$Faraday Future Intelligent Electric Inc.(FFIE.US$ FFIE. Really important news !!! Read this! Big spike coming soon
FINRA Short Sale Volume
Hey Guys,
The short volume traded today was crazy! 201,923,987 according to FINRA (most reliable information source). To put it in perspective yesterday was 98,541,970 and in May 17th (the day of the supposed tiny short squeeze) it was 50,724,900. These hedges are in big trouble!
You can check it out here:
Filter it with FFIE symbol.
Tomorr...
FINRA Short Sale Volume
Hey Guys,
The short volume traded today was crazy! 201,923,987 according to FINRA (most reliable information source). To put it in perspective yesterday was 98,541,970 and in May 17th (the day of the supposed tiny short squeeze) it was 50,724,900. These hedges are in big trouble!
You can check it out here:
Filter it with FFIE symbol.
Tomorr...
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$Faraday Future Intelligent Electric Inc.(FFIE.US$ Hello everyone, we would like to clarify and communicate about major doubts and misunderstandings from retail investors, media misinterpretations, and guidance from malicious shorting agencies after the release of FF's 2023 earnings report yesterday.
1. Why did the stock trading software show that FF's total share capital increased tenfold overnight?
Regarding the increase in the total share capital of FF from more than 40 million shares to more than 400 million shares, the technical reason is that due to delays in the publication of the annual report, FF did not disclose the updated share capital in the nearly 5 months from the shareholders' meeting documents at the beginning of this year until the publication of the annual report yesterday, so the brokerage platform was unable to update the latest data, causing everyone to misunderstand that the stock was “diluted tenfold overnight.”
In fact, these shares have all been gradually issued in multiple batches over the past four months. In fact, there has been no change in the number of shares held by everyone, the market value of shares held, and the proportion of shares held before and after the publication of the annual report.
2. Who are most of these shares issued to? Why are these shares being issued?
As of May 10 this year, the company's total tradable shares have reached nearly 400 million, and most of them have been distributed to the original institutional investors (specifically those that participated in this year's increase). Most of the financing corresponding to these share transfers is convertible bonds that they invested at least six months before the share conversion, and the company has also made relevant general disclosures before.
Everyone knows that in the past...
1. Why did the stock trading software show that FF's total share capital increased tenfold overnight?
Regarding the increase in the total share capital of FF from more than 40 million shares to more than 400 million shares, the technical reason is that due to delays in the publication of the annual report, FF did not disclose the updated share capital in the nearly 5 months from the shareholders' meeting documents at the beginning of this year until the publication of the annual report yesterday, so the brokerage platform was unable to update the latest data, causing everyone to misunderstand that the stock was “diluted tenfold overnight.”
In fact, these shares have all been gradually issued in multiple batches over the past four months. In fact, there has been no change in the number of shares held by everyone, the market value of shares held, and the proportion of shares held before and after the publication of the annual report.
2. Who are most of these shares issued to? Why are these shares being issued?
As of May 10 this year, the company's total tradable shares have reached nearly 400 million, and most of them have been distributed to the original institutional investors (specifically those that participated in this year's increase). Most of the financing corresponding to these share transfers is convertible bonds that they invested at least six months before the share conversion, and the company has also made relevant general disclosures before.
Everyone knows that in the past...
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Why aren't there any announcements here
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