Mullen Automotive Inc (MULN)

[TenKay]

There’s a lot of penny stock myth in that.

Especially this:

“if you're shorting a company, and they go bankrupt, the shorter doesn't have to return the shares and all the profit made from shorting that company, they don't have to pay taxes on, all the gains they made are tax-free. It's a tax loophole”

Exactly what “tax loophole” is that? LMAO.

It also belies a lack of understanding how the bankruptcy process actually works and the process by which a customer account on a short position pays out.

But besides that, a company with $200 million in the bank (at the expense of shareholders) is not going bankrupt anytime soon…unless someone ran off with the $200 milli.