Faraday Future Intelligent Electric Inc. (FFIE) has been a topic of intense discussion on Reddit forums, with users expressing a mix of skepticism and conspiracy theories about the company's stock. One user noted, "So many china-shill accounts begin posting about buying stock recently… Guess why?!?! They wanna keep price above $1 to avoid delisting." This sentiment reflects a broader concern among investors about the company's financial health and market strategies.
The Reddit community is rife with speculation about short selling and potential market manipulation. A user commented, "At least as it is, we know scumbag hedgies are paying credit card level interest on their shorts and they cannot get out of their position because those damn apes won't sell!" This highlights the ongoing tension between retail investors and perceived institutional manipulation, with some users suggesting that the company is issuing more shares to manage its financial position.
Despite the heated debates and conspiracy theories, the current price of Faraday Future Intelligent Electric Inc. (FFIE) is $1.31, reflecting a 2.96% decrease from the previous close.