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BABA StockPro$Faraday Future Intelligent Electric(FFAI.US)$Faraday Future Intelligent Electric(FFIE.US) About a year ago, I said Faraday Future was a major naive investor magnet, and a bunch of trolls showed up. A year later, I can see a few things clearly again.
1. Mr. Jia's car-making is still just PPT; no mass-produced vehicles have been seen yet. Sentiment can only fool those who don't know better. The key is that there are always people in the world who get fooled by him.
2. Faraday Future has no car-making technology whatsoever, no R&D spending has been seen, but I've seen many paid trolls already invested in public social media, and the PR accounts of a few brokerages are maintained so well—all positive and upbeat news.
3. A year has passed, and the stock is basically defined as a junk stock. I don't know if they still have a marketing budget. Personally, I say this is a junk stock, and I wonder if there will still be trolls and haters coming. Last year, when there were a bunch, I did suspect it was all part of Faraday Future's marketing budget.
$Faraday Future Intelligent Electric(FFAI.US) The familiar naive investor, five days ago a bunch of idiots said I didn't understand, Faraday has a future. I just started from an objective point of view, explaining that car manufacturing is a hands-on job, the complexity of which is beyond imagination, requiring rigorous scientific thinking to accomplish, not just PPT and dreams. Five days have passed, and without any substantial progress, it's hard to support the stock price. So I'm wondering whether the bunch of idiots five days ago were real naive investors or paid trolls hired by some brand to attract naive investors. Nowadays, it's hard to distinguish between real information and paid trolls in the internet information war. As usual, I'll summarize my view in the end: I'm bearish on Faraday's stock price because it hasn't provided strong evidence that it's on the right path in car manufacturing. Personally, I won't engage in put options on this stock because I think such a low-priced stock isn't worth the transaction fees. If there's a big rise later, don't come to argue, it's purely speculation. Let's see the ups and downs over time.
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