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Why the run-up at 11:45 EST ? News?
How does a stock with all that this one supposedly has going for it drop 50% in a matter of about 3 weeks? That has happened here and that's after a R/S of 1 for 25. What kind of CEO would do that to their shareholders?
What good is $23 if you only have 9 shares after the next R/S?
Lonewolf1, The timing for these incidents will be?
Absolutely incredible. We are down 41% since the R/S. Can you believe that? He screwed is twice in about 3 weeks. He needs to leave or go want to or not. There has to be a way of relieving him. If there is another R/S like that last one I will end up with 9 shares. What the hell good is that to anyone?
Make the company much more attractive to buy. Start a stock buy back. Buy another company that makes MULN worth considerably more than it is now. Start manufacturing process now. If all that doesn't work, go out prospecting for gold and convert it to cash.
This is not a CEO that is concerned about the shareholders. In the last 52 weeks the stock has fallen from $42 to $1.04. I think he is working with the shorts imo.
The problem with that is that current stockholders will have been reverse split out of all their shares by 2025.
I only have 233 shares now. My avg. cost is $3.74, a long way from $1.16. My problem is I jumped in to early. Started avg down from .27 pre-split all the way down to .07 pre-split, hoping for a run like a few months ago.
Because when we did the r/s to $1.60 I was hoping had seen the end of this BS downward spiral. However, I was wrong to think that way and we are all witnessing a continuous drop with what looks like under $1 destination and I for one am sick of it.
Like I said earlier this week, I hope I'm wrong but I can see this back under a $1 by the end of this week.
What would be the price expectations if a squeeze were to happen?
One of the reasons there is a lack of confidence is they are not manufacturing anything yet. When that happens things will be different I think.
I would think MULN is going to have to show production of vehicles that are road ready and push them through the pipeline before anyone is going to buy MULN.
Because I already hate people that short stocks. They are idiots.
That's been said for a year already. Never seems to happen though.
How can that happen when in a couple of months I will be down to one share? You don't think he is not going to R/S this again? Ha!!
How do you trade this when your always selling at a loss? Then you have to wait 30 days to re-buy. Then its lower than when you sold it last time. The cycle never ends. Just keeps going down.
danr1, why buy any MULN. Use one's brain and buy some thing else. I only have a small investment here. However, its how we are being treated that has me upset.
We could be flirting with $1 come a week from now or less. Isn't that a nice thought? I"m not buying anymore stock and I'm not supporting his games anymore.
The problem is our ceo isn't working with us. It's not a one way street. I
thought he was smarter than that. To sell more shares he needs to make it so the stock is tradable, up and down and up again. Always going in the same direction there is no hope to win and gain here.
So now we are down .30 since the split. How many days have we ended green in spite of good news? Isn't all these questions concerning to longs? Anyone see any videio's of manufacturing in operation with workers doing things that resemble manufacturing a vehicle? Oh, and we are .29 cents from going under a dollar already.
If anything goes wrong I always blame shorty. Shorty has no brain an can do no DD and relies on longs to find good stocks. They are worthless to the investment system.
As soon as the market closes you can see the change in the way the stock trades. This needs to be investigated.
So what is holding us back now? Is it dilution or shorting?
Is Mullen stock about to squeeze?
So if $15m got me .03 gain just think how long I have to wait for break even at that rate which is $3.70.
I'm thinking this $15 million is just the beginning of what we can get used to reading on our money hub board pretty soon. Just imagine.
Just how ready is Detroit to starting to manufacture?
All I want to to see is a video of people in factories building cars. Then I will believe.
Would have been nice if they had timed some news for today knowing the short issues.
So when this was selling for .07/sh you were saying $10. Now its at $1.62 your saying $10. Shouldn't that $10 be adjusted for the split?
What I want to see is some videos of MULN factories with individuals actually producing vehicles. When I see that I will truly believe.
Yes there is Silversurfer. The company needed more money and we keep supplying it.
Don't even know why they allow short selling to begin with. Short selling is for idiots that can't do DD and come up with a good stock on their own. Short selling should be banned and we wouldn't be having all the problems like what happened here with MULN recently. Do your DD. If it looks good to you buy it. If not continue DD on the next stock.
Astronaut, all that has to happen is that huge contract and the squeeze will be on.
Same for TD Ameritrade.
Glad I'm not closing the books for the qtr. What a mess.
I think our CEO should issue a dividend to make up for the loss of the split. LOL. Doubt we get any news tomorrow but Monday is a possible news day.
It was only worth what some one was willing to pay for it. I didn't see any trades for $2.55 pre split lately.