$Faraday Future Intelligent Electric Inc.(FFIE.US)$
There was a big increase yesterday, wasn't it?
Congratulations to those who did holder & date trading 🎊
Yesterday's flow was very interesting, so I'll leave it behind.
Even though FFIE and Arab news, which were shunned by stock merger news and had dropped to around 0.2 dollars, came out, it was a bad reaction.
Strong news about a major EV brand called RIVN came in there, and there was a good atmosphere for EVs as a whole.
The SPAC brand called optX skyrocketed in the pre-market, and traders flowed in order from there, from there, Wena → aiev, the SPAC brand that was recently merged.
This AIEV is an EV brand, and FFIE, which had news from here on, was reviewed, and it attracted a lot of attention, leading to a major sharp rise in rough spots. Also, there were a lot of flows aiming for 1$ in trading volume in the options market.
I was trading mainly on SPAC brands yesterday, so I couldn't anticipate this associative game 💦 so much so that I'll look back at it later... lol

$Faraday Future Intelligent Electric Inc.(FFIE.US)$
This is a story for short-term traders
There are opportunities for day trading before and after the stock merger.
We have seen many mergers of penny stocks, but as a common pattern
① Decline due to annexation decision → case where the purchase is on the short cover.
② A case where news such as PR comes out immediately after a stock merger and skyrockets.
③ A pattern where short cover and floating stocks are scarce a few days after merger decline.
Recently, VLCN has moved in a ③ pattern.
When FFIE is declining after the merger, or when stocks with similar stock mergers skyrocket, there is a possibility that they will get caught by screeners and traders will gather.
(It is preferable if the total market value and number of floating stocks are similar)
Even those who are losing money on this stock also have the option of getting back what they can get from date trading, so be flexible.

$Faraday Future Intelligent Electric Inc.(FFIE.US)$
It's been a while.
FFIE has dropped quite a bit since then, hasn't it?
Is it the decision to consolidate shares after adding new shares this time... this seems pretty bad for investors.
After saying things that can be heard well by the investor community at the general shareholders' meeting, funds are being replenished by issuing new shares, and the falling stock prices are being forcibly brought to clear delisting standards through stock mergers...
Even though this is how penny stocks survived, it was merged in March, and the same thing is repeated right away is like treating shareholders as ATMs. Even though they also have companies and families they should protect, it is terrible that they have been sacrificed up to this point.
It might not make sense to talk about speculative stocks like this
Bankruptcy and mergers continue across the board related to EVs and automobiles in recent years. Interest rates are high and the sector is declining, and it is unavoidable that funds cannot be secured.
Are companies with profits other than EVs like Tesla or Chinese companies that are large countries that seem to survive properly?...

$Faraday Future Intelligent Electric Inc.(FFIE.US)$
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 agitation intensified on backseat X and Reddit...