Faraday Future Intelligent Electric Inc (FFIE)

[hole-in-one]

Any reverse here will kill it. They always come up with we have to reverse it to stay on nasdaq. No one wants to have 1/40th of their shares only to have the stock fall way under a dollar again. It never stays up because people lose faith in a company that keeps splitting and throws a ton of shares back into the mix. Only to drive it down further. If this splits, ffie will be lucky to trade 100,000 shares a day and most will be sells to get the hell out. 90% of reverses are done to bilk shareholders and come back with fluff to have them buy more, only to lose again. Sad but so very true. They needs to get contracts assigned and not worry so much about putting lipstick on a pig. I would rather have them get delisted than to split. At least I wouldn’t lose another 40% of my investment.