If you own long positions and unsure, read the screenshot
$Faraday Future Intelligent Electric Inc.(FFIE.US$ they manipulated the stock price by increasing and then mass selling lower to make you believe it is going to be 0 to make you sell cheaper and sometimes cheaper than what you bought due to fear. They are playing you.
There are still 36 million shorted/BORROWED stocks that are still out there, these people do not purchase stock like us, and they wants it down to 0.5 or 0.1, so they do not need to pay a cent for their losses at all.
They will be in debt if they must buy it $3 per piece for everything they borrowed, obviously they need you to sell your shares as low as possible when you believe is “dying”.
It is not, you should start panic selling only if you see there are no more shorted shares being held.
Do your homework, don’t follow and sell blindly just because these borrowers also make negative comments in our stock to make you jump. Ask yourself why does your money matter to these manipulative people, why are they camping our comments section with attempt to “influence” you to sell? Why does it matter if they did not borrow stocks?
My decision to hold or buy dip should not be a concern to these borrowers unless they are afraid. Humans ain’t so kind to “warn” each other unless there is a purpose or agenda that benefits them. Think yourself and don’t be a paper hand.
P.S: I will not even bother spending hours camping comment section warning others in their stocks if I don’t own and did not borrow any piece of share. I no longer owns GME, I won’t bother posting or tagging them to exit, it is a waste of time and we are responsible for our own money. Must be tiring if these “kind hearted people” spend hours going to every stock asking people to sell immediately if no underlying benefits :)
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Jaguar8 : The 36M SI is not updated. That has been the level since Wednesday. And yes, these evil shorts lurk within the chat room and instill fear. You can easily spot them but for naive and inexperienced retail traders, they buy in. Only when we sell that it frees up shares for them. One way they do it is to do S/L hunting. On the other hand, I can’t blame anyone who closes positions when their target profit has been reached.
Odette OP Jaguar8 : That is why, below, I said I don't care if the diamond hands sold them as they profit either way, but I purchased much higher so I have to hold. If I sell, I lose everything.
Jaguar8 Odette OP : Rightly so. I am sure there are a lot holding on their position. My take on any stock every Friday is people will close positions including shorts, hence the drop. You can see that on the turnover. Next week is another battle and we need to win again over them. This stock needs to maintain at least 1 pps to maintain compliance
Odette OP Jaguar8 : I clicked on the link, it says 17 May 7:59:59PM EDT for basic stats of 36.3 million borrowed shares
Jaguar8 Odette OP : Yes but that is the same number since Wednesday. So I doubt it’s accuracy knowing shorts covered today including DPs
Odette OP Jaguar8 : Where to see wednesday’s figures?
Jaguar8 Odette OP : Well you can no longer see that unless you keep track religiously on FINTEL which I do on all stock in my watchlist. Now check in 30minutes if that will be reduced with 4.8M shares returned 40 minutes ago. That should be around 31M
Odette OP : Oki thank you~
Jaguar8 Odette OP : We need to screw the shorts next week.
103510891 Jaguar8 : Helo, my position is 3.7. Should i lower down my cost by buying pre-market or watch first during pre-market?
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