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Started By
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MULN. Anyone have any good insight
Posted on 10/27/22 at 6:12 am
Posted on 10/27/22 at 6:12 am
Another EV company. Someone was talking about it and they seemed very high on it. I looked around on the internet briefly, looks like they doing a tour in the US. Shares are between 0.50-0.60 at the moment.
Posted on 10/27/22 at 7:10 am to SuperD AP
Looks to me like the bottom feeders have already loaded up on shares. They will unload and bag even more people.
Eta: I have no position,juwt looking at the charts.
Eta: I have no position,juwt looking at the charts.
This post was edited on 10/27/22 at 7:11 am
Posted on 10/27/22 at 7:24 am to SuperD AP
I got some shares
It’s been going down for months
It’s been going down for months
Posted on 10/27/22 at 8:48 am to SuperD AP
Another one of those meme stocks getting rich on the retail investor.
Company is vaporware, would not touch it
Company is vaporware, would not touch it
Posted on 10/27/22 at 11:23 am to UltimaParadox
Thanks for the replies. It seems like another pump and dump or what not. I had a real red flag moment today when the same guy said it will surpass tesla
Posted on 10/27/22 at 11:33 am to SuperD AP
quote:
It seems like another pump and dump or what not. I had a real red flag moment today when the same guy said it will surpass tesla
He is only down 93% YoY, guessing those bags are getting heavy. He wants you to help carry them
Posted on 10/27/22 at 5:09 pm to UltimaParadox
I used to browse the Yahoo stock boards and always got a kick out of the pump & dumpers on there. And a few weeks (or days) after they got some bites, you’d never see them again. Then the crying would begin from the bag holders when the bottom fell out.
Posted on 10/28/22 at 7:30 am to SuperD AP
quote:
Another EV company. Someone was talking about it and they seemed very high on it. I looked around on the internet briefly, looks like they doing a tour in the US. Shares are between 0.50-0.60 at the moment.
They have been doing a stock dilution tour all year. On the surface, they do seem to be applying that capital in a manner that could lead to something in the long run but likely a longshot. I believe the float is pushing 1 billion at this point. I'm not great at understanding all the different forms of dilution, but I think they just approved another 900 million shares to enter the float. Mostly from previous investors that have likely been selling into this pump.
https://investorplace.com/2022/10/mullen-is-getting-ready-to-resell-900-million-shares-of-muln-stock/
This post was edited on 10/28/22 at 7:34 am
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