PANDA Analysis: MULN Target Price GM 35.00USD v9.0
Let’s do the Maths: MULN is 57th Rank in EV Markets. 2nd Rank in 2022 EV Startup. It recently hired many GM guys. Last quarter her EPS show x3Better. GM price currently is 35.00USD. Since MULN CEO is trying to turn MULN into a GM EV. That mean current 0.50Price have potentials to reach 35.00GM Price. So if MULN reach her goals in 2Years time. You will harvest 35.00/0.50 = +700%. At worst. It become another NIO = 10.00USD. You will still harvest 10.00/0.50 = +200%. But don’t forget MULN is getting GM US hardcore honest hardworking expertises. Which China NIO is lacking. But one thing for sure. No one can be another TSLA 200.00USD. Disclaimer: like all equity. You need to hold at least 1Year for max returns. Unless company fundamental change very negative-ly. It is also a largest funds manager BlackRock ETF shares. That mean BlackRock will do shortselling to depressed prices to buy-in. After rethinking for 3Hrs. Me PANDA think it is not realistic to think MULN can catch up NIO 10.00USD EV standards. Unless these GM C-Suites have lots of tricks in their hands. There is a market reports going on. That MULN is US NIO replacement. The next Telsa Second Place. If me is you. Be like BlackRock interested in MULN EV business model. Keep buying at options exercises prices 0.50 . When near delisting times. MULN CEO will float shares to 1.00 . Then market will turn it 5.00/10.00/15.00/20.00/25.00 & ++.
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