$Mullen Automotive (MULN.US)$ Danger! Code red! if it is goi...
$Mullen Automotive (MULN.US)$ Danger! Code red! if it is going to be a 100:1 to maintain a dollar. wouldn't the price to be a dollar now be around 0.01ish? Else why not 20:1 or less?![]()
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Newbie24 : Simple answer is no! Make no mistake. Reverse splits to be in compliance plus to get out of penny land
Shootingstar OP Newbie24 : but I have seen it do this for about 4 to 5 cycles and it's difficult to track when you are zoomed out
Newbie24 Shootingstar OP : Reverse split offers “new” shares that replaces the old ones, so that price history is just history with shares that has been wiped out.
Shootingstar OP Newbie24 : I had 150 shares 4 yrs ago and they r/s me till I was liquidated and paid a few cents by my broker.
Newbie24 Shootingstar OP : I’m sorry to hear that man, keep in mind that many were cought amidst the EV bubble. No production, expensive and out of reach products, and startups and troubled companies got valued at billions, it was a big scam so are memes
Shootingstar OP Newbie24 : it is ok I was misled by fake news articles of high tech ev batteries and powerful engines and fake demos and fake releases and fake sales by this company so I have been trying to help others not to invest in this fraudulent company if the sec even recognizes this word
DaytradeSwing Shootingstar OP : Word of caution to you.
Learn to trade and not invest
Shootingstar OP DaytradeSwing : why do tax payers money go to the people who work in the sec office then.