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Dang sir! You need a new accountant. SMH
In $1.03 out $1.24. $7k profits. Nice
Help me fill that gap
$1.03
$20 = $6.66 billion at current share structure. Let’s pretend that share count doesn’t change dramatically (which it will) and Mullen actually delivers on their production timeline. Fisker had only produced 2000 vehicles to date when they had to stop production due to “their battery manufacturer filing bankruptcy” last fall. At that time they were at $10 billion. They currently hover around 3 billion and don’t plan to resume production until November. Bigger EV players like Rivian and Lucid are also down but still at about $30 billion. IF (big IF) Mullen even starts production of The Five a run to $20 ($6.66 billion) easily attained. Now fairytale time is over and the reality is capital needs to be raised and then to get to that magic $20 MULN would likely (but not likely) have a $12-$15 billion mkt cap.
Pretending is hard
Oh Geez lol. You think he sold $1.3 million of His shares over the past few months to pay salary?! SMH $65 million in cash or cash equivalents LOL
There’s this not so altruistic notion that if everyone holds on to their shares everyone wins on this “war” against the shorts. People will tell you to hold because it’s going much higher with the gamma squeeze. Those who flip will always have timely entries and will no doubt make really good money but the majority of fish on here will always hold bags wanting more while others profit off their gullibility. Take profits when their given. Always have an exit. Retail is not the savior. Merely a pawn.
$20 Is all anyone’s position will be worth if they keep HOLDING this one
Not a chance it holds a dollar. It’s not just the shorts anymore. Folks are getting wise and just aren’t holding bags like you’d want them to and they’re selling the news as they should. Fool me once…you know the rest
Better be scrambling to find a Fortune 500 company to build vans for. I don’t believe there ever was one. By the end of Q2 there will be no announcement. Van production will be “delayed” due to some BS. This in turn will be the reason supposed F500 company will not want to reveal itself or claims they backed out of the deal all together. Simple for the simplest
As the kids say….FACTS
Don’t look now…
What does a 124000 sq ft manufacturing facility on 100 acres in Tunica, MS go for these days? Asking for a friend
Might throw a line in the water and load a few down here. Who knows they may just have a decent report tomorrow. Couldn’t hurt. Nothing else seems to be making money in this market right now. Here’s to fishful thinking
No thanks. I made my exit. GL to all.
The next we hear anything that might actually move this it’ll be trying head back up to $1.
IF they meet the financial requirements which IMO they currently do not it would likely be end of 2022 or even into 2023 before that loan closes.
- Applicant must provide reasonable prospect of repayment
- In addition applicant must demonstrate that it has sufficient funds to carry out the project and not dependent on other federal support
FYI- Since the start of this program only five companies have received this loan out of hundreds of applicants. Tesla, Nissan, Ford, Fisker and the Vehicle Production Group. Fisker and VPG have defaulted on their loans while Tesla and Nissan have paid back in full.
I wouldn’t count on it. Just another straw to grasp and hold on to while company dilutes you to death. Be warned and wary!
JMHO
It’s me. I’m Dave!
So I invested in this stock T DOC after ipo came down to under $10. Scooping up thousands of shares because a bird told me this is the future of medicine. Made out great over the next year. Spring 2020 hits and I’m out of everything. Closed out EVERYTHING! May rolls around I load up on airlines, S Q and R OKU. I bought fear!! Moral of the story is I never bought back T. DOC. My best friend bought T DOC in the hype of COVID @$200. Told him not to. The play was over. He’s averaged down a lot lately in the $60-$70 range. Look what happened today. He lost 40% of everything. Thought telemedicine isn’t going anywhere so as long as I average down at least when it rebounds I’ll be in the money. -40% today on dismal projections. Holding bags for a long time sucks. Happens in otc or nasdaq. Have an exit strategy. Always be ready
You’ll be good. Some people read everything some just don’t like to read enough
Why not reach out to NexTech? So much focus lately on phone numbers and Mullen IR. Why no one calling companies Mullen “partners” with? Might just run into a he said she said.
I don’t know…I don’t know if there’s enough time!
Needs volume. LOTS of volume
Shows good initiative. Call em up! Force that inbox is full message. You’ve the right to know certain things. Mullen is well aware that their social media sentiment is pretty deep in the dumps. Likely a put up or shut up moment. Been pretty quiet lately
You are the 5% correct. Still at LEAST a hundred messages a day to Mullen Automotive from the 5% of Smilin Bs out there.
I can only assume as many as hundreds of other Smilin B holders? I don’t know. Uber driver the other day told how he’s been trading MULN volatility. Just saying there’s ALOT of you. Not necessarily a bad thing for MULN.
IMHO
I remember that day well. I had been out of the play for a minute and heard about the benzinga interview on THIS board just 15 minutes before. Bought a few shares and watched it fly. Sold the next afternoon for a nice little profit. I normally don’t like to share this stuff but I did take a screenshot that evening to send my son at school. (We have a friendly competition ) Contrary to popular hopes and dreams I don’t short this stock. Just make plays. Full disclosure I picked up a few at $1.20 again this morning. I’ll probably take profits again $1.60-80. I will take my losses at $1.15
Better hope there’s a ton of volume that goes along with breaking that 50 day. If there is volume like there was a month or so ago this could see a nice breakout up to somewhere in the neighborhood of $2 or so. Otherwise this hits crazy resistance $1.50-1.60 and you know where this is going. To be clear it’s going there anyway but at least if you get volume for a few days you can make a nice 30-40% before the fall. Just an opinion from a little nobody like me.
LMAO! And that theydies and gentlethem is how file an actual lawsuit against a company SMH
Is this the start of a run? There will be no more downside? All I see is a Green Day.
LOL. If this dumps in the morning he will probably tell you he sold AH or premarket. Probably at 4am because he can! Now that I mention it tho I forgot he’s an investor now so only averaging down into oblivion lol
I mean you are a pretty amazing and influential guy but that job posting along with a couple others was on indeed days ago. I’ve been watching for a while looking for dozens of not hundreds of job postings in the Tunica or even Brea area.
Over 24 countries?! Whaaaat?! Tomorrow we fly!
Tell me about just one of the patents. Please
Seriously. A guy can’t have an opinion these days. If you want a link I can send you a link to more opinions. SMH
“If it drops below the $1 per share mark, it may end up having to reverse-split. A reverse-split could result in more downward pressure from the short side.”
https://investorplace.com/2022/04/muln-stock-battery-news-doing-little-to-recharge-excitement/
Not a lie…
Just my opinion. Can we still have those?
Sry…r/s coming imho
r/s coming
Care to enlighten us all on these patents? Do you know any details at all of the filed patents?? When and how long have they been pending? How many are utility vs design? Has a notice of allowance been issued on any of them? You seem to know so much about these things. Here’s a little extra you probably already know. Every company on this list has minimum 100-300 patents filed each on THEIR solid state battery technology.
Just to name a few…
Brightvolt,
QuantumScape,
Solid Power,
Toyota Motor Corporation,
Samsung Sdi,
LG Chem,
llika,
Ioniq Materials,
Northvolt,
Cymbet,
General Motors,
Renault Group,
Stellantis N.V.,
Kia Motors,
Mitsubishi Motors,
Volkswagen Ag,
Ford Motor Company,
Byd,
Hyundai Group,
Sk Innovation,
Dyson,
Prieto Battery,
Storedot,
Honorable mention to Prologium Technology who just inked a deal with TESLA coincidentally a few months ago.
List keeps going and going and going and going.
Due Diligence
Sure we all know you make mad excellent trades. Why not use the sick skills to trade a few shares and add ridiculous long term value with even more shares to that mad stack! Just can’t grasp why all of a sudden Smilin’s cool holding long heavy bags
Well said
Hey now let’s be civil Smilin. I’m just saying 2 weeks ago you would’ve loved these intraday swings. 20k shares would make you thousands a day. On a red day!!! Now you say you’re not trading this because you want to be ready when news hits?? That big PR gonna hit in the middle of a session? I figured a seasoned trader such as yourself would be able to hold a core position and flip shares at the same time. I’m just trying to understand