Mullen Automotive Inc (MULN)

[SmellMyFinger]

Yes, a R/S can be approved/initiated twice, rapidly. Not common, but it can happen. A different ticker had one occur on 1/13/23 and again on 6/1/23; that's less than six months apart. Just saying, is all.

For the record, I'm bullish for $MULN based on technicals because the selling pressure has been far too aggressive to be sustainable, so shorts will have to cover eventually. That being said, I am becoming increasingly skeptical of the company due to recent happenings. The shorts here are making valid points. For example, why announce a buy-back and then include a clause to potentially back out of doing it later? That nonsense regarding Lawrence seemed like a pump, and of course Cal is long so that's why he pumps as well. Speaking of Financial Journey, Cal initially indicated that a recent interview with the CEO was about an hour long but $MULN's team sliced and diced it down to just a mere few minutes. Why? Kind of sus, IMO, to leave out so much information. Finally, the CEO looks like an overweight gangster and talks like an arrogant swindler, so that's not helping matters, and the lack of financials needs to be addressed as well. Not that a CEO needs to look great in a bathing suit, but a lack of discipline in the kitchen usually means a lack of discipline in other areas of life as well, such as business.

Regardless, as previously stated, I'm still bullish but just skeptical because this ain't my first or last rodeo. $MULN passes based on technicals but fails based on financials (or a lack thereof). Feel free, anyone (regardless of sentiment), to argue for or against any of my points... I'm all ears and try to see all sides. As always, caveat emptor.