Replies to post #70564 on Mullen Automotive Inc (MULN)

[Wayne R]

That controlled discipline will preserve your capital far more times than not.

https://www.siliconinvestor.com/subject.aspx?subjectid=33047

I'm sure some of the nonsense I said 24 years ago might still be relevant.

[I-Glow]

The biggest problem with OTC investors or Mullen - the OTC is for trading not investing. They are all Company X - never get married to a stock.

The only way to trade penny stocks that use message boards, social media (Twitter - Facebook), forward looking press releases, pumping 8-Ks and paid promotions is to just consider them all to be scams and just trade them do not invest in them. You'll lose 99% of the time if you believe the hype.

With Mullen many used the horrible investment strategy of averaging down.

And you can still invest in Dividend stocks and do very well. But don't count on big runs.

IG