There is no more short squeeze...it's over. The one thing you thought would help is gone.
Short Interest in Faraday Future (FFIE) Stock Falls Below 3%
Hoping for a renewed FFIE short squeeze? Don't count on it.
All you have to do is use Google. Also the borrow rate to borrow shares is 11% annually...
As of June 6, 2024, the borrow fee for Faraday Future (FFIE) shares on Interactive Brokers was 11%, which is considered fairly high but not extreme. A borrow fee, also known as a stock loan fee, is an annualized percentage charged by a brokerage firm to a client for borrowing shares. The fee is based on the number of days the short trade is open and can range from a small fraction of a percent to more than 100% of the value of the trade. Before a client can borrow stock, they must complete a Securities Lending Agreement (SLA).
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Fire Long Studio : You look amazing, and shorting the agency must be your good brother.I'm so impressed that cold water is constantly being thrown here
OptionsKing OP james mills7 : There is no more short squeeze.
Short Interest in Faraday Future (FFIE) Stock Falls Below 3%
Hoping for a renewed FFIE short squeeze? Don't count on it.
All you have to do is use Google. Also the borrow rate to borrow shares is 11% annually...
As of June 6, 2024, the borrow fee for Faraday Future (FFIE) shares on Interactive Brokers was 11%, which is considered fairly high but not extreme. A borrow fee, also known as a stock loan fee, is an annualized percentage charged by a brokerage firm to a client for borrowing shares. The fee is based on the number of days the short trade is open and can range from a small fraction of a percent to more than 100% of the value of the trade. Before a client can borrow stock, they must complete a Securities Lending Agreement (SLA).
OptionsKing OP james mills7 : The more you speak, the clearer it becomes you don't even know the current short interest, or borrow fees....typically meme traders are slow to think
james mills7 OptionsKing OP : you can say what you want. but that number is only updated 2 times a month. it was shorted 128million shares just yesterday alone, so how could what you say even make sense? are you new?
102690283 james mills7 : He's not a newbie, but he's playing psychological warfare
I-am-ToTh 102690283 : short teacher : how to mind blowing bull trader
OptionsKing OP 104525746 : Who told you to sell. I want you to buy more....
103141642 102690283 : He played and lost last week, and the same routine came back. Instead, it gave me hope for this week
OptionsKing OP 103141642 : who lost? more lies?