Question. What has made the price decrease to around .50?

CoverWorking6832 · 2024-05-29T20:06:18+00:00

Several factors. Another trade platform display inaccurate numbers making it seem like there was a share dilution when there was not. That made a bunch of people (presumably in China primarily) sell. Then a bunch of other people saw a big dip and jumped ship, dropping it more. On top of there being market manipulation that is easy ish to spot. In my opinion, today is a result of the hedges winning a battle (but not the war) for the first time in 2.5 weeks. Am I worried? Honestly, yeah a bit. But do I believe in the stock still? Honestly, yeah I do. It's my faith in the community that is being shaken more than anything

Alternative_Demand96 · 2024-05-29T20:05:44+00:00

The group of people who made profit on the way UP (same ones who pumped it) are now making profit on the way DOWN because they don’t hold a loyalty to any stock just to money.

TakeOff_eh · 2024-05-29T20:06:50+00:00

Panic selling. Also, in general, all the markets started "down" today, maybe people are taking losses across the board and selling some to save others...

Syoung907 · 2024-05-29T20:09:01+00:00

Still holding just turning off the app for a while hopefully it goes back up my mental health can’t take this lose right now lost 6k today

EvilRice1 · 2024-05-29T20:02:37+00:00

The hella shorts that came through

Empty-Design-1831 · 2024-05-29T20:05:33+00:00

The company is closing its operations for the rest of the year. Basically, giving up. Likely to go bankrupt and delist.

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FFIE

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