FFAI has positive news after positive news. Buy rating, hosting at a built in the USA conference, so much positive news and just had the latest rating of $66, which is like 2,000% what it is today. The float isn't huge there is 50% of the shares shorted, 80% interest on the shares
But....
Faraday has a long history of mistakes and poor management and so I wonder is everyone just staying away because if oast experiences? Burnt too many bridges?
I know it used to be on the radar here in the FFEI days
I just genuinely expect a run up and instead every positive news it reaches a new low. All signs to stay away except man a guy can get in cheap and if it goes anywhere near the stock price rating in the next 5 years be a pretty good thing. But every time I think a catalyst hits it just goes down, so many positive news announcements (they got a distributor in all 50 states) and the price drops...manipulated a plenty I'm sure but how can retail win?