Mullen Automotive Inc (MULN): I'm not sure this is a short squeeze...

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TechnicalAnalyst1984

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TechnicalAnalyst1984

Re: Hercules1 post# 5117

Friday, 03/18/2022 5:57:09 PM

Friday, March 18, 2022 5:57:09 PM

I'm not sure this is a short squeeze anymore Herc. I would have thought that Wednesday going into Thursday this week but then we see 500 mil vol yesterday, 443 mil today.

1) Who would be dumb enough to short that so many shares? and why?
2) I keep seeing that there are not that many shares avail. to short!

If just seems like MULN became a high volume stock on that initial pop Feb. 28th and since then it has been massive accumulation eating thru massive dilution probably by convertibles and after we get thru the convertibles it flies!

Hits the warrants for a potential red day, churns thru that and resumes flight!

I could be wrong but I just would have thought if it were a short squeeze, the low volume Wednesday and yet the price was tight and then it finished the day closing near it's high like it was ready to pop and then instead of the mother of all squeezes, we got the mother of all volume and less than 40% gain for the day!?!?