New World A-Comin'

[Monksdream]

Hindenburg Research has put Mullen Auto (MULN) under its forensic microscope. I get the reports in my Yahoo mail. I was already aware the CEO has a history of penny stock scams. I didn't realize how extensive. He also does business with conmen who've served time for fraud.

Mullen has yet to produce a single unit of this high powered luxury sedan capable of a 600 mile range, the longest of any EV out there. Since it, at this time, doesn't actually exist for sale to the public, then this amounts to a lot of hype.

The recent PR barrage, much of it, as Hindenburg has determined, was pretty much bogus, helped rescue the company stock. It has become a darling of the retail crowd thinking it can make thousands of percent profits from a low priced stock that has nowhere to go but to the moon.

I don't expect much from it except as a day flipping stock.