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Off-Topic Stock Market & Crypto Discussion

Caneinator said:
No. They should have an earnings call next week and are forecast to have first positive EPS.

The vans should start delivery in a month or so.

This was the first red day for MULN in over a week. Market manipulators out in full force and only dropped it 6% on a bad market day with low volume.

A lot of short positions are due tomorrow and Friday. Shall see what happens.

A stock like this is always a gamble...but this looks long term like one of the better gambles to make.
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Reeks of a pump and dump so far, Papi. Down another 22% today. Thoughts?
 
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Cryptical Envelopment said:
Reeks of a pump and dump so far, Papi. Down another 22% today. Thoughts?
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You can certainly day trade it. I'm a long term holder on it. I will either lose 10 grand or make a **** ton of money. I think the goods are there. It's market cap is fractions of it's pathetic competition in NIO and Riven. Compare the numbers and what little...if anything...they have accomplished beyond Mullen at this point.

Microcaps are not for those with a weak stomach. It rocketed 400 percent in a week and a half. It had to pull back.

I can't predict the future...and the market makers sure are shorting it to death again...but I believe it has a solid plan to deliver an amazing product.
 
www.linkedin.com

#madeinms #mightyms #wedoev #fastcars | William Cork | 25 comments

In Tunica County, MS today and checked in on the production line construction progress at Mullen Automotive. Also got to check out one of the prototype DragonFLY all electric luxury sports car. And get a glimpse of their new line of cargo vehicles. Awesome. #madeinms #mightyMS #wedoEV #fastcars...
www.linkedin.com www.linkedin.com
 

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Caneinator said:
www.linkedin.com

#madeinms #mightyms #wedoev #fastcars | William Cork | 25 comments

In Tunica County, MS today and checked in on the production line construction progress at Mullen Automotive. Also got to check out one of the prototype DragonFLY all electric luxury sports car. And get a glimpse of their new line of cargo vehicles. Awesome. #madeinms #mightyMS #wedoEV #fastcars...
www.linkedin.com www.linkedin.com
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I nibbled more before the bell around the lows. Some real potential here from what I see in DD... could also get their lunch eaten, and go to zero. A few things need to happen to help them along the way for sure, but I am tucking a few shares into my "casino" portfolio. Win or lose, thanks for bringing it to our attention. And please, keep us constantly updated.
 
Cryptical Envelopment said:
I nibbled more before the bell around the lows. Some real potential here from what I see in DD... could also get their lunch eaten, and go to zero. A few things need to happen to help them along the way for sure, but I am tucking a few shares into my "casino" portfolio. Win or lose, thanks for bringing it to our attention. And please, keep us constantly updated.
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If you're into a short termer...look at HYMC. Could be a long too...but I am specifically looking at Monday AM. They dropped a bomb PR at 745 last night cause the guy who runs AMC bought a bunch and wants to ***** the shorts. Squeeze potential if you can get in pre market. I already owned a small position last week so I am going see what the AM looks like and decide if I want to buy more for the short term burst it is probably gonna get.
 
Caneinator said:
If you're into a short termer...look at HYMC. Could be a long too...but I am specifically looking at Monday AM. They dropped a bomb PR at 745 last night cause the guy who runs AMC bought a bunch and wants to ***** the shorts. Squeeze potential if you can get in pre market. I already owned a small position last week so I am going see what the AM looks like and decide if I want to buy more for the short term burst it is probably gonna get.
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Not my style, but have fun, hope you get a pre-market pullback.
 
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BTC currently pushing firmly above 46.4k is a very bullish signal and may send BTC towards $50k-$53k, which are critical levels to reclaim. ETH gaining in parallel.
 
Cryptical Envelopment said:
BTC currently pushing firmly above 46.4k is a very bullish signal and may send BTC towards $50k-$53k, which are critical levels to reclaim. ETH gaining in parallel.
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the timing is great.. BTC, ETH, LUNA going up, Galaxy releasing earnings this week, AUM next week, Bitgo close, and uplist. (and yes i bought more...dont judge me :) )
 
Tdvv said:
the timing is great.. BTC, ETH, LUNA going up, Galaxy releasing earnings this week, AUM next week, Bitgo close, and uplist. (and yes i bought more...dont judge me :) )
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I've bought Galaxy at .90 and I've bought Galaxy at $17. I buy buy buy. It's still very cheap IMO. I only judge you in a favorable light!
 
Big time news for Mullen's balance sheet, which was one of their biggest liabilities and talking points for bears.

finance.yahoo.com

Mullen Strengthens Balance Sheet

Company expects to report in excess of $65M in cash and cash equivalents when it files Form 10Q for the second quarter ending March 31 Mullen Strengthens Balance Sheet for Upcoming EV Development Programs Mullen Automotive debuted the FIVE EV Crossover on Nov. 17, 2021, at the Los Angeles...
finance.yahoo.com finance.yahoo.com

BREA, Calif., March 28, 2022 (GLOBE NEWSWIRE) -- via InvestorWire -- Mullen Automotive, Inc. (NASDAQ: MULN) (“Mullen” or the “Company”), an emerging electric vehicle (“EV”) manufacturer, announces today that it expects to report in excess of $65 million in cash and cash equivalents when it files Form 10Q for the Company’s second quarter ending March 31, 2022.

“We’ve made tremendous progress in key areas over the past three months,” said David Michery, CEO and chairman of Mullen Automotive. “With the financing we received, we now have more than enough capital to execute on our commitments for 2022, including the start of the Mullen FIVE EV Crossover program and continued development on the Mullen ONE EV Cargo Van program. The Company's balance sheet is the strongest it has ever been in our history.”
 
Tdvv said:
the timing is great.. BTC, ETH, LUNA going up, Galaxy releasing earnings this week, AUM next week, Bitgo close, and uplist. (and yes i bought more...dont judge me :) )
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"The point is, that greed, for a lack of a better word is good, greed is right." Now, what you do with it is a totally different story.
 
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Alright guys, it's that time of the year. My membership here is expiring, and I can't pay it on my own because I need to stay completely anonymous if I am talking about stocks and investments here for professional purposes, so I can't use my own credit card.

If another CIS fairy godfather made a few (or a few million) dollars off some of the investments I've brought to the table and can find it in their heart to do me a solid and do a gift renew for me again, it would be incredibly appreciated. :)


godfather GIF
 
Cryptical Envelopment said:
Alright guys, it's that time of the year. My membership here is expiring, and I can't pay it on my own because I need to stay completely anonymous if I am talking about stocks and investments here for professional purposes, so I can't use my own credit card.

If another CIS fairy godfather made a few (or a few million) dollars off some of the investments I've brought to the table and can find it in their heart to do me a solid and do a gift renew for me again, it would be incredibly appreciated. :)


godfather GIF
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You should have taken that stock tip I gave about HYMC over the weekend. Up over 100% on the day as I type this. I might be able to swing your membership lol but I am too cheap to buy my own.
 
Caneinator said:
You should have taken that stock tip I gave about HYMC over the weekend. Up over 100% on the day as I type this. I might be able to swing your membership lol but I am too cheap to buy my own.
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Sick. Congrats. Love a home run. I'm not a dart thrower, I invest in what I have DD on and understand. Usually. :) Not much for the meme stuff. Means I miss some, sure, also means I avoid some pitfalls.

Someone else is covering the membership but thank you... kinda? :)
 
Mullen CEO with a nice interview today.

Said the Vans will start delivery this quarter. The customer is a Fortune 500 company.

DragonFLY supercar will we available end of summer.

Mullen 5 SUV will be available for full test drives end of summer as well.

Confirmed they will report $65 million cash on hand, which is enough to fund rest of year's operations.
 
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