$Mullen Automotive (MULN.US)$ if you dont have the patience ...
$Mullen Automotive(MULN.US$ if you dont have the patience for a penny stock just get out of this stock. penny stocks arent going to make you rich over night theyre long term investments dumb shits
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ElusiveTrader : S&P500 is a long term investment. Penny stocks are created for exuberant gains, usually resulting in scam companies. Long term is bonds, indexes, mega caps. Penny stocks are the highest of risk so why would that be anything but short term? I never traded Tesla and worried about warrants or bankruptcy. Focus on mega caps and a lot of your problems will fade away. Mega caps are the ones who ALREADY made it past all the bullshit, they’re the most solid.
M1ckOP ElusiveTrader: Because all EV companies started out like this and one day popped to $10-$20. So I mean you do whatever you feel like but imma make 30k+ eventually. Way more than you’re couple hundred you’ll make from short selling
ElusiveTrader M1ckOP: When you say “all” EV companies you’re referring to the ones still in existence. Most go bankrupt and get obliterated out of existence.
M1ckOP ElusiveTrader: This won’t be obliterated they have enough money to last 3-4 years they already said. So I don’t see it going bankrupt especially with its new vans that was just made. They have plenty of time to make sales and recoup
FANCY PANTS : IM PRETTY SURE 90% OF THE PEOPLE HERE ARE TRYING TO DOUBLE THEIR MONEY IN A WEEK WITH A SQUEEZE PLAY, NOT A LONG TERM INVESTMENT
FANCY PANTS M1ckOP: DID YOU SEE THEIR CASH BURN IN THE ANNUAL REPORT? THEY AINT GONNA LAST 3-4 YEARS WITHOUT REVENUE.
M1ckOP FANCY PANTS: Brother in Christ they just started production you’ll see one day. Or maybe I’ll see one day and lose all my money but we will find out bud
FANCY PANTS M1ckOP: THAT WE WILL. WITH SO MANY SHARES AVAILABLE FOR DILUTION AND AN IMMINENT REVERSE SPLIT, I SEE A TON OF LOSS IN VALUE STILL. PERSONALLY I THINK THIS IS ALL A MONEY GRAB FOR THE CEO (DID YOU SEE HIS PAY?) AND THEY DONT INTEND ON ACTUALLY BEING A FUNCTIONAL COMPANY.
M1ckOP FANCY PANTS: Yeah I did see that idk we will find out. I like to keep a positive attitude though
FANCY PANTS M1ckOP: MORE POWER TO YOU BRO