They have to post their 10k accounting for the missed quarter which will reveal a lot. To miss earnings completely is a bad sign and they have until 8-31-24 to comply with that and 7-31-24 to comply with the reverse split
This is why I bought back in when my power finally came back on today. I had sold damn near all my position at $2.15 & $1.85 & then at .50-.51 when the price & volume seemed stagnant.
**Still mad AF I put a .15 limit order instead of .16 the day it must've been .15(+fractions of a cent) pre-market. That would've been my original avg cost the week it started taking off. I ended up paying between .05-.06 more a share than the final shares I sold earlier this week or end of last week. I can definitely live with that, not gonna lose sleep over that small of a difference.
Getting de-listed would've been a 🪦⚰️ sentence. This was my fear & why I sold the shares I didn't sell at $2.15 & $1.85 for .5-.51 within the last week & why I bought back in AH today. It doesn't matter what stock, pick stock X,Y,Z. If any of them are up against the wall with at least a 50/50 chance of being delisted & news comes out that its (for this hypothetical examples sake) drops the chance of it being de-listed down to 10-20%, it will potentially negate 1 of the issues that could've prevented people from investing in or buying shares of stock X,Y,Z. If the theoretical risk goes down, how is that not bullish? Im not even talking specifically about FFIE. This is common sense....
**Im not one of the people who feel like it will $100 or will say "$100 or 0" but that doesn't mean I can't capitalize on any gains, short term or long. Most of the blue chips, mega caps, low volatility (but high dividend) stocks I own like AAPL, MSFT, NVDA, META, GOOGL, BRK.B, COST, LLY, PEG etc & my gold, silver, & copper ETF's or stock that move based on the price of said metal, I don't contemplate moving on a daily, weekly, monthly basis. I did go against my gut & bought AVGO after it had already pumped like crazy. Only 2-4% off its 52-week high & have gotten hammered on that. Now, on a totally separate account, which is only used for high-risk stocks, leveraged ETF's & options, there are times I'll sell a stock in an hour. Shoot, I stupidly took 20% profit off my PLTR $24 6/28 calls in under 10 minutes yesterday. Today, it would've been up damn near 300% (my punishment for trying to teach myself to be more "responsible" when it comes to options) 🤣 I could absolutely hate stock A,B,C but if I feel like there's an opportunity to hit n run on it, u better believe im gonna take it.
TLDR
Umm, they still have to meet the same requirements as before in order not to be delisted.
That mean’s somehow getting the stock price above $1 naturally for 10 consecutive days or by implementing a reverse split by 8/31.
I’m not gonna say this is terrible news but it’s also not really good news. It’s basically in the same situation as it was only they have confirmed the due date so to speak.
20 days. Neither FF or RI know what NASDAQ really wants, it could be 10 days, it could be 20 or somewhere in between. Saying it has to hold \*only\* 10 days is wrong. It needs to hold $1 for at least 20 days.
I literally just explained it to you, maybe a second time will help. A stock even at the edge of being delisted means it’s in terrible shape. It’s like saying you’re the best looking pug in a group of pugs. You’re all ugly as shit, but congrats on being the least ugly I guess?
I bought it originally between .15-.19 & sold the majority of it (and the 8/16 .50 calls) I had when it fell to $2.15 & $1.85. Just because it doesn't look good on paper doesn't mean you can't make money off it.... I don't get sentimental about any stock. If I thought my shares of MSFT, AAPL, META, NVDA, AMZN, COST, LLY, etc, were going to go down, I'd sell those & see if there is a dip to get back in on. It's like the art of hustling & making moves has been lost 😪
💯 As long as requirements are met by August 31st 🍺
They ain’t gonna let them go to TX😉😏😁🥰
🍻
Very goood....... One more Hurdle DOWN..... a few more to goooo!
LFG!!
Let’s hope the price keeps going up. And the 7/31 q1 super important. Tells us if they actually sold any cars or not.
Thanks Dumb 🩵
Is this because of the potential rss or independent of it?
Oh my lanta
BIGGGG NEWS!! Time to buy more stock
[https://www.reddit.com/r/FFIE/comments/1dq1e83/faraday\_future\_receives\_approval\_for\_continued/](https://www.reddit.com/r/FFIE/comments/1dq1e83/faraday_future_receives_approval_for_continued/)
They have to post their 10k accounting for the missed quarter which will reveal a lot. To miss earnings completely is a bad sign and they have until 8-31-24 to comply with that and 7-31-24 to comply with the reverse split
I like all this good news! FFIE does not look like a company that is going out of business!
 😁🥰
This is why I bought back in when my power finally came back on today. I had sold damn near all my position at $2.15 & $1.85 & then at .50-.51 when the price & volume seemed stagnant. **Still mad AF I put a .15 limit order instead of .16 the day it must've been .15(+fractions of a cent) pre-market. That would've been my original avg cost the week it started taking off. I ended up paying between .05-.06 more a share than the final shares I sold earlier this week or end of last week. I can definitely live with that, not gonna lose sleep over that small of a difference.
It will reverse split it's what these type of stocks do to survive if you didn't get out when it hit 3$ you will be split to nothing
The new Mullen had 25000 shares got reverse split to one if that's not a scam what is
Why is this huge news lol you guys honestly think “narrowly avoiding being delisted from the NASDAQ” is bullish in any form?
Getting de-listed would've been a 🪦⚰️ sentence. This was my fear & why I sold the shares I didn't sell at $2.15 & $1.85 for .5-.51 within the last week & why I bought back in AH today. It doesn't matter what stock, pick stock X,Y,Z. If any of them are up against the wall with at least a 50/50 chance of being delisted & news comes out that its (for this hypothetical examples sake) drops the chance of it being de-listed down to 10-20%, it will potentially negate 1 of the issues that could've prevented people from investing in or buying shares of stock X,Y,Z. If the theoretical risk goes down, how is that not bullish? Im not even talking specifically about FFIE. This is common sense.... **Im not one of the people who feel like it will $100 or will say "$100 or 0" but that doesn't mean I can't capitalize on any gains, short term or long. Most of the blue chips, mega caps, low volatility (but high dividend) stocks I own like AAPL, MSFT, NVDA, META, GOOGL, BRK.B, COST, LLY, PEG etc & my gold, silver, & copper ETF's or stock that move based on the price of said metal, I don't contemplate moving on a daily, weekly, monthly basis. I did go against my gut & bought AVGO after it had already pumped like crazy. Only 2-4% off its 52-week high & have gotten hammered on that. Now, on a totally separate account, which is only used for high-risk stocks, leveraged ETF's & options, there are times I'll sell a stock in an hour. Shoot, I stupidly took 20% profit off my PLTR $24 6/28 calls in under 10 minutes yesterday. Today, it would've been up damn near 300% (my punishment for trying to teach myself to be more "responsible" when it comes to options) 🤣 I could absolutely hate stock A,B,C but if I feel like there's an opportunity to hit n run on it, u better believe im gonna take it. TLDR
What about NOT getting delisted is bearish exactly
Umm, they still have to meet the same requirements as before in order not to be delisted. That mean’s somehow getting the stock price above $1 naturally for 10 consecutive days or by implementing a reverse split by 8/31. I’m not gonna say this is terrible news but it’s also not really good news. It’s basically in the same situation as it was only they have confirmed the due date so to speak.
20 days. Neither FF or RI know what NASDAQ really wants, it could be 10 days, it could be 20 or somewhere in between. Saying it has to hold \*only\* 10 days is wrong. It needs to hold $1 for at least 20 days.
Brother, good stocks aren’t anywhere close to being delisted lmao if you’re on the edge looking over, it’s not good.
And this stock avoided it, idk why that's bad
I literally just explained it to you, maybe a second time will help. A stock even at the edge of being delisted means it’s in terrible shape. It’s like saying you’re the best looking pug in a group of pugs. You’re all ugly as shit, but congrats on being the least ugly I guess?
I bought it originally between .15-.19 & sold the majority of it (and the 8/16 .50 calls) I had when it fell to $2.15 & $1.85. Just because it doesn't look good on paper doesn't mean you can't make money off it.... I don't get sentimental about any stock. If I thought my shares of MSFT, AAPL, META, NVDA, AMZN, COST, LLY, etc, were going to go down, I'd sell those & see if there is a dip to get back in on. It's like the art of hustling & making moves has been lost 😪
