it can certainly go to .0001
Faraday Future Intelligent Electric (NASDAQ:FFIE) – Financially struggling Faraday Future aims to raise $90 million through a stock offering. CEO Matthias Aydt has expressed intentions to improve liquidity and resolve supply chain and governance issues.
Scumbags, lets hope they burn in hell, an their fake company ends soon so they cant steal anymore money, SEC sucks, they know an are all in on it, scumbags they are to
OFFERING!!! Bwahahahaha our NAKED SHORTS made us RICH! go tell the SEC…they’re on OUR SIDE bwahahaha
yehp, look at the 3 month chart.
i guess R/S has happened already. and todays price is post split.
1-for-80 reverse stock split
The effective time of the reverse stock split will be 5:00 p.m. ET on August 25, 2023. The Company’s common stock will begin trading on a split-adjusted basis commencing upon market open on August 28, 2023.
LOS ANGELES, August 25, 2023-
Faraday Future Announces Reverse Stock Split and Authorized Share Reduction
Faraday Future Finally Delivers First Production-Spec FF 91 Electric SUV
Five years after production was originally supposed to begin, the $309,000, 1050-hp Faraday Future FF 91 is ready for the public
Aug 15, 2023
May 31, 2023
On March 29, 2023, Faraday Future started production of the FF 91 Futurist Alliance at its FF ieFactory located in Hanford, California. The FF 91 Futurist is the company's first production vehicle and flagship model that is expected to be offered in both the U.S. and China markets.
On April 14, 2023, Faraday Future announced the completion of its first production build vehicle, FF 91 Futurist, coming off its production line at its FF ieFactory located in Hanford, California.
On June 8, Faraday Future announced the first three owners of the FF 91 Futurist: Rem D Koolhaas, Jason Oppenheim, and Private Collection Motors.
It's difficult to determine bottoms in this market.
This bit of news seems pretty darn bullish.
$10 seems reasonable.
3.995 Faraday Future Announces Management Stock Purchase Plan
September 21, 2023
Faraday Future Intelligent Electric Inc
Day Range: 3.71 - 4.34
Last Trade Time: 12:43:58 PM EDT
Relentless DUMPING here.