FTFT stock is currently trading at a low level, around $0.4670, showing a 23.8% pre-market gain recently, likely driven by speculative interest. Bulls may argue that the new CEO, Hu Li, could bring strategic transformation and international expansion, potentially improving the company's outlook. However, with weak fundamentals like Q2 2024 EPS of -$0.09 and revenue of $4.2M, the stock remains highly speculative.