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When you guess 20 times and you get one right, What is that really? 1 for 20? Nobody is going to let you play with that kind of record.
What's the reason to short it? The trend is your friend? LOL. Is that it?
Yep there are a lot of traders here waiting for a squeeze. That means a lot of stop loss triggers if it doesn't go according to plan.
Could be one reason it keeps getting knocked back down.
Based on what? You can believe it's a scam all you want. I could careless.
Nope. Because I don't care what the stock does today or tomorrow. You can stay all you want. I am not a trader. I am in this for the future growth of the company. I got in at a great price and I am just going to let the company grow.
At some point the stock will be going to 5.00. That's over 500% gains. You will never make that shorting this. But good luck to you.
I've never seen someone wrong so many times and yet still making predictions
Keep going. At some point you will be right. LOL
I have no problem with 15-20% a day.
Yes because OTC companies buy back stock. OTC companies raise warrants from .63 to 8.64. LOL
He sure thinks like an OTC CEO. LOL
Markets went green and look at this baby run.
Because it's not up as much as you thought, makes it an OTC stock? LOL
I love the weird conclusions people come to.
Percent wise it's up more than NIO and Tesla combined. They must be OTC stocks too.
Be thankful the stock is up today. What's even better is there was dilution but not massive like the shorts were hoping for.
The stock is still moving up, but the bad market conditions may be allowing the shorts to exit without a squeeze. Seems like the Dow and Nasdaq are down every day now
The other possible thing is to buy back shares in a last case scenario so they don't get delisted if the stock was to go back stay under 1.00. Buying back shares much better option than a Reverse split.
Yeah because there is a lot more volume. Much harder to manipulate now.
If they are going to buy back shares, I would think that means no more dilution. Otherwise it doesn't make sense.
I wonder if that means they are expecting the EV Loan to happen soon.
Yes that means a 20.00 stock price for the 2.2 billion conservative market cap they are expecting for 2023
Buy a stock based on valuation, not in the hopes of a short squeeze. At a the very worst case scenario, the stock should be worth at least 2.00.
A short squeeze is still artificial and the stock will drop when it's done. So unless you are gambling for a trade, I wouldn't be buying in on the hopes it happens.
There is resistance at 1.20. Needs to break and the stock will pop.
The stock dropped on extremely low volume. Now that there are over 200 Million shares trading this, it will be a lot harder to manipulate this stock. So it should get to a more appropriate valuation.
Easier said than done.
So you are shorting because of a copyright date on a website? LOL.
That's the reasoning for a scam?
Good luck to you.
Stick to your guns man. Keep shorting. Do what you think is right.
Mullen is now #4 on most read boards.
Just saw Mullen Automotive go across the bottom on CNBC. First time I have seen the company go by. People are going to notice the green arrow in the sea of red.
1.15 Afterhours and climbing.
Very good day considering the Dow is down over 700 points and the Nasdaq is down over 400.
Both NIO and Tesla are down. But if a stock is too cheap, it will definitely out perform the market
And a lot less time to charge the battery.
Markets are down huge. That's probably why it's keeping somewhat of a lid on the squeeze.
Valuation is key to determining where a stock should be.
They are giving a conservative value of 2.2 billion by 2023. That means even if they diluted 1 Billion shares, the stock should still be 2.00.
There is nothing that suggests the stock should be this low.
You should at least ask for 5x your money for your bet. LOL. Because the odds are not in your favor.
The 2.50 calls are heating up.
If they have some news, tomorrow is the day to PR it.
Wait until Institutional buying starts. 42% institutional holdings in Tesla. Only 4% in Mullen
I see the dog pissing on the fire hydrant formation. That's extremely bullish
But you should stand by your call. LOL
Even the chart is against going back to .50. Higher highs and higher lows.
Risk not worth the reward.
Could be a sign that whoever pushed the stock down is done.
I bought my last lot at .72 this morning.
Shucks 1.00. There goes the R/S Talk. LOL.
It's a great day to be a MULN shareholder.