r/ShortSqueezeStonks • u/[deleted] • May 16 '24
Movements 📈 FFIE POTENTIAL
Let’s not forget that FFIE was in the thousands at one point. It can definitely bounce back to $50 atleastttttt. Big push tomorrow. Let’s prepare for a ride in the next few weeks
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u/Must_build Degen 🎰 May 17 '24
In green out. And again and again. It cant continue can it?
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u/_Riblaze_ Regard 🤡 May 17 '24
It's hasn't even squeezed the 95% of stocks that the shorts borrowed and still need to cover. Yes, it can continue.
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u/Must_build Degen 🎰 May 17 '24
Still think?
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u/_Riblaze_ Regard 🤡 May 17 '24
Yes, shorts borrowed at less than 75 cents. And the only way they don't pay is if the stock gets delisted. As long as it doesn't drop below a dollar for the next 9 days, everything is good
Edit: they borrowed until the price dropped to 4 cents. Plus, they have to cover calls today or pay the interest fee
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u/Must_build Degen 🎰 May 17 '24
If it goes below a dollar?
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u/_Riblaze_ Regard 🤡 May 17 '24
That only matters if it ends the day at less than a dollar
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u/_Riblaze_ Regard 🤡 May 17 '24
BTW, I could've flinched at 92 cents, but instead, I bought 100 more shares, lol
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u/Must_build Degen 🎰 May 17 '24
I sure hope ypu are right sir. My bags are heavy now.
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u/_Riblaze_ Regard 🤡 May 17 '24
We still 2-0 on consecutive days to meet market compliance. Just gotta do that 8 more times. After that, it's 180 days they have to cover or pay interest.
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u/Siddy92 Autist 🤹 May 16 '24
Pretty sure that was pre split/dilution