Careful Here
Some investors decide to invest by analyzing charts. Some like to study companies fundamentals before deciding to invest. Some invest by blindly following what some hedge fund tells them to buy. Or some news headline. Or better yet some random bot on a comment thread or social media. Its called Due Diligence, or DD for short. I can understand day trading or swing trading the trends. I do that every day. But if you are a long term investor then you must do your DD. Unless you like to gamble then there must be a reason to buy and hold long term. Do your own DD. Don’t gamble. Check it out. Let’s try to find a reason to hold MULN long term.
Wait what’s this!? No revenue in any region or business operation!? No return on equity!? ![]()
This can’t be right. Let’s look further.
Oh look there are some earnings per share. But that doesn't really matter to be honest. And why is there only one analyst on this company? That's fishy. Almost seems fake at this point. Oh and there is another example of no revenue since 2019. This is obviously a joke. Let’s just look further just to humor ourselves.
No analyst will even rate this company or give it a target price. Maybe it’s embarrassing to analyze a fake company publicly. Who would hire them as an analyst after that?
Let’s be very careful with these meme stocks that get hyped by news headlines or YouTube only. Always do your own DD in long term investing. Don’t listen to others analysis or arbitrary reasons to buy something. I’ve seen these meme stocks go to the moon, almost literally. But a long term hold is questionable.
Do your own DD. Good Luck.
Let’s be very careful with these meme stocks that get hyped by news headlines or YouTube only. Always do your own DD in long term investing. Don’t listen to others analysis or arbitrary reasons to buy something. I’ve seen these meme stocks go to the moon, almost literally. But a long term hold is questionable.
Do your own DD. Good Luck.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Trade the trends via technical, fundamental, and macro analysis. Day Trades, swing trades, and long-term investments.
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SpyderCall OP : $Mullen Automotive (MULN.US)$
27882510 : Like you.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Mooney bb : wow bro i see you are trying to save people from penny stocks
SpyderCall OP Mooney bb : got to spread the good karma. i was burned by these hype penny stocks in the past when i didnt know better. and some of these folks post images of losses of thousands of dollars. it hurts to see that. my firs trading account lost 9000 dollars before i figured out something different.
SpyderCall OP Mooney bb : That's when i was broke too
SpyderCall OP : this is for MULN
xierongliang SpyderCall OP : thank you for doing what you are doing. I just burnt about 100k of my insurance payout in the last 5 months while under chemotherapy. Could've bought an apartment and collected rent for life. instead now I'm poor (thank god I'm not broke..) and just gotta laugh it off. and make sure to not repeat this shit the next recession.. if I live till then.
SpyderCall OP xierongliang : Recession is coming soon. Ill give you some of my good energy so you can stay alive a long time so no worries.
solo invest : Don’t let people lose on these fake equities. I’ve been burned in the past by them![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")