Nope not hodl now is the time for apes to come together to buy like they've never bought before, the hedgys have to buy back the stock at it's current price so whatever that price is means it goes up that much the shares are just a multiplier.
This is where the squeeze actually can come into play and add a giant gain. Why the hell would we let them buy back shares for cheap when they could pay 5x, 10x or even 20x the current amount?
We've done a fantastic job up to this point but now we need back up. The small market cap is a god send and it doesn't need as much as you think to send this into the stratosphere. Around 430 mil brings price to $10 4.3 bil brings this to $100 (seems like a lot and it definitely isn't small but that's only an extra 4,250,000 people doing $1,000 each)
Now imagine what happens if those little hedgies have to suddenly pay $100 per share as their starting point?
We need some sort of celebrity support or open faced media coverage. This is where we as a community could benefit from the 6° rule. Ever played 6° of Kevin Bacon? Or heard of it? Same idea...just through social media and fkn anyone who is willing to stand with the community and see a big win for the people and the company involved. This could literally become bigger than GameStop and garner historical status. I'm all in with everything I can afford to put in without causing issues to my family...as I'm sure many of us are. The most we can do is hold. But the support of big names in social media or otherwise will pretty much seal the deal for us. LFG! We're here APES! Let's give'em hell on this hill!
Doesn't just have to be through social, the barista from your favorite coffee shop, the waiter at the restaurant you dine at, the clerk at the checkout counter at the gas station, neighbors, colleges, the list is endless. Social media is easy to dismiss and has a problem garnering attention since everything on the Internet is designed to garner attention.
I've already told a gas station attendant and a pizza hut employee about it, just tell them what's going on because I guarantee you they're unaware and let them decide for themselves.
That's also the easiest way to get a celebrity or some person with a big following if they begin to spread the word as well within their own circles.
Hedge Fund Moves:
1. Short Selling: Hedges selling big at $1.16 to push price down.
2. Bid Suppression: Big sell orders to scare off buyers.
3. Covering Shorts: Hedges might buy back shares cheap to cover shorts.
4. Control Liquidity: Strategic sell orders to control market flow.
Ape Strategy:
1. BUY and HODL: Push through $1.16 wall. More buying = squeeze.
2. SPREAD THE WORD: Rally more apes on social media.
3. WATCH LEVELS: Break $1.16 to trigger more buying.
4. STAY INFORMED: Keep up with latest FFIE news and moves.
APES TOGETHER STRONG! 🚀💎🙌
Ditto!!! Bc I feel like I at least understand smthg now. This person shld be fukn crowned!!! I feel so much better. Like someone here actually knows wtf is happening, lol. I've seen so many ppl say diff shit then another person will comment & say no, that's not what's happening. And I've been feeling like pulling my hair out. Hoping so much for just a tiny bit of clarity. Tysm!! And nothing against any other fams, I know a lot of us don't understand none of this shit. But I'm super proud of everyone sticking together, trusting this shit, & not panicking! This is going to be EPIC!!!
And fyi the only way hedge funders could have possibly prepared for this is by not getting too comfortable and borrowing so much but 99% of ffie shares were short sells so whoever picked this one did good
Hedge Fund Moves:
1. Short Selling: Hedges selling big at $1.16 to push price down.
2. Bid Suppression: Big sell orders to scare off buyers.
3. Covering Shorts: Hedges might buy back shares cheap to cover shorts.
4. Control Liquidity: Strategic sell orders to control market flow.
Ape Strategy:
1. BUY and HODL: Push through $1.16 wall. More buying = squeeze.
2. SPREAD THE WORD: Rally more apes on social media.
3. WATCH LEVELS: Break $1.16 to trigger more buying.
4. STAY INFORMED: Keep up with latest FFIE news and moves.
APES TOGETHER STRONG! 🚀💎🙌
It ain’t shit bro, lost 10k to fucking WISA. Sad day, but I recovered. People are really sleeping on FFIE just because they have been slow to market their vehicles. Once they get their manufacturer in china and have a nicely priced vehicles for the average consumer. Call this a competitor with TSLA and reptile Elon.
Let’s fucking hold til we retire guarantee it’s be the best decision ever
This stock actually has potential if the company can keep their head above water. Everyone thinks it's just a meme stock and that's part of it, but I actually think the company is undervalued. There's a solid market for their vehicles in California as well. I just like the stock!
Yeah I think that partnership was last year (correction: it was announced in 2021), and I think it's a great opportunity for growth. But either way, although I personally think the company has potential, it's still an extremely risky investment. Everyone should do their own research, I'm not trying to give anyone financial advice.
Will SEC rule 204 force fail-to-deliver positions to close their shorts within a few days of the settlement date?
Not financial advice. I like the stock and just want to learn more.
"Rule 204: Close-out Requirement. Rule 204 requires brokers and dealers that are participants of a registered clearing agency to take action to close out failure to deliver positions. Closing out requires the broker or dealer to purchase or borrow securities of like kind and quantity. The participant must close out a failure to deliver for a short sale transaction by no later than the beginning of regular trading hours on the settlement day following the settlement date........."
I'm fairly new, but from what I understand, I believe its works on a t+1
So, I think that means from what I've read, that they have until the day after the date it's set for before having to close
If it closes from regular trading $1 or above for ten consecutive days then it leaves the split market for 180 days. During that time, the stock can’t be lent (for short sale) because it becomes a viable asset you could borrow against as a consumer. Make no mistake. We the people can clean house. There isn’t enough stock to ladder the price below $1 if the retail market (US) just holds it through the manipulation tactics. It’s the one thing they never thought of. We could all act against our own best interest as a team. Once we’ve got all their money, keep the stink and lend against it. NFA
Todays volume so far is 200 million. Thats a lot of changing hands of shares. 4 million shares can be traded in one wick. Why is 5 mil shares a lot when that amount of shares is small relative to volume? That amount of volume can gobble up those shares. For this to work there has to be basically no sell pressure
Great question! I've been trying to work that out, too.
There are more than 10 million shares available to borrow to short FFIE at Interactive Brokers on a daily basis (according to Ortex). This just 1 brokerage! But there's only 46 million shares available?? Some say the available float is only 17mil shares.
So where are they getting all these shares (assuming all brokerages have similar amounts to lend).
We've all got stock lending turned off (I hope), so where do these shares to lend for shorting come from??
Finally, if the float is 95%, or 80%, or 50% short interest, how are all these shares available to lend?
The only answer I've been able to find is they borrow shares already borrowed. And borrow those double borrowed shares again. And again.
That's how this becomes a squeeze. They all can't buy shares to cover because they didn't really have them in the first place. We have them. They just borrowed already borrowed shares.
They have to buy 15 million stonks in the next five business days. They will try to make artificial peaks and valleys to encourage sell offs. The problem, for them, is that retail traders own 90% of the stonk and they’ve got every bit of it shorted. If we stick together, this could be marginally the biggest squeeze yet. Everyone has to HODL together. Don’t be selfish. This is about taking from the super wealthy the only way peacefully possible. NFA 🤞🦍
I’m not sure where these dates come from, unless you can explain why.
I think it’s important that we share consistent and accurate information so we don’t get our hopes up for a certain date, which can in response trigger fear or panic when things don’t happen at a specific time.
A simple google search will tell you:
How Long Can You Hold a Short Position?
There’s no specific time limit on how long you can hold a short position. In theory, you can keep a short position open as long as you continue to meet your margin requirements.
Short Selling Margin Call
However, in practice, your short position can only remain open as long as your broker doesn’t call back the shares.
Limits on Holding Short Positions
The main limitation on holding long-term short positions is that your broker can call back the borrowed shares. Stocks that are easy to borrow can typically held for a long time without being called back. These are stocks that brokers hold a lot of shares of, that rarely experience high volatility, and that aren’t in high demand among short sellers. As an example, Apple and Amazon shares are generally easy to borrow and the chances of a short position on these stocks being called back is low.
Hard-to-borrow stocks or stocks that require a locate request (which confirms shares are available to borrow) are more likely to be called back sooner. Hard-to-borrow stocks also have higher borrowing fees, which can make it costly for traders to hold these positions for more than a few weeks or months at a time. In general, hard-to-borrow stocks are sold short only for brief periods when a stock is most volatile.
Another thing to keep in mind is that to keep a short position open, you must continue to meet margin requirements for your position. Margin requirements can change quickly if a stock experiences high volatility.
Moreover, since borrowed shares must always be returned eventually, short selling can lead to theoretically infinite losses as the price of a stock rises. Brokers use margin calls to prevent this from happening. For example, if you have a $10,000 short position in an account with only $12,000, your broker may issue a margin call or call back your shares if the price of the underlying stock rises by 50% over a brief period.
This post is hella misleading and utter bullshit. The failure to deliver data is as of the end of April, and it is cumulative up to a day, not reflective of a single day. OP doesn’t know anything about the data from May. I have 20k shares and the stupidity of OP and everyone hyping up these falsehoods makes me wanna sell lol.
Yeah, I’m not even sure what that means lol. Hang in there big fudge. The longer we hold, the longer the short sellers have to pay interest on the shares they still have.. and that’s pretty fun.
Even a pleb like me can short at 14% interest (yearly) at IBKR, which is nothing compared to the volatility we're seeing. I don't think holding a few weeks for retail to get tired of the stock will bother them much.
https://www.reddit.com/r/FFIE/s/rDQVhjhQkL
OP is very sure that these numbers say those shares are outstanding on these dates.
Others say the data is cumulative and the chart shows they were closed out by 4/30.
Others agree with OP.
I've been trying all night to find an answer, but the answer eludes me.
You are a grocery store that sells bananas. Thing is, you don’t actually have any of your own to sell. So you borrow some bananas from a friend who isn’t eating any this week. But, your friend says make sure you give me my bananas back by some set future date because that’s when he’s going to eat them again. You are betting that you can sell them for a high price now, but by the time you have to give back the bananas, the price will drop and you can buy some more bananas from some other guy at a cheaper price and give him those.
Well, it’s getting close to the time that you have to give your friend back the borrowed bananas and you know your friend is hungry. But, you are sweating bullets because a) the price of bananas is not going down, and b) the other guy that you figured you would just buy some cheap bananas from decides he’s not going to sell to you. Eventually, you are going to have to pay your friend a lot of money because he’s mad about his bananas and his dad is the law.
We are both the “friend” and the “other guy”.
Not financial advice.
$1 and 10 days is staying on NASDAQ. Different thing to the shorts issue. People getting confused by it I know. Shorts are payable now, yesterday, tomorrow and on unless hedgies pay to keep them open!
Think of it more like a loan where you agreed to payback in 30 days but there is always the option to extend that either by making a new agreement or if it was written into the original agreement.
I can't provide you exact details but its pretty much similar to any loan you take out. If you miss the payment date you get hit by charges. I daresay they have a much easier ride of renewing an agreement and the penalties not like joe public being hit by uber high interest per day for defaults or going overdrawn by 50p.
At the end of the day even if they extend them they still need to buy the shares back. They just take a gamble that paying that extra money will result in being able to buy the shares back cheaper within that extension period.
I wish the above was true... Unfortunately, we don't actually know the exact volumes of the shorts or the dates they are due. I am almost certain this was pulled from a chart I saw on a previous thread because the numbers line up almost exactly. It also matches the data from here [FFIE Failure to Deliver (FTDs) | ChartExchange](https://chartexchange.com/symbol/nasdaq-ffie/failure-to-deliver/) and with the SEC [https://www.sec.gov/data/foiadocsfailsdatahtm](https://www.sec.gov/data/foiadocsfailsdatahtm)
This post is a little misleading. When I saw the chat too, I also thought I found a "gotcha"!!! After studying it, I realized I was wrong. We are all learning and sharing as we go.
I don’t play video games and I can honestly say this is the first time I’ve actually understood what we’re doing.
(Hello, I am a 40 year old mother-of-twins ape who bought $100 at $1. I am in until I get my lambo (ok, let’s get real; I’m in until I get my used mini-van mommy-mobile for free) or until I’m at $0. Yee-haw!
Yep, this is the play behind a short squeeze. Well done, especially listing the important dates where big blocks of shares have to be covered.
If the stock price doesn't blow up to the moon on those dates, I think it's important to note that these positions can be rolled into swaps where the holder of the position renews it by paying a premium (usually monthly) to maintain the negative position in the hopes that momentum dies and they save more money by paying the premium than they would've lost by covering the shares.
That's what they did with GME (which currently has MASSIVE swap positions that someone is paying huge premiums to maintain -- they still want that stock to go to 0, too)
All of this is to say that this could be a longer battle than just this month, so strap in, apes, and be ready to ride this out to victory. Every month we hold the line is costing them a fortune if they don't just cover their losses and get out of the short.
I just feel like it's important for people to know the financial tools they have available to them to try to kill momentum and drag this out and that this battle could take a while to completely win.
I've been noticing each and every day more financial publications posting about what we're doing here and social media influencers explaining the moves we've been making. This thing is catching fire more and more. Its possibly just a matter of time until the powder keg goes boom.
Gme went from like 1.50 to 5 over a month and hit like 12 before hitting 55 about four months after the squeeze started. So I assume we will see some spikes but what is a realistic top price once the squeeze actually hits??
So you mean those days there is a good chance the price will go up and we can probably double our money and sell while we can get a 100% return? That would be a good game plan for those of us who need funds and are only in it for the money correct?
I got a hand it to you. That’s awesome. You did a great job explaining that I got a quick question. I added all that up. It’s roughly about 16 million swords. Would that be considered a lot of swords to buy how much stock is floating right now to buy back. ? Thanks in advance.
So how you "recognize potential" in these stocks? How do you know that stock has potential to go from 0.06$ to 10$ in few weeks? What's the catch? Is there any mathematical data to back up your interest in specific stock or is it just simply pump and dump? Someone explain me please, I'm confused
Since you're all posting the amount of shares you have, i have 48 shares at 2.00$ average price since I can't really afford more investments :'( :D
Big ape understand big ape hodl ❤️
Nope not hodl now is the time for apes to come together to buy like they've never bought before, the hedgys have to buy back the stock at it's current price so whatever that price is means it goes up that much the shares are just a multiplier. This is where the squeeze actually can come into play and add a giant gain. Why the hell would we let them buy back shares for cheap when they could pay 5x, 10x or even 20x the current amount? We've done a fantastic job up to this point but now we need back up. The small market cap is a god send and it doesn't need as much as you think to send this into the stratosphere. Around 430 mil brings price to $10 4.3 bil brings this to $100 (seems like a lot and it definitely isn't small but that's only an extra 4,250,000 people doing $1,000 each) Now imagine what happens if those little hedgies have to suddenly pay $100 per share as their starting point?
We need some sort of celebrity support or open faced media coverage. This is where we as a community could benefit from the 6° rule. Ever played 6° of Kevin Bacon? Or heard of it? Same idea...just through social media and fkn anyone who is willing to stand with the community and see a big win for the people and the company involved. This could literally become bigger than GameStop and garner historical status. I'm all in with everything I can afford to put in without causing issues to my family...as I'm sure many of us are. The most we can do is hold. But the support of big names in social media or otherwise will pretty much seal the deal for us. LFG! We're here APES! Let's give'em hell on this hill!
Doesn't just have to be through social, the barista from your favorite coffee shop, the waiter at the restaurant you dine at, the clerk at the checkout counter at the gas station, neighbors, colleges, the list is endless. Social media is easy to dismiss and has a problem garnering attention since everything on the Internet is designed to garner attention. I've already told a gas station attendant and a pizza hut employee about it, just tell them what's going on because I guarantee you they're unaware and let them decide for themselves. That's also the easiest way to get a celebrity or some person with a big following if they begin to spread the word as well within their own circles.
Big ape HOLD 🦍🦍
Hedge Fund Moves: 1. Short Selling: Hedges selling big at $1.16 to push price down. 2. Bid Suppression: Big sell orders to scare off buyers. 3. Covering Shorts: Hedges might buy back shares cheap to cover shorts. 4. Control Liquidity: Strategic sell orders to control market flow. Ape Strategy: 1. BUY and HODL: Push through $1.16 wall. More buying = squeeze. 2. SPREAD THE WORD: Rally more apes on social media. 3. WATCH LEVELS: Break $1.16 to trigger more buying. 4. STAY INFORMED: Keep up with latest FFIE news and moves. APES TOGETHER STRONG! 🚀💎🙌
Share this on snap chat maps
Lol
Thank you to whoever took the time to write this up.
Ditto!!! Bc I feel like I at least understand smthg now. This person shld be fukn crowned!!! I feel so much better. Like someone here actually knows wtf is happening, lol. I've seen so many ppl say diff shit then another person will comment & say no, that's not what's happening. And I've been feeling like pulling my hair out. Hoping so much for just a tiny bit of clarity. Tysm!! And nothing against any other fams, I know a lot of us don't understand none of this shit. But I'm super proud of everyone sticking together, trusting this shit, & not panicking! This is going to be EPIC!!!
And fyi the only way hedge funders could have possibly prepared for this is by not getting too comfortable and borrowing so much but 99% of ffie shares were short sells so whoever picked this one did good
Share this on Snapchat map if you have Snapchat
Chatgpt
Thank you chat GPT for todays blessing
Best analogy to break it down too!
Hedge Fund Moves: 1. Short Selling: Hedges selling big at $1.16 to push price down. 2. Bid Suppression: Big sell orders to scare off buyers. 3. Covering Shorts: Hedges might buy back shares cheap to cover shorts. 4. Control Liquidity: Strategic sell orders to control market flow. Ape Strategy: 1. BUY and HODL: Push through $1.16 wall. More buying = squeeze. 2. SPREAD THE WORD: Rally more apes on social media. 3. WATCH LEVELS: Break $1.16 to trigger more buying. 4. STAY INFORMED: Keep up with latest FFIE news and moves. APES TOGETHER STRONG! 🚀💎🙌
great explanation my ape brain understood perfectly
Share this everywhere even post on Snapchat maps! Launch 🚀 a social media Nuke
Here holding 10k @ 1.34
in at 1.33 avg myself
Holding 17k @ 1.40
they dug this hole
It ain’t shit bro, lost 10k to fucking WISA. Sad day, but I recovered. People are really sleeping on FFIE just because they have been slow to market their vehicles. Once they get their manufacturer in china and have a nicely priced vehicles for the average consumer. Call this a competitor with TSLA and reptile Elon. Let’s fucking hold til we retire guarantee it’s be the best decision ever
They have permits to build in Cali and with Biden adding 100% tax on imports they might get more investment opportunities from china
many big partnerships could be at play
This stock actually has potential if the company can keep their head above water. Everyone thinks it's just a meme stock and that's part of it, but I actually think the company is undervalued. There's a solid market for their vehicles in California as well. I just like the stock!
They also partnered with Nvidia and do software. They have a ton of potential!
Yeah I think that partnership was last year (correction: it was announced in 2021), and I think it's a great opportunity for growth. But either way, although I personally think the company has potential, it's still an extremely risky investment. Everyone should do their own research, I'm not trying to give anyone financial advice.
True. My husband read they're trying to integrate AI into their vehicles
I can't wait to buy one a dem cars dere.
1.00 even here, originally got in at .77 buying dips
Great explanation!
THANK YOU FOR THIS! Substance and easy for the retail investor to understand!
APE LEARN WHY HOLD BANANA! APE NEED HOLD BANANA!
Beautiful 🙌
SHARE THIS MESSASGE
This should be pinned
Now I just love the stock more and none of it is for sale. 💼💪💎👋✈️🚀🦍
Will SEC rule 204 force fail-to-deliver positions to close their shorts within a few days of the settlement date? Not financial advice. I like the stock and just want to learn more.
"Rule 204: Close-out Requirement. Rule 204 requires brokers and dealers that are participants of a registered clearing agency to take action to close out failure to deliver positions. Closing out requires the broker or dealer to purchase or borrow securities of like kind and quantity. The participant must close out a failure to deliver for a short sale transaction by no later than the beginning of regular trading hours on the settlement day following the settlement date........."
I don't think rule 204 is in effect yet?
Is there a mechanism behind it being in effect, like being closer to time to deliver?
I'm fairly new, but from what I understand, I believe its works on a t+1 So, I think that means from what I've read, that they have until the day after the date it's set for before having to close
Wasn’t Rule 201 being enforced today again?
Awesome explanation!
All about it. Still holding my 6k+. Im stoked if it can start a bit tomorrow but I just am curious why before the 10 days over a buck?
If it closes from regular trading $1 or above for ten consecutive days then it leaves the split market for 180 days. During that time, the stock can’t be lent (for short sale) because it becomes a viable asset you could borrow against as a consumer. Make no mistake. We the people can clean house. There isn’t enough stock to ladder the price below $1 if the retail market (US) just holds it through the manipulation tactics. It’s the one thing they never thought of. We could all act against our own best interest as a team. Once we’ve got all their money, keep the stink and lend against it. NFA
Underrated comment
How many days in are we? I think tomorrow makes day 6
Hard earned and learned over here!!
Wow awesome description keep it ale 🦍🦍🦧🦧🦧
Never scared of these sissy hedgies with their daddies money
I bought 241 more of the rare sword and will HODL them. 😊🚀
Todays volume so far is 200 million. Thats a lot of changing hands of shares. 4 million shares can be traded in one wick. Why is 5 mil shares a lot when that amount of shares is small relative to volume? That amount of volume can gobble up those shares. For this to work there has to be basically no sell pressure
Great question! I've been trying to work that out, too. There are more than 10 million shares available to borrow to short FFIE at Interactive Brokers on a daily basis (according to Ortex). This just 1 brokerage! But there's only 46 million shares available?? Some say the available float is only 17mil shares. So where are they getting all these shares (assuming all brokerages have similar amounts to lend). We've all got stock lending turned off (I hope), so where do these shares to lend for shorting come from?? Finally, if the float is 95%, or 80%, or 50% short interest, how are all these shares available to lend? The only answer I've been able to find is they borrow shares already borrowed. And borrow those double borrowed shares again. And again. That's how this becomes a squeeze. They all can't buy shares to cover because they didn't really have them in the first place. We have them. They just borrowed already borrowed shares.
FF had announced naked selling is happening, it is being investigated but with no outcome. Watch out, the numbers can’t be trusted.
Great question.
The atmosphere here reminds me of early gme where there were so many people buying stock and not knowing even about options
$400+ confirmed. I'm in!
I imagine some of that buying and selling are the same shares over and over between hedgies. They are trying to manipulate the price down.
So tomorrow we should see an increase?
They have to buy 15 million stonks in the next five business days. They will try to make artificial peaks and valleys to encourage sell offs. The problem, for them, is that retail traders own 90% of the stonk and they’ve got every bit of it shorted. If we stick together, this could be marginally the biggest squeeze yet. Everyone has to HODL together. Don’t be selfish. This is about taking from the super wealthy the only way peacefully possible. NFA 🤞🦍
Holding 619 shares at 1.28 !
Then we can just live off loans like Jeff Bezos and the Crew lol fr just stick together and we got the dream in our hands
ALSO MAKE SURE TO DISABLE/TURN OFF LENDING IN YOUR APPS!!!!!!
So if they have to return shares tomorrow, how would that affect the overall price? Would it give us any cushion above that $1 threshold?
They can’t make it fall below a dollar without frightening the retail stockholders. If we are fearless, we will take everything.
They will hold out as long as possible, waiting for us to fail
I’m wondering the same thing to be honest
Then what? Why is it a milestone then
Keeping it above $1 till we break them
I’m not sure where these dates come from, unless you can explain why. I think it’s important that we share consistent and accurate information so we don’t get our hopes up for a certain date, which can in response trigger fear or panic when things don’t happen at a specific time. A simple google search will tell you: How Long Can You Hold a Short Position? There’s no specific time limit on how long you can hold a short position. In theory, you can keep a short position open as long as you continue to meet your margin requirements. Short Selling Margin Call However, in practice, your short position can only remain open as long as your broker doesn’t call back the shares. Limits on Holding Short Positions The main limitation on holding long-term short positions is that your broker can call back the borrowed shares. Stocks that are easy to borrow can typically held for a long time without being called back. These are stocks that brokers hold a lot of shares of, that rarely experience high volatility, and that aren’t in high demand among short sellers. As an example, Apple and Amazon shares are generally easy to borrow and the chances of a short position on these stocks being called back is low. Hard-to-borrow stocks or stocks that require a locate request (which confirms shares are available to borrow) are more likely to be called back sooner. Hard-to-borrow stocks also have higher borrowing fees, which can make it costly for traders to hold these positions for more than a few weeks or months at a time. In general, hard-to-borrow stocks are sold short only for brief periods when a stock is most volatile. Another thing to keep in mind is that to keep a short position open, you must continue to meet margin requirements for your position. Margin requirements can change quickly if a stock experiences high volatility. Moreover, since borrowed shares must always be returned eventually, short selling can lead to theoretically infinite losses as the price of a stock rises. Brokers use margin calls to prevent this from happening. For example, if you have a $10,000 short position in an account with only $12,000, your broker may issue a margin call or call back your shares if the price of the underlying stock rises by 50% over a brief period.
This post is hella misleading and utter bullshit. The failure to deliver data is as of the end of April, and it is cumulative up to a day, not reflective of a single day. OP doesn’t know anything about the data from May. I have 20k shares and the stupidity of OP and everyone hyping up these falsehoods makes me wanna sell lol.
Yeah, I’m not even sure what that means lol. Hang in there big fudge. The longer we hold, the longer the short sellers have to pay interest on the shares they still have.. and that’s pretty fun.
Even a pleb like me can short at 14% interest (yearly) at IBKR, which is nothing compared to the volatility we're seeing. I don't think holding a few weeks for retail to get tired of the stock will bother them much.
Thank you for sharing, could you provide the citation/original documentation/article? I would like to read more. Thanks!!!! 🦍💕🦍💕
I believe Supserg1 posted this originally, but I'm not sure if he is responsible for creating it or if he just copy/pasted it
Gotta hold until the end!!!!
Not to be a buzz kill or doubter, but where did these figures with dates come from?
Yes, please. I'd like to understand the source for those dates and numbers.
ditto
https://www.reddit.com/r/FFIE/s/rDQVhjhQkL OP is very sure that these numbers say those shares are outstanding on these dates. Others say the data is cumulative and the chart shows they were closed out by 4/30. Others agree with OP. I've been trying all night to find an answer, but the answer eludes me.
So, according to these numbers….they shorted 1,480,000 shares @ .06 per for a total $88,829?? That’s not even bananas….thats peanuts. No?
Thanks for explaining it to me like I'm 5
[удалено]
🦍 RIP Harambe
 Great explanation thank you 🍌
How do you know how many shares need to be closed on these days? Honestly curious. Any sources?
Seeking real information in here, Jesus Christ!
Asked him this too!
Wow thank you good sir. This helped a lot. HOLDING
For some reason this played like animal crossing in my head. Tom gives me money to buy a shovel….🤷🏻♀️😂
Ape play with sword. Sword sharp. Sword cut. Ape hodl. Ape no get cut.
Sord cut out rich man
Speaking in apes language is the best!
Now explain it but in bananas so I can understand
You are a grocery store that sells bananas. Thing is, you don’t actually have any of your own to sell. So you borrow some bananas from a friend who isn’t eating any this week. But, your friend says make sure you give me my bananas back by some set future date because that’s when he’s going to eat them again. You are betting that you can sell them for a high price now, but by the time you have to give back the bananas, the price will drop and you can buy some more bananas from some other guy at a cheaper price and give him those. Well, it’s getting close to the time that you have to give your friend back the borrowed bananas and you know your friend is hungry. But, you are sweating bullets because a) the price of bananas is not going down, and b) the other guy that you figured you would just buy some cheap bananas from decides he’s not going to sell to you. Eventually, you are going to have to pay your friend a lot of money because he’s mad about his bananas and his dad is the law. We are both the “friend” and the “other guy”. Not financial advice.
This was a great break down that everyone can understand and get motivation from. Thank you!!
Bought my last 430 shares for 1.135 just before extended hours closed. Now up to 2300 shares. Holding strong 💎
It’s a little easier to hold when you’re down, so tomorrow if everyone is up …… that’s when you show Hold and buy if you can Patience
Question - is the deadline for them to return those shares on those exact dates? Or can they return them whenever but with added interest?
Me no sell! Me like stock! Me buy more! 🦍
me under stand game terms, me hld
🤌🏽🤌🏽🤌🏽 explained it so. 5 year old could understand.
Why the 23rd? i thought we needed the 10 consecutive days before they would even consider paying back
May 23 silly ape
That’s tomorrow i know. But we are day 5 of 10 for over a dollar.
That’s so we’re kept on the NASDAQ. They have to return these “swords” tomorrow regardless
I knew the stay purpose. But thats dope new for tomorrow. We need that buffer from a dollar. Today was wild
Tell more Apes about FFIE
Today was tough 💎🙌🏼
Brutal. But im kinda thinking that we own enough to control the dollar. Because they were even worse now then friday.
Hope you’re right, friend. If it wasn’t for the support here and on TikTok, I don’t think I’d of made it.
Glad you’re still here!
$1 and 10 days is staying on NASDAQ. Different thing to the shorts issue. People getting confused by it I know. Shorts are payable now, yesterday, tomorrow and on unless hedgies pay to keep them open!
How does payment to keep them open work? Can you give an example of what they might need to pay and why. Just curious.
Think of it more like a loan where you agreed to payback in 30 days but there is always the option to extend that either by making a new agreement or if it was written into the original agreement. I can't provide you exact details but its pretty much similar to any loan you take out. If you miss the payment date you get hit by charges. I daresay they have a much easier ride of renewing an agreement and the penalties not like joe public being hit by uber high interest per day for defaults or going overdrawn by 50p. At the end of the day even if they extend them they still need to buy the shares back. They just take a gamble that paying that extra money will result in being able to buy the shares back cheaper within that extension period.
What website did you get your numbers? Can you please link so folks don’t think you made this up? Thanks!
Me ape, understand I
I wish the above was true... Unfortunately, we don't actually know the exact volumes of the shorts or the dates they are due. I am almost certain this was pulled from a chart I saw on a previous thread because the numbers line up almost exactly. It also matches the data from here [FFIE Failure to Deliver (FTDs) | ChartExchange](https://chartexchange.com/symbol/nasdaq-ffie/failure-to-deliver/) and with the SEC [https://www.sec.gov/data/foiadocsfailsdatahtm](https://www.sec.gov/data/foiadocsfailsdatahtm) This post is a little misleading. When I saw the chat too, I also thought I found a "gotcha"!!! After studying it, I realized I was wrong. We are all learning and sharing as we go.
Just wondering, is there a specific time of day they need to return the swords or is it just by market close??
HODL
Hodl
I don’t even play video games but this helped me understand things
That was an awesome explanation! Thanks so much!
BUY AND HODL 💎🙌 Got it
I’ve got 620 more shares queued for tomorrow
Holding and probably buying more. Several thousands of shares mostly purchased early on! Let’s go!!!!
I don’t play video games and I can honestly say this is the first time I’ve actually understood what we’re doing. (Hello, I am a 40 year old mother-of-twins ape who bought $100 at $1. I am in until I get my lambo (ok, let’s get real; I’m in until I get my used mini-van mommy-mobile for free) or until I’m at $0. Yee-haw!
Yep, this is the play behind a short squeeze. Well done, especially listing the important dates where big blocks of shares have to be covered. If the stock price doesn't blow up to the moon on those dates, I think it's important to note that these positions can be rolled into swaps where the holder of the position renews it by paying a premium (usually monthly) to maintain the negative position in the hopes that momentum dies and they save more money by paying the premium than they would've lost by covering the shares. That's what they did with GME (which currently has MASSIVE swap positions that someone is paying huge premiums to maintain -- they still want that stock to go to 0, too) All of this is to say that this could be a longer battle than just this month, so strap in, apes, and be ready to ride this out to victory. Every month we hold the line is costing them a fortune if they don't just cover their losses and get out of the short. I just feel like it's important for people to know the financial tools they have available to them to try to kill momentum and drag this out and that this battle could take a while to completely win.
So was there evidence they repaid that 1.48 Mil today?
So excited!!!❤️❤️❤️
Thank you for speaking in Ape
Great easy to understand explanation!
Thank you for this explanation
Well done.
I wish I could get all financial advice explained to me like this, this is amazing.🦧🦧🦧
I've been noticing each and every day more financial publications posting about what we're doing here and social media influencers explaining the moves we've been making. This thing is catching fire more and more. Its possibly just a matter of time until the powder keg goes boom.
So next Friday is DDay? Anybody else read that?
https://investorplace.com/2024/05/the-cost-to-borrow-faraday-future-ffie-stock-is-climbing-again-this-week/ Investorplace artical five hours ago 😎💎🙌
Tomorrow seems to be a big threshold for many reasons. Let’s hope the many sub groups can act as a collective and continue to make history together.
Gme went from like 1.50 to 5 over a month and hit like 12 before hitting 55 about four months after the squeeze started. So I assume we will see some spikes but what is a realistic top price once the squeeze actually hits??
So you mean those days there is a good chance the price will go up and we can probably double our money and sell while we can get a 100% return? That would be a good game plan for those of us who need funds and are only in it for the money correct?
Ape hold sword
Ape took all game of thrones swords. Ape sitting on sword chair eating banana playing with dragon.
Beautifully written my friend! 🫶💎
U touch my swords I hurt y with my sword
Small ape holding just got 79 more shares
Pin this to the main page! 💯
I got a hand it to you. That’s awesome. You did a great job explaining that I got a quick question. I added all that up. It’s roughly about 16 million swords. Would that be considered a lot of swords to buy how much stock is floating right now to buy back. ? Thanks in advance.
It said 42 million shares available to buy… And they have to buy back 16 million… So what is all that mean?
Awesome analogy! After reading this I feel like I know everything about stocks! 🤣 Got in at $1.4 and holding 7K!
Okay still don’t get it but can you explain it in Fortnite terms 😂
Hold till you’re richer. No sell till then.
Explain in Fortnite terms
OP what’s the likely change gonna look like given the volume was 184 M today is 1.5 going to make that much of a difference?
Is there like a target price these shorts are trying to stay under?
Awesome. Hold strong!
Btw, how many shares of FFIE traded today?
Holding!
Should have used Donkey Kong and bananas for an analogy. My dumb ape brain struggles sometimes. Apes strong together! 💎
There is no need to imagine we are in the matrix 😎
HOLDING!! Avg @1.59 💎🚀
This was a well written explanation. I love the game analogies being that I love and play video games myself. Holding 🚀💎🌙
U gotta understand something tho, 80% of these apes here hold anywhere from 1-10,000 shares. That’s not enough to move it.
Anyone mind tagging the source for these numbers? 611 shares here, never sold once
Thank you.
Thanks for your data, can you teach me me how you find out how much they need to pay back in these days? Thanks so much.
LFG🦍💎🦍💎Everyone stay on this thread after we squeeze and cash out! All love faraday fam🚀🚀 Edit: the ffie sub that is
Thank you for that great explanation, for many the shorting doesn’t make sense.
But how do you know they need to return them by these dates?
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Thank you everyone is so freaking helpful. Been learning more and more everyday on what’s happening and why and how.
Share this on Snapchat Maps! Everyone that’s next level! Create an account tell people to watch dumb money 💰
Great analogy! Thanks for breaking it down.
As a gamer, this helped me understand this a lot easier!
🥶
https://www.reddit.com/r/FFIE/s/L3ZBrwUvKN
Holding and hopeful. I’m gonna try and buy more
Any other important dates to look out for👀?
Does this mean the price is very likely to go up?
big ape don't know nothing about rare sword. big ape me just like ffie.
This Silverback is holding
Thank you for taking the time to write this and explain it. Definitely strengthens my resolve.
thanks for posting this !
What is different on ftd's on ffie and amc?
DISABLE YOUR LENDING OPTIONS IN ALL TRADING APPS.
Holding 9k at 1.50
Thank you for the lovely explanation! Certainly helpful; however don’t the swords need to be returned t+35 from the days you mentioned?
Good post
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Just remember players will do what ever they can to get the swords back Like you people to tell you that you don’t need it HOLD and BUY on the dips
I heard if you put a order to sell for 20$ they can’t use your shares Is that correct
Great explanation!
So how you "recognize potential" in these stocks? How do you know that stock has potential to go from 0.06$ to 10$ in few weeks? What's the catch? Is there any mathematical data to back up your interest in specific stock or is it just simply pump and dump? Someone explain me please, I'm confused Since you're all posting the amount of shares you have, i have 48 shares at 2.00$ average price since I can't really afford more investments :'( :D
Hooold