All the bulls are gone
I started commenting on Mullen around April of 2023.
When it was trading at over $3000 (adjusted for multiple reverse splits)
I warned all of you this company was a scam and would end up going bankrupt. I was called all kinda of names for it. But it didn't matter- I knew the facts and the inevitable outcome.
Over the months I've seen many bulls come and go. Only two have ever admitted I was right (shout out to Alan and Mizmo).
In just 2-3 short months this will be trading in OTC markets, or more deserving, completely bankrupt. We can only hope David faces Federal charges (a la Trevor Milton of Nikola) so he can never grape retail investors again.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
GesusMunz : ya... you were right. I now have 3 shares at an avg of 300 per share... No bueno. Lost alil moneyz with this one. I'm a complete newbie and thought I'd make some easy money... I was incorrect!
FANCY PANTSOP GesusMunz: Take it as a lesson learned
Revelation 6 FANCY PANTSOP: Yeah, I think we’ve all been taught a lesson or two. I can still remember the sting.
ItIstheTimeNow : still a long road to go
Retarded APE : I went from owing 2795 shares to 0 now. How is that even legal? So they basically stole my shares and money? I smell a class action lawsuit!!
FANCY PANTSOP ItIstheTimeNow: They'll be out of cash by April if RMA doesn't sell 100% of the vehicles that were delivered. Even if they sell them all, that only keeps them alive another month. The end is closer than you think.
ItIstheTimeNow : time will tell
FANCY PANTSOP ItIstheTimeNow: They're burning 750k a day. There is nothing they can do to keep up with that.
SpyderCall : At least some have learned a lesson. I was trying to tell these people about so many companies that are bad investments. Like MULN, TTWO, HKD, AMTD, BETS, AMC, etc. But people these days get their investment info from YouTube, so they didn't want to listen. They would literally cuss you out for trying to help them. Happened to me several times. That is why I stopped trying to help them. I hate to say, "I told you so." Learning the hard way is always the best way to legitimately learn. I just wish people didn't lose money.
I commend you for trying to help these folks. I know it wasn't easy.
♤方展博♤ : I lost USD10K on this. Win some there, lose some here. Never put all your eggs in a basket. Don't get emotional. Get over & look for other opportunities. Opportunities are reoccurring events.