Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Some keep asking about "R/S" so here is a little education. Just some reading for thoes who don't know. Plus look at the area "Other Rules" gives a blurb on how many times a company can do an "R/S". Enjoy.
https://budgeting.thenest.com/reverse-stock-split-rules-22480.html
My brokerage now shows the bid ask 1.57 to 1.60 in the AF market.
MULN
MULLEN AUTOMOTIVE, INC.
$1.50 | +tick
0.03 (2.04%)
Bid / Ask
$1.58 / $1.60
Lots
2 / 475
Open
$1.47
High / Low
$1.53 / $1.42
Volume
18,614,282
As of 05 May 2023, 06:59:58 p.m. ET
U.S. price data provided by NASDAQ.
after all is calculated and done I am at 2800 shares and down 1180 at this time so will watch and see.
they couldn't have updated their system yet. Will definitly look at it again in the morning. Lol
obvisouly you didn't read it. it stated LOL and did you read what was at the right side beside alerts that is why the LOL.
LOL...https://stocktwits.com/symbol/MULN read the top line beside alerts.
Now that I would have loved to hear before the RS. LOL.
Sometimes after the R/S the stocks gives a couple dead cat bounces before dropping further. I hope it works out for you just be carefull and watch what is happening.
Well closed for today, down 570.00 and down 67200 shares when it reopens after the R/S. So with 2800 shares remaining we will watch and see. Like others I believe it will continue down at the start but who knows maybe start heading back up...will wait and see. Whole point of being in this for me was the chance to have it get back to 1.00 while I was holding 70000 to 100000 shares but now 2800 X by whatever the sp price will be is a far cry from the 70000. Time to look for something else in the mean time.
Good luck to all and I hope things work out in your favours.
( who knows maybe if it drops down again to 0.10 I will rebuy the shares. LOL )
Finnaly someone who understands shorting of a stock. You are absolutly correct, it has no power to beat anything down.
cheers
Well that's it for today, unless after and pre market are good / bad...to us. Will stay tuned to this channel for more as the world turns. Or in this case stomach turns. My B/E is 0.0721.
Good luck to all.
PS...
No it hasn't always been this way in THIS Ticker. I was loosing alot but worked to get it where it is now. So if I can do it others can too. Still have 70000 shares didn't get any more yesterday or today. Will be looking for opportunity tomorrow morning. To buy without incurring any more cost to myself. Sell high buy low. Buy in 10000 share blocks. (while they are still cheep).
Now I am glad I didn't play the sell high and buy low game for more shares today. I didn't miss this little up run.
He doesn't need bodyguards. He has all those shares etc. that he uses as body armour. LOL Why he looks so big. LOL
LOL...that believe it or not is where I just bought back in at 60000 shares at 0.0666. What can I say "The devil Made Me Do It." Loved Flip Wilson. LOL
Sorry mate, I am not the person to ask for that info. I cannot advise one way or the other. If you read this board, the general consensus is it's going nowhere unless the CEO is replaced or there is a R/S. Then it may go up or not. Personally...I am playing a long shot with relatively small amount of funds invested. I continue to increase the amount of shares without infusing any more funds into it. Therefore If it goes up WITH OUT a R/S I stand to make a lot of money, good win for me but if it dies...I won't be out much if any and it won't matter to me. If you are looking for a long shot investment...congrats you found one. If you are looking for an actual investment for the long term...you may have found one I would advise you sit and watch for now before buying in...If you are looking for a quick money maker...you may want to look elsewhere.
Good Luck.
Managed to pick up another 10000 shares this am after the drop to 0.076 where I got them. Closer to the 100000 than I thought I would get in this short period of time. Problem is now I need a new latch to hold the lid on the compost bin I hold these in as the smell is getting stronger. (worse) But I will keep doing as I am as long as it isn't costing me any more cash. LOL
Good Luck to all.
Now the .08 is resistance, see how long it takes to break thru if possible.
Looks like it is really hammering the .08 trying to breakthru into .07's.
I agree with that for sure. It might have been better if he somehow could have kept his name out of it but then that wouldn't have been ethical. At least we know what we are up against so no surprises and we can trade accordingly. All we can do is our best DD, and hope the spots on this cat have changed for the better. Can't sit on the stern of the yacht or beach of a high class private resort sipping margaritas if you have to worry who is watching you or serving you the drinks because you screwed them over in the markets. LOL
This is always nice to see and hear about...big boys playing the long odds. Helps you to realise there could be much more here than we see ourselves. They usually are prepared and capable ( imp part: CAPABLE ) of holding long term if it should go against them for awhile. Think of other start up's then look at how long and who was invested in them. Makes the wait a little easier to handle. Nothing happens over night for this type of investment. But everyone is looking for something other than internal combustion. So who knows. It is worth it for me though.
That they did. There are other ways they could have gone and everyone would have been making a little. But I guess he is focused on a bigger picture. What Not sure.
I certainly think it will. Just how high is the question. Either way I want to be ready and will keep adding as it allows. Free shares is what I want. Lol they are the best kind LOL just ask David Michery, LOL.
Lol, I really don't care if it does, it just means I get more shares before a R/S. Cheap to. As I said, I am not adding any money to this just selling and rebuying lower and not frivolously spending on other things but buying more shares. So all it has cost me is the time it takes to sell and rebuy. 10000 shares at a time no less. And yes sometimes it means I have to sell 2 maybe 3 times to get what is needed to buy 10000 at a time. But now that isn't the case either, selling 50000 at any price if the sp drops a full penny is 500 dollars soon if sp continues, that means if drops by the 1 full penny I get 10000 shares. It works out good not to mention I am never down more that 1000. At any time. Just a couple of pennies. LOL.
Always how to play, sold early this AM and rebought including 10000 more shares at no cost to me as I used the funds made when I sold, sp dropped which means I made money and reinvested by buying back the 40000 I sold kept 10000 incase it jumped and added 10000 more so now I hold 60000 without adding any more personal funds to it. Will be trying at open tomorrow to repeat and get more shares. Almost back in the green again.
Good Luck to all and hopefully it takes off soon. (within next 8 months would be good)
Back in the green again now. Will hope tomorrow will not be a typical Friday where everyone wants out cause they don't like to hold stocks over the weekend. Could be a nice up for a welcome change.
Back to the low from 28th Mar.
You should never trade with more than you can afford to lose. Betting ( which this is ) the retirement or mortgage money, is never a good thing. If Mulan goes up great, if not, you want to be able to survive and find something else to trade. That is a rule in trading followed by most.
You know that is a very good question in the sense every EV with the lithium batteries, should be equipped with a fire extinguisher due to the hazards associated with a EV car fire. Also a very good idea my man. I wonder if it is already a requirement or if it could become one??? Interesting.
I haven't seen anyone say a RS won't or can't happen have you? I see a lot of people hoping it won't but it is definitely one of the tools that can be used to keep a stock alive. I still see money to be made if you know what you are doing instead of wasting your time in negativity.
I can go for that...in fact I would love to see it happen SOON. Anything that could get this up to 1.00 land WITHOUT a RS. Would be a welcome sight.
Good Luck to us both. (all)
Anyone see this getting back to 0.101 without a RS? Cause that is where I am sitting now that I managed to average down my 50,000 shares cost to. Still hoping to get to 100,000 plus before it goes back to 1.00 land IF IT CAN GET THERE. Don't mind if it gets lower as long as I can keep averaging down along with it so I am not more that a couple (2) cents ( $1,000 ) lower than the share cost when I last averaged down. This is HOPEFULLY going to go in the favor of the holders eventually (more sooner than later). Either case best of luck to all who are holding and please, go away to the mouth pieces that say they hold nothing but are here to save us. We don't require it.
Is Hindenburg Research trustworthy?
Hindenburg Research is not a legitimate research and investigative company. Instead, it is a short-selling looter that profits through unethical securities fraud. The company is under investigation by the FBI and has many flaws, including a lack of transparency about its origin and financial reports.Feb 13, 2023
https://www.google.com/search?rlz=1C1CHBF_enCA994CA994&sxsrf=APwXEdckBnJpJx7l75So6mE1qd13suOHgw:1680119209017&q=Is+Hindenburg+Research+trustworthy%3F&sa=X&ved=2ahUKEwib0Yjl84H-AhU_j4kEHXfSBkgQzmd6BAgTEAY&biw=1346&bih=763&dpr=1.25
If nothing else, hang on to some dry powder. If it does drop that far there might be a couple dead cat bounces. Just keep watching and pay attention remember, this is risky now, but if it starts doing the DCB that will be alot worse. Money to be made but could be costlier.
Enjoy.
Remember, this msg. say's couple of years not couple of days or months. Trade accordingly this is for long term "if" it works out, not a short term millionaire maker. This may continue down and right now I am down over 3,000 but that is nothing compared to what I was down before averaging my pos. I guarantee, by the time this gets to the point it is no longer trading, I will have broke even or made a little bit. But it will take work. Boring stuff I know but better that losing the farm.
Good luck all and enjoy the challenge.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171311793
Looks to be trying to get back to 0.18's. Hopefully it doesn't go lower could start a water fall down.
man looking at my chart ( 1 day 1 min ) just for the heck of it. Looks like someone should be calling for or using paddles to shock and resuscitate this puppy. LOL
Talk about flat lining.
Maybe it needs a longer extension cord.../
Quick...someone run out and buy some Red Bull..../ LOL might Help.
Not sure where the bottom will be but I've put in a buy at .80
Depending on how fast it falls that is where I am at.