heeded
I was trading this stock as a delisting play when it was 0.05$.
(Delisting play is a trade aimed at the timing when vacancies are covered until a company that is on the verge of financial bankruptcy suspends trading. (Since FFIE's advantage was that it was unable to raise capital through a public offering during a delisting lawsuit, it was modestly popular due to short-term speculation.)
At this time, the short squishy boom occurred due to the fact that Mr. KITTY, the creator of GME, was revived to X. Eventually, it spread to the penny stock community, and attention was drawn to FFIE, which has 95% vacant left. Then, around the same time, penny stocks with large vacancies, such as CRKN SLNA SINT, etc. were targeted by traders one after another. If you are interested, please check the chart including overtime. In other words, there is a high possibility that this sharp rise is not a factor unique to FFIE.
Then, after such a boom calmed down and short-term traders left to some extent, it plummeted from 4$, but the current situation is that agitation is intensifying on backseat X and Reddit.
What speculators like me are aiming for right now is a rebound in the range of about 1$ to 1.4$, a trade that looks like a sign if you're lucky enough to get 2$, but probably because there are many people who are caught at the upper price, it's not easy to get enough of a backlash, and if you get 10% to 20%, it's a trend that makes a profit.
Also, the 95% gap is the result of hedge funds, etc. grasping the reason for the decline and continuing to short with a firm intention. Give up on that if there isn't something innovative, there is a possibility that the short will pile up until the stock price rises slightly until it is delisted.
If 1$ is recaptured and there is no NASDAQ listing continuation issue, FFIE will be able to increase capital to save the company, and there will be a risk of a drastic drop in stock prices.
Then, diluted stocks are merged, and increasing capital and continuing repeated operations is the way for penny companies to survive.
No one knows what future stock prices will look like, but please be careful based on this.
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kenau : Thank you very much for the information![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
マックンpenny trader : GME, AMC, etc. are the ancestors of this neighborhood, so they are played over and over again, but basically stocks in this neighborhood are one-hit stores...
HKD, HOLO, MULN, and now FFIE.
It's like a miracle of the result of various factors overlapping, so personally, would it be faster for people who are holding onto it now to run away while they can and get it back in the next trade? I think so
182498212 : I was moved by the fact that it was well understood
It would have been nice if I bought 60 shares and cut a loss of 22,000 yen, but I was worried that I would eventually cut losses of all 350,000 yen. When it was skyrocketing, I wanted to earn about 200,000 yen without a profit of 20,000 yen, so I researched the stock for about 10 minutes and bought it. It won't go back to 3.6 dollars and I'll stop short-term trading with a loss cut of 2 dollars
みんみんみんぜみ OP 182498212 : I really understand it. Penny stocks require unique know-how and are difficult until you get used to them. It takes courage to cut losses, but it's necessary in order to move on, so I'm praying that I can get out at a good point.