You should only buy MULN with money you can forget about for several years
So many people I see bought into this off hype thinking they're gonna triple $ in a week. Now you're hurting and moaning about it not rocketing or going down. -50%? -40%? Congratulations, you just learned a fundamental lesson; don't buy when things are rocketing higher. That's how you hold bags. You also coincidentally bought into a market that's probably about to get bushwhacked by the federal government for the next year or two, IF WE'RE LUCKKY. $Mullen Automotive (MULN.US)$has potential to be a good investment. And if you own it as such you shouldn't be obsessing over how much it goes up or down any day. You're in the for LONG haul. If it's money you NEED in the next several years, tbh you should sell off a pump. Save yourself the stress. But not only did you buy a volatile stock that was experiencing rapid price changes, you bought into a very volatile market. You should have been more aware. Just say in you need to be aware of risk, and be accepting of the consequences any trade or investment poses before you buy in.
you need to be aware of risk, and be accepting of the consequences any trade or investment poses before you buy in
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pennypincher : when everyone bought in they bought into the squeeze not the company. they are trading not investing.
70790164 :
Brandony OP pennypincher : right
Brandony OP 70790164 :