Ffie won’t go down anytime soon
We all know how rich UAE companies are, most of the oil and gass come from there. With their backing, they should be able to survive a bit longer. So i am seeing the price will hit minimum $1. Just a matter of time.
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LukeM : CRKN trades, very very similar, algorithmic wise. Both of these are gonna start going apeshit. I’m currently in CRKN but notice they both trade almost exactly the same just different price.
Maremare : 1 dollar? If they want face, this should be at least a 10 dollar stock.
JC88 OP Maremare : Many will be millionaire when it goes back to $50 from last year august, which is less than a year ago. But this will be a long term play if UAE heavily invested on it and assuming it still has a chance to compete with Tesla. Monopoly is not good for consumers, eventually will have a few key competitors. I’m buying in and holding for long term.
JC88 OP Maremare : Imagine those who bought a lot when it was 0.04 in April. More and more millionaires soon.