How a Bunch of Imbeciles Created the FFIE Meme Stock Cult | Dank Trades
Video Overview & Insights
Faraday Future Intelligent Electric (FFIE) is a horrible investment, but a small group of Redditors created a cult around the stock. Bagholders are left grasping at straws to find a reason to stay bullish, but there is nothing to be had. Let this be both a cautionary tale and a fun laugh for those who didn't get duped.
Beer and memes in the fridge on Discord: https://discord.gg/d4WNsTw
Patreon has my portfolio updates and great not-financial-advice: https://patreon.com/kamikazecash
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It boggles me that apes never understood that if there are over a BILLION shares of a stock in the market, that stock going up to $4000 per share does not make sense. Gosh.
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When you're too deranged, even for Roaring Kitty fans.
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I bought 50 cent strike calls on this when it was at 40 cents. I sold for a 100% gain but I could've made 20000% if I held.
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It's happening again. π
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00:00 The Genesis of Meme Stocks
Itβs funny I didnβt even know about Reddit at the time of this and turn 30$ to like 200$ wish I knew
01:20 How FFIE Went Insane
14:26 How the Cult Created Bagholders
i came back to rewatch this, the video is so well made
21:55 The Ultimate Betrayal
I love how you emphasize how many times these people showed that they either truly did not know what they were talking about or were grifting
More User Perspectives
I bought at 14 cents and sold at 2.14
@spikevalorif itβs good enough to screenshot itβs good enough to sell π€¦πΎββοΈ
@BabaWaitGoMashallah! π π
@fitnesspoint2006dont invest in anything below 5 rocket emojis
@lakatosjurajLegend is a Legend.
@B.V.Luminousdude the editing on this video is hilarious with all the characters in the story represented as Avengers/POTA characters
@ComfortableTool86Please never stop doing these videos. Everything from the research to the editing was top-notch! This video was ficking amazing, and im looking forward to many more!
@noremac387mashallah
@pyrotechnick420I bought in at 0.07 cents but I wasn't taking it seriously so I only threw like $50 bucks at it. Missed out on some rocketship returns
@pyrotechnick420My friend just started investing and I show him these videos to teach him to have a sell number before he buys.
@nicholasarmstrong8349My buddy made $20k on it I made around 2k. He got options I didnβt.
@barackobama6965Groups like this tried to do it before Roaring Kitty and Gamestop as well. I remember some gorilla glass company that was going to get an Apple deal and than that fell through. It was all over the Yahoo Finance boards, where this stuff usually dwells. Some guy mortgaged his house and put his mom's life savings into it as well only to lose it all. That's gambling, not investing. It might be fun to watch and amazing if you suddenly wake up rich, but that's not really how to get rich. Life isn't a lottery like that. Stay strong in 2025!
@jebvillaFFIE to the Moon!!!! πππ¦ππ¦§π΅πππ«
@benjamingustafson6022It was probably not even a woman lol
@miscojones35basically happening again with all the Quantum computing stocks.
@UncleDraxxGreatest moment in their life, but for a Solana crypto degenerate gambler it is merely a tuesday.
@javier.alvarez764I rode the train and made couple bucks. good times lol
@balaotyrpartadaHey tbh I made 10k off $150. Off this trade.
@Tyl0rGamesthey are still at it
@oddlyspecificbaseballWhat a Legend...
@thelegacyofgaming2928LolπI was part of it same time GME and AMC this year cuz I missed the GME hype first time π€¦ all good won calls to make up but FFIE pump dump
@iftak01I can't believe I've just seen mc fraz in a kamikaze YouTube vid π€£ iykyk
@DJmodZz1This new breed of trader is insane. If you try to give them advice they just accuse you of being a hedge fund shill and tell you to delete yourself.
@MrQuijiboinsiders. It always is.
@Vakator-29The good ole days of the meme runs πππππ
@Vakator-29The idea of a short ladder attack is a conspiracy theory that hedge funds trade the shares at lower prices on the market and then credit each other for the difference outside the market.
This if true would allow them to trade the stocks for no loss or gain but still manipulate the market.
people are so stupid sometimes not doing their own dd.lazy pieces of
@ilzium8210People who tell you when to buy and when to sell really dont have your own interests at heart.
@RageOfAThousandSunsYour editing is so funny, one could even sayβ whimsical π I just got into my newest obsession that is the topic of meme stock, and the whole psychology behind it. You're a great source of comedy.
@AamuAuroradamn this one i didnt noticed this stock passed by me
@TheYaqmax lol
@RhzerrI got out and it pumped πͺ
@superiarecordsI had a friend who attended church every sunday and all of a sudden he tells me his priest has been talking about specific stocks or crypto in his sermons. The priest then started to convince the church attendees to invest as well to "get the wealth they deserve by god"
@spidercat2841no not only lrgend who gained in this game, many more participants gained a lot otherwise the stock price would not lose its value, the money simply change hands one's lose is someone else's gain.
@qwaszxerdfcvtyghvbIf im up 1.5 million you people wouldnt see me again, instantly retire
@GURGLENUTSI love how you repeat "unspecified hedgefunds" over and over
@jackoneil1000