If ree is going down to zero, You guys are all going to be millionaires... Wow. I say you guys will get fleeced when the bad boys pushes ree to 20, then 25. Everyone knows that stock price can be distorted for long period of time. Just ask those who shorted bidu.
I understand your being defensive as you're long. Consider that due to a lack of inventory, most shorts are positioned via being long puts and have a fixed cost, whereas longs own the stock outright and at much greater cost (margin, more capital at risk). If I lose on my puts, I have a fixed loss, but longs are holding shares on margin, and, well, all I can say is I wouldn't want to have all my capital up in something so speculative as REE...too much risk!!! Yet, there are those that are in this with their life savings saying to themselves, "This is the one, I deserve it. I'm gonna final hit it big." only to lose it all. Sad.
That something like this could be pulled off in this day and age is just amazing! It just goes to show you the power of the financial media to make companies--most investors are sheep/lemmings just waiting to be told what to do. As you reference, even the tiniest bit of DD shows that this, at best, is the Winnie Wong Chocolate Factory! And still, folks keep buying their Golden Tickets thinking they are going to win! Really something to behold.