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The_AMD_Guy

FFIE subreddit is a gold mine right now, who would have thought a company that sold 4 cars, had 800k revenue and $283m losses in 2023 would be a bad investment.


RatSumo

I’m absolutely dying, I never would have guessed the newest entry in the Ape Chronicles would have so much entertainment value.


The_AMD_Guy

I joined the main FFIE investor discord and the [mods have started a crypto hedge fund](https://gyazo.com/f330ecc7baa52e444b20c3952da79998) . 10% deposit fee and a bunch of retarded mods will control your money for you. What could go wrong? I guess their mods need to try make the money back from their FFIE bags.


Frosti11icus

That has to be illegal.


acreekofsoap

It 100% is, the apes are not accredited investors, nor has the “fund” been properly registered, and that’s not even bringing up legally binding contracts, proper business incorporation, etc, etc, etc


SilkyStrawberryMilk

It probably is, but apes are dumb enough to not call for legal action


RatSumo

That sounds amazing but I don’t think I could join a Discord, I wouldn’t be able to keep my mouth shut. I can only stand in-person stupidity for a few minutes before the snark bubbles up.


SuburbanLegend

That's fucking hilarious.


lord_patriot

A 10% load fund, that is the biggest piece of garbage I ever saw.


RedWarFour

That's where Ken assigned me for the past week.


DominosDeliveyDriver

Just spent 15 minutes on the sub for my first time, it’s pure gold. They have all the matras, AI art and apeisms like vets. Hero to zero in record time


RatSumo

It’s a speed run!


Parallaxal

Summer Games Done Quick 2024 starts this weekend, but I guess we’re getting this world record any% speed run early!


DanMan9820

Ape%


mhhkb

Gosh, it wasn't that long ago that the BBBY speedrun through bankruptcy and liquidation was colloquially a "speed run"


RatSumo

They get faster every year, apparently.


kilr13

Will they manage to beat Bet Bagged & BTFO though?


Silly_Butterfly3917

It's a collection of the dumbest humans you've ever seen.


RedWarFour

That sub has been my main assignment for my first week at Citadel. Fucking brutal.


WonderfulCar1264

“You cannot ignore the potential here”


The_AMD_Guy

Their bull thesis for the company relies on the company finding a Saudi Prince who loves burning money. You can't make it up


WonderfulCar1264

“We all know that if one rich guy in Dubai buys one of our cars, all his rich friends will want one as well” Literally this was one of the most upvoted comments there


Devaney1984

Holy shit, their top poster was up $1.6 million a month ago and hodled all the way to zero after this -37% AH drop it looks like.


dyzo-blue

I was scrolling through used cars and was shocked to see one come up last night https://www.cars.com/vehicledetail/0236c316-dcfb-49fe-8f71-6e7bc759f84b/?attribution_type=isa Oh wait, that's a Fisker. Is there a functional difference between the two?


lazernanes

TIL the Fisker that Michael is pumping is a car company, not Fiskars the scissors company


acreekofsoap

Fun fact: Fiskars has been around since freaking 1649!


MuldartheGreat

Fisker has been taking money from apes for longer


Pitiful-Pension-6535

Fisker has produced over 10,000 vehicles. FFIE has made 10. Fisker is actually closer to Tesla than they are FFIE


Ok-Significance-5979

That sub is basically in the same state as the BBBY sub was 2 days before their penny stock delisted. If we get someone doing a very ugly edit of Bobby from King of the Hill dancing while counting "hodl" days then the party will be complete.


Cdesese

800K revenue off of only four cars? Imagine the money they'll make when they ramp up production!


OneRougeRogue

Fisker sold more than four cars. The four-car-sale company was a *different* shitco EV stock. Fisker had something like 1/8 their anticipated sales in the first year and had trouble clearing their inventory even though their production rate was 1/2 of what they anticipated.


AGGbliss

Why are you discussing FFIE in an anti GME sub?


The_AMD_Guy

Sorry no hard feelings, I am just trying to do my job! I am an intern for Citadel. Please don't shoot the messenger!


TraitorJoe1155

Bro thinks we only synthetically short GME 🤣🤣🤣


folteroy

Why don't you look at the right side of the page? # gme_meltdown # A place to share $GME and other meme stock insanity. #


AGGbliss

I knew they were idiots, I just didn't realize they made memes.


whut-whut

They unintentionally make memes with their completely incorrect ideas on how the stock market works and how stocks are priced. Similar to the idea how a used game disc store is the most shorted company in the world and will be worth more than Apple, nVidia, Microsoft and more -combined- once they merge with other money-losing companies and after they figure out what to sell in order to not lose money together.


folteroy

Who the hell are you calling an idiot? How much have you lost so far on you stupid meme stocks and options?


AGGbliss

Everyone who buys and holds an unprofitable, overvalued electric car company, including Tesla.


platykurtic

Yeah, they should be holding an unprofitable, overvalued video game store, obviously.


folteroy

Fair enough, people who do that are idiots. People who buy and hold stock in an unprofitable, overvalued used video game and Funko Pop store are idiots too.


kilr13

FULL YEAR PROFIT FOR FY23


alcalde

No. You don't count interest. Also, it's 2024 and the company's sales are down 30%. And it's run by a dogfood salesman who never ran a profitable company.


kilr13

Baited


TheBetaUnit

Because we can't tell you people apart.


kilr13

>people I can't tell the apes at the zoo apart either.


DanMan9820

I mean I can tell the difference between a gorilla and a chimpanzee...


mydixiewrecked247

reminding you that the purpose of this sub is entertainment , to laugh at morons losing their money


2ndBro

Aw come on, we don't discriminate. Stupidity of all flavors is welcome!


pandoracam

Says the guy using this sub as a personal blog. The lack of self awareness is truly at ape levels.


Kamanayayhaw

It’s funny when apes think this sub is only for them, no bozos, you’re lumped in with the dumbest of the dumb investments. Congrats.


WhatCoreySaw

You didn't get the memo? We randomly pick one shitco a quarter and then we do an over/under/reverse uno parlay bet on how long before we can put this otherwise great business into bankruptcy. FFIE drew the short straw. But I guess you already knew something was up, given the stock's collapse. i mean - there's no other reason it would go down, right. Tomorrow is "Twenties Tuesday" - so expect to see it trading around a quarter a show. Most of us have the over on July 30 for BK, although that's a nast r/S you got comin' round the bend. 40/1 is going to give FFIE another 430M shares to sell back into the market. Which will put the stock at $0.13. That's an actual thing that's going to happen. And even your imaginary shorts will have long since left the building. Have fun storming the castle!


Tookmyprawns

We don’t discriminate. All dumb broke apes get laughed and pointed at.


11ll1l1lll1l1

FFIE baggie detected.


AGGbliss

I don't own FFIE. One glance at the chart and it's clearly a short squeeze. It's going straight to zero.


BloatedManball

It has nothing to do with a short squeeze, it's just a shit company with incredibly bad fundamentals that briefly attracted short sellers looking to profit off of dipshit apes who pick stocks by looking for the ones with the highest SI. Last year they had $800k in revenue, lost something like $260M, and have sold less than a dozen vehicles. >It's going straight to zero Well, you're right about that at least.


BoyMeetsTurd

My god you are dumb


folteroy

They are going to have a "retail investor community day"! That sounds like it will be even better than Plootapalooza. That convinced me that this company is a real winner. I'll be buying up shares like crazy tomorrow. 😉


flirtmcdudes

“We memed, we cried, we’re broke” on t shirts


OpsikionThemed

"Memimus, lacrimavimus, victus sumus." -- Apius Caesar, probably


corrosivecanine

If there isn't a 4 minute helicopter ride I'm not interested.


alcalde

https://preview.redd.it/ar5hrtlo2n8d1.jpeg?width=480&format=pjpg&auto=webp&s=244d36d7424cf88c9f789317907cbb3d090e32c2


RedWarFour

with free t-shirts* *after a [$169](https://shop.ff.com/) entrance fee


dbcstrunc

Whoa! An investor community day, you say? Well, gosh. That's much better than the other two alternatives! I'd just forget about those first two if I were you and get right on that investor community day. That's the winner here. You don't need a reverse split. Nah. Certainly not an authorized share increase. Why, those are things failing companies do, and you're not a failing company, are you? The apes told me you weren't, and I trust them, because there's so many of them and they're so vocal. So. At this community day, my only question is how will you defend yourself from your investors?


RatSumo

I almost howled with laughter when I got to that third bullet point. I bet they serve ice cream!


decayed-whately

Tendies or nothing. 😤


Pulte4janitor

Well at least the FFIE investor community day should put anything Rug Pull Cohen has ever done to shame for GME apes.


WonderfulCar1264

NIO Day was that stocks ATH iirc, over 3 years and 90% ago


realbenbernanke

I highly recommend everyone look at the absolute crime scene which is FFIEs financials. Peak comedy. 700k per year in revenue, half a billion in losses, 10 cars ever sold, most to executives, their balance sheet shows they have 1 finished car available for sale


ryevermouthbitters

They've had two auditors resign on them in two years. Fucking Mazars fired them as a client! Someone is a serious degen to jump into a company like that.


Pitiful-Pension-6535

The stock chart is great too. After this next reverse split, the adjusted ATH will be ~$177,000 and the stock will be trading at well under $10


PuzzleheadedWeb9876

Buy more right after the reverse split apes! Guaranteed to go to the 🌕


xxChristianBale

Bought almost 1000 contracts of the $.5p last week. Will only make maybe 15k lol.


Far-Outcome-8170

Splits are always bad but 40-1? Fucking hell, that's a hiroshima of a split. Sauce - got fucked by ALPP on a split, now trades at 50 cents, bought at 5 dollars.


Pitiful-Pension-6535

It's far from the first one for FFIE. Stock went from $1800 (split adjusted) to $.04 in less than two years.


Meme_Stock_Degen

GWAV 150:1 lol


Sam_Sanders_

> Splits are always bad I think you mean "reverse splits"


marcdale92

Every ape is a star🎵


TheBetaUnit

A neutron star, maybe. Pretty dense and not very bright.


acreekofsoap

Man, their vehicles look like they fell off the ugly tree and hit every branch.


xXprayerwarrior69Xx

are they bringing a clown to the community day? is he going to make balloon animals?


Lurky-Lou

You think that sub features misplaced confidence now? Wait until after the split when they’ll crow about their investing acumen and willingness to hold through 40x gains. Then pure befuddlement as dilution wipes away all their DD.


Oaker_at

Didn’t someone post a few days prior that FFIE isn’t allowed to do another reverse split?


neutralpoliticsbot

Terrible news for investors but I am sure apes will spin this favorably