increases may become quicker and that the stock in general will become a lot more volatile. They do not want this. They WILL play dirty. Do not panic on large swings. Buy and hold.
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