Thursday, July 20, 2023 4:58:15 PM
Maybe Christian Attar is ferreting out those nefarious naked shorters - I guarantee the press release on July 5, 2023 won't find anything other than Mullen is a scam.
On every scam there are a few that scream about ole Shorty - and those that do are clueless about how shorting works.
It takes a very sophisticated investor to short a stock because you can get into real trouble with a margin call.
On stocks like Mullen when they do a reverse split it is time to short because scams like Mullen can't hold the post split price.
Shorting isn't illegal but it is very expensive - and most OTC investors have a Cash account not a margin account. Mullen should be removed from Nasdaq.
As TK posted the only way to stay on Nasdaq is to do a reverse split. Then those shorting will probably move back in.
IG
On every scam there are a few that scream about ole Shorty - and those that do are clueless about how shorting works.
It takes a very sophisticated investor to short a stock because you can get into real trouble with a margin call.
On stocks like Mullen when they do a reverse split it is time to short because scams like Mullen can't hold the post split price.
Shorting isn't illegal but it is very expensive - and most OTC investors have a Cash account not a margin account. Mullen should be removed from Nasdaq.
As TK posted the only way to stay on Nasdaq is to do a reverse split. Then those shorting will probably move back in.
IG
"Are you gonna pull those pistols or whistle Dixie?"
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