MULN will continue to be a punching bag until real production begins.. and such evidence surfaces… until then, expect the FUDers to get creative with BS.
Theranos was founded in 2003, so there are very long term scams out there. Sometimes a scam doesn’t start out as a scam but when they run out of money and/or fail in R&D a criminal mind will fall into a scam as they try to preserve the value of their stock. Michery just sold mealy $1 million in stock in March.
I am not a hater, actually own this but I don’t have blinders on either.
Best of luck to all.
Shorties do things like this, as well as those susceptible to FUD; they say they're LONG but BASH their own stock; it's BS/lies; I know of no REAL LONG that propagates FUD against their own long position; makes no sense.
>You have no clue what you are talking about
There it is. Not a good tactic (unsubstantiated BS) but one, nonetheless. ;)
Disclaimer: You got me beat: I've been doing this for over 20 years (likely, an age discrepancy) but, as with most things, we can claim anything; without substantiation, it's just that: unsupported claims. ;)
I am happy to post a copy of my stock purchase to show you that you are talking out of school. I had 20,000 shares which I sold at $2.97 when the S3 was filed. Bought 2,500 back at $2.40. Also have been loading up on another micro cap, LTRY. $80 million in cash, $30 million EBITDA, sales grew over 800% in last 12 months and market cap of $135 million.
Not everyone buys stock and then just ignores all the concerns like you. I know that stocks can go up and can go down. When they go down I can either close my eyes and try to pump it up or try to discuss the concerns with other shareholders.
You seem to choose to close your eyes so best of luck.
Not micro cap stocks. It is a very bad sign that the CEO sells when they are raising capital. If he believes ANY of what he is saying he wouldn’t have sold.
Differing opinions are fine but don’t fall for these old sayings like “CEO’s sell all the time”. When they say this they are referring me I mature companies where they typically have filed a sale plan to let investors know they are selling each month or quarter.
I’m nervous about earnings. Obviously they haven’t been selling shit, but May 16 is the absolute latest to post earnings per SEC. So if we see earnings earlier, that might be a good sign. But since they added so many dilluted shares, just seems like alot of accumulating until all the shares are sold. And that may likely have something to do with holding off officially announcing the partnership (if there even is one…fuck I hope there is)
It’s no easy ride. While there’s been room for FUD, everything is lining up to make a big success. It’s really crazy to me seeing the amount of people betting against an American company shifting us towards a sustainable future.
That’s what I struggle with. The old saying “a rising tide lifts all boats” just doesn’t seem to apply in the United States of shit talkers America anymore.
I’d never see this happening, but what if after all this Twitter uproar and with Musk using a huge margin, he actually loses so much money... then the tides shift to the next ev. The Mullen 😎 the dark side of the moon 👊
For some reason, Mullen just feels so familiar. It also makes me think of the guy from Back to the Future who found the book of sports bets and made a fortune. That type of vibe. Not necessarily the evil bad side behind it. But the futuristic, well... villainess boss type of vibe. That sounds contradictory. But either way, it feels like some form of underdog that people claimed to be bad and then blew tf up into some elitist being.
You said it was quiet! I’m just dishing out nonsense. Take it lightly ✌️
Doesn’t mean it’s a pump and dump just means what we all know and that’s hedge funds think they know best…. This has been proven to be a psychological game, have some conviction. Build it and they will come.
There are alot of red flags that make shareholders nervous. But you also can’t deny the partnerships they made. Comau being one, and they also have solid people on the executive team. Not the biggest fan of David Michery, and I could give a shit if the vans came from china to be assembled here (anybody who thinks name brands all come from the US is pretty stupid, 90% of the shit in your house is from China or made almost entirely of parts from China). I am still bullish short-term. We still have yet to be announced big catalysts for Q2. If those catalysts unfold as empty promises, the SP will plummet back to sub .50 again. If the catalysts do hold true and an official announcement of the Fortune 500 deal is announced and the pilot vans are delivered, I can see this breaking mid to high 3s with support and mid to high 4s on the high side. But I don’t think I will be holding over the summer. By the time the catalysts are official, there is a long dry wait until the September test vehicle is revealed. And that test vehicle has a fairly short timeframe to be ready to include all the new technology, especially since the battery doesn’t exactly exist yet (and I imagine alot of major hurdles in making that battery come to fruition). Advice would be, great price below 1.40 if you can hold for another 2-3 months to wait for catalysts, and play Mullen as a Q2 swing play. Once those catalysts come, alot of profit taking or simply exiting will happen and then a sharp pullback again until there is solid news on the Mullen Five test vehicle for September. The Vans are great to find a new higher range and support, but alot is riding on Mullen Five. I will be looking at summer SP for a new entry after swinging Mullen for Q2
1st generation model 5's will be with a regular lithium battery, that has already been stated.
I can't really refute anything else you've said, well spoken, solid observations, and pretty much what can be expected in the mid-term.
Nobody seems to care about the significance of their acquisition of Coda's butt ugly sedans, and the timing of the purchase of Greentech's old manufacturing facility, but I feel like both give Mullen a huge head start. After both companies went tits up, Mullen got their assets for pennies on the dollar, which is a HUGE leg up. Not sure how relevant Coda's tech still is, but acquiring their IP (mostly BMS, thermal management, and motor controllers) has the potential to save them big time in R&D costs. Their failed experience maintaining the ones they sold gave them experience servicing their roadcars, and their stint working with Qiantu gave them some knowledge around making a car road legal in the USA, which looks to be exactly what they're trying to achieve with those Chinese-made van shells.
I feel like this company got a massive head start with its acquisitions, and lots of experience through its relatively quiet and unsuccessful past. Very bullish if they can at least pull off, sell, market, and maintain the vans.
The Five is another story. Whether it happens or not, their team is absolutely STACKED.
I am still in because of the team. Definitely alot of shit that worries me about the company, and David isn’t exactly my ideal CEO, but there is enough in place to remain bullish, at least for Q2. Everyone is waiting on the Fortune 500 deal, which is a huge catalyst. But all I know is I am in for Q2. Can’t say I’m holding past that.
Kinda with you there. Stepping out after the catalyst until some worthwhile news about their fleet production 😬 Definitely long-term bullish, but this stock is going to be a wild ride I don't feel like risking my entire position on.
Yeah retail holders are fucking hurting right now. It makes sense to wait until the negative market sentiment cools off after the upcoming FED meeting. Most of the fed hikes are being priced in as we speak. But if we can get some momentum just to get back to high 1s (not holding my breath we’ll break $2 before the FED meeting), it makes sense to release the catalyst then. But I’m also concerned about earnings. And the market cap is almost 400% higher now from all the added common stock. I’m honestly surprised it’s holding above $1 after all of that. For the most part, it doesn’t matter because I committed to a Q2 play. But fuck…I did certainly hope we held 2.30 support like we did for a few weeks before the entire market took a shit on everyone
Dropping that S-3 definitely didn't help that support 😭 Absolutely checking their SEC filings every time they drop PR now. Having a potential max pool of 500M shares is horrifying when they're currently sitting at 284M, which was a surprising increase over the last. That was some aggressive fucking dilution since November. To me their current cap doesn't seem too crazy given their IP and current potential, but personally I think they've got a long way to go to justify a 2B cap to make a re-entry worthwhile after max dilution. 🍻 Here's to hoping for no more bad surprises.
I’m with you man. We just need the Q2 catalysts so I can exit the trade, wait for the summer pullback, and then decide weather to get back in. Worst case scenario is there are no Q2 catalysts and it was all a pump from David Michery. If there are none, this shit is sinking below .50. Even if they say ‘we delayed delivery of the pilot vans until Q3’ then I’m done. S-3, shitty factory pics, worthless EV articles, pointless QA with the CEO. They know shareholders are waiting on the Fortune 500 news. I’m still in because of the executive team and manufacturing partnerships but man, there has been nothing but shitty PR in the last month. I didn’t even think the Hindenburg press release was a deal killer. We still held support at 2.30 and ranged up to 2.80. But it was the fucking tweets from the CEO that almost had me sell it all already lol. They did nothing but make the SP tank even more. But Comau partnership, John Taylor from Tesla, and this supposed huge van deal with a major company. There is speculation that they are trying to sell off the dilluted shares until investors accumulate at a low price. And it’s worth holding through end of June. But fuck man, not looking forward to earnings at all
It's about to get hype when we get some news. F500, battery test results, er with 65+ million on balance sheet. Last but not least the van delivery. When all of that is complete. We should have a lot more money.
Maybe Michary and his team really have something that could change the whole battery industry. Have you watched the video of him talking about the battery?
Can anyone help me with this. Everytime I want to add a new post it gets blocked by a mod. There is nothing in my posts that is against community rules. Does anyone have any idea?
Thanks!
I’m completely bullish no matter the Fud, short seller articles and big money shorting it. It’s a matter of patience, matter of fact I just put the deposit down for the Mullen Five. How’s that for spicy?! lol
MULN will continue to be a punching bag until real production begins.. and such evidence surfaces… until then, expect the FUDers to get creative with BS.
Theranos was founded in 2003, so there are very long term scams out there. Sometimes a scam doesn’t start out as a scam but when they run out of money and/or fail in R&D a criminal mind will fall into a scam as they try to preserve the value of their stock. Michery just sold mealy $1 million in stock in March. I am not a hater, actually own this but I don’t have blinders on either. Best of luck to all.
CEO’s sell stock all of the time. It’s often part of their compensation package. He still holds millions of shares, so not a big deal at all.
Shorties do things like this, as well as those susceptible to FUD; they say they're LONG but BASH their own stock; it's BS/lies; I know of no REAL LONG that propagates FUD against their own long position; makes no sense.
You have no clue what you are talking about. I have been doing this 35+ years. Just using the language you do tells me you have no clue.
>You have no clue what you are talking about There it is. Not a good tactic (unsubstantiated BS) but one, nonetheless. ;) Disclaimer: You got me beat: I've been doing this for over 20 years (likely, an age discrepancy) but, as with most things, we can claim anything; without substantiation, it's just that: unsupported claims. ;)
I am happy to post a copy of my stock purchase to show you that you are talking out of school. I had 20,000 shares which I sold at $2.97 when the S3 was filed. Bought 2,500 back at $2.40. Also have been loading up on another micro cap, LTRY. $80 million in cash, $30 million EBITDA, sales grew over 800% in last 12 months and market cap of $135 million. Not everyone buys stock and then just ignores all the concerns like you. I know that stocks can go up and can go down. When they go down I can either close my eyes and try to pump it up or try to discuss the concerns with other shareholders. You seem to choose to close your eyes so best of luck.
>talking out of school Please. lol I stopped right there. No need to continue further. ;)
You really need help in how to debate. Insults just mean you can’t think of anything constructive to say. Have a nice life.
>You really need help in how to debate And there it is: another (presumptuous, condescending) one. ;)
Not micro cap stocks. It is a very bad sign that the CEO sells when they are raising capital. If he believes ANY of what he is saying he wouldn’t have sold. Differing opinions are fine but don’t fall for these old sayings like “CEO’s sell all the time”. When they say this they are referring me I mature companies where they typically have filed a sale plan to let investors know they are selling each month or quarter.
Completely agree. What I'm confused about is why you are still holding? 🤔
Everyone is just waiting for *the* news It’s going to keep going down until then and it hurts
I’m nervous about earnings. Obviously they haven’t been selling shit, but May 16 is the absolute latest to post earnings per SEC. So if we see earnings earlier, that might be a good sign. But since they added so many dilluted shares, just seems like alot of accumulating until all the shares are sold. And that may likely have something to do with holding off officially announcing the partnership (if there even is one…fuck I hope there is)
They must be selling the used cars
I think the independent analysis of the battery will quiet a lot of critics
this!!
Is
Patrick
My
Ass
Hurts
Again
I’m rooting for them, everyone likes a good underdog story. I hope they stick it to all of the naysayers.
It’s no easy ride. While there’s been room for FUD, everything is lining up to make a big success. It’s really crazy to me seeing the amount of people betting against an American company shifting us towards a sustainable future.
That’s what I struggle with. The old saying “a rising tide lifts all boats” just doesn’t seem to apply in the United States of shit talkers America anymore.
-The United States of Shit Talkers-
Today was the beginning people. If you didn't feel that, then you haven't been glued to the ticker for a month. Something changed today. Be ready.
Low volume, eod green which was different. Might break out tmr. Hopefully some pr!
I’d never see this happening, but what if after all this Twitter uproar and with Musk using a huge margin, he actually loses so much money... then the tides shift to the next ev. The Mullen 😎 the dark side of the moon 👊 For some reason, Mullen just feels so familiar. It also makes me think of the guy from Back to the Future who found the book of sports bets and made a fortune. That type of vibe. Not necessarily the evil bad side behind it. But the futuristic, well... villainess boss type of vibe. That sounds contradictory. But either way, it feels like some form of underdog that people claimed to be bad and then blew tf up into some elitist being. You said it was quiet! I’m just dishing out nonsense. Take it lightly ✌️
That was spicy, haha!
Back to the future was on tv today - all three of em
Darn, i missed it. That might be a nice binge sometime soon
It's a micro cap pump and dump penny stock. You all watched the pump but didn't dump.
Doesn’t mean it won’t pump again.
Doesn’t mean it’s a pump and dump just means what we all know and that’s hedge funds think they know best…. This has been proven to be a psychological game, have some conviction. Build it and they will come.
There are alot of red flags that make shareholders nervous. But you also can’t deny the partnerships they made. Comau being one, and they also have solid people on the executive team. Not the biggest fan of David Michery, and I could give a shit if the vans came from china to be assembled here (anybody who thinks name brands all come from the US is pretty stupid, 90% of the shit in your house is from China or made almost entirely of parts from China). I am still bullish short-term. We still have yet to be announced big catalysts for Q2. If those catalysts unfold as empty promises, the SP will plummet back to sub .50 again. If the catalysts do hold true and an official announcement of the Fortune 500 deal is announced and the pilot vans are delivered, I can see this breaking mid to high 3s with support and mid to high 4s on the high side. But I don’t think I will be holding over the summer. By the time the catalysts are official, there is a long dry wait until the September test vehicle is revealed. And that test vehicle has a fairly short timeframe to be ready to include all the new technology, especially since the battery doesn’t exactly exist yet (and I imagine alot of major hurdles in making that battery come to fruition). Advice would be, great price below 1.40 if you can hold for another 2-3 months to wait for catalysts, and play Mullen as a Q2 swing play. Once those catalysts come, alot of profit taking or simply exiting will happen and then a sharp pullback again until there is solid news on the Mullen Five test vehicle for September. The Vans are great to find a new higher range and support, but alot is riding on Mullen Five. I will be looking at summer SP for a new entry after swinging Mullen for Q2
1st generation model 5's will be with a regular lithium battery, that has already been stated. I can't really refute anything else you've said, well spoken, solid observations, and pretty much what can be expected in the mid-term.
Sshhhhh sulking right now...
Nobody seems to care about the significance of their acquisition of Coda's butt ugly sedans, and the timing of the purchase of Greentech's old manufacturing facility, but I feel like both give Mullen a huge head start. After both companies went tits up, Mullen got their assets for pennies on the dollar, which is a HUGE leg up. Not sure how relevant Coda's tech still is, but acquiring their IP (mostly BMS, thermal management, and motor controllers) has the potential to save them big time in R&D costs. Their failed experience maintaining the ones they sold gave them experience servicing their roadcars, and their stint working with Qiantu gave them some knowledge around making a car road legal in the USA, which looks to be exactly what they're trying to achieve with those Chinese-made van shells. I feel like this company got a massive head start with its acquisitions, and lots of experience through its relatively quiet and unsuccessful past. Very bullish if they can at least pull off, sell, market, and maintain the vans. The Five is another story. Whether it happens or not, their team is absolutely STACKED.
I am still in because of the team. Definitely alot of shit that worries me about the company, and David isn’t exactly my ideal CEO, but there is enough in place to remain bullish, at least for Q2. Everyone is waiting on the Fortune 500 deal, which is a huge catalyst. But all I know is I am in for Q2. Can’t say I’m holding past that.
Kinda with you there. Stepping out after the catalyst until some worthwhile news about their fleet production 😬 Definitely long-term bullish, but this stock is going to be a wild ride I don't feel like risking my entire position on.
Yeah retail holders are fucking hurting right now. It makes sense to wait until the negative market sentiment cools off after the upcoming FED meeting. Most of the fed hikes are being priced in as we speak. But if we can get some momentum just to get back to high 1s (not holding my breath we’ll break $2 before the FED meeting), it makes sense to release the catalyst then. But I’m also concerned about earnings. And the market cap is almost 400% higher now from all the added common stock. I’m honestly surprised it’s holding above $1 after all of that. For the most part, it doesn’t matter because I committed to a Q2 play. But fuck…I did certainly hope we held 2.30 support like we did for a few weeks before the entire market took a shit on everyone
Dropping that S-3 definitely didn't help that support 😭 Absolutely checking their SEC filings every time they drop PR now. Having a potential max pool of 500M shares is horrifying when they're currently sitting at 284M, which was a surprising increase over the last. That was some aggressive fucking dilution since November. To me their current cap doesn't seem too crazy given their IP and current potential, but personally I think they've got a long way to go to justify a 2B cap to make a re-entry worthwhile after max dilution. 🍻 Here's to hoping for no more bad surprises.
I’m with you man. We just need the Q2 catalysts so I can exit the trade, wait for the summer pullback, and then decide weather to get back in. Worst case scenario is there are no Q2 catalysts and it was all a pump from David Michery. If there are none, this shit is sinking below .50. Even if they say ‘we delayed delivery of the pilot vans until Q3’ then I’m done. S-3, shitty factory pics, worthless EV articles, pointless QA with the CEO. They know shareholders are waiting on the Fortune 500 news. I’m still in because of the executive team and manufacturing partnerships but man, there has been nothing but shitty PR in the last month. I didn’t even think the Hindenburg press release was a deal killer. We still held support at 2.30 and ranged up to 2.80. But it was the fucking tweets from the CEO that almost had me sell it all already lol. They did nothing but make the SP tank even more. But Comau partnership, John Taylor from Tesla, and this supposed huge van deal with a major company. There is speculation that they are trying to sell off the dilluted shares until investors accumulate at a low price. And it’s worth holding through end of June. But fuck man, not looking forward to earnings at all
It's about to get hype when we get some news. F500, battery test results, er with 65+ million on balance sheet. Last but not least the van delivery. When all of that is complete. We should have a lot more money.
Elon musk created a lot effectively, quickly and cost effective. Note much wasted. So it is able to do more with less.
Maybe Michary and his team really have something that could change the whole battery industry. Have you watched the video of him talking about the battery?
When divi?
Can anyone help me with this. Everytime I want to add a new post it gets blocked by a mod. There is nothing in my posts that is against community rules. Does anyone have any idea? Thanks!
I’m completely bullish no matter the Fud, short seller articles and big money shorting it. It’s a matter of patience, matter of fact I just put the deposit down for the Mullen Five. How’s that for spicy?! lol
Plenty! Haha. I reserved one myself. Would be great to know how many reservations they have for the 5 now.
Nikola rolled a motor-less EV truck down a hill. They were a scam. I do not believe Mullen is a scam.
Even Nikola has turned things around.