$Mullen Automotive (MULN.US)$ David really has 25 million US...
$Mullen Automotive(MULN.US$ David really has 25 million USD reserved to buy shares from now until december at whatever price he wants.
His investors have a bag of deteriorated capital thats essentially locked up until the guy above feels like helping out. So wild that 25M in his pocket is all the baggies lmao hes bag holding all your dreams.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Thesandman6672 : I'll have to agree Mullen is probably a dead horse, but I averaged down to try and break even. Well, that was a bust. Now I'm sitting on about 1000 shares with a "Fuck it let's see what happens" since it's not hurting my bank and the loss isn't really worth it to me. Yet if their AI persona tech is actually what it is supposed to be, then I can see them getting bought out by a big name just for the tech and actually probably their cargo van as well since from what I can gather researching. Over 1 year alone the vans are nearly a 500 million dollar business in and of itself.
Now, if it holds true or not, that is another thing, but big companies will at least spend the money on the AI tech alone if it's not complete shit. With their little tour coming up, I wouldn't be surprised to see them getting offers as automotive companies try to aquire them for an edge on competitors and again with their cargo van line shit being a cherry on top since it already has a 280 million dollar contract attached to it(bonus) plus from what I can gather multiple other deals are signed/in the works.
It'll be interesting to see come November time frame. Yet this is all coming from if their tech holds up.