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Mullen Subsidiary, Bollinger Motors, Achieves CARB Certification; A Critical Step in Becoming Sales Ready
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Taraavina : Does it imply that it is used in the production of electric cars? Is this news positive or negative?
Jaguar8 OP Taraavina : Certification is positive
Taraavina Jaguar8 OP : So why did the stock Down more with this news?
Mullen Fact Checker Taraavina : Because the company survives off of dilution. Almost any positive PR they put out is a guise to dilute more.
Here are some examples:
Jaguar8 OP Taraavina : I don’t really play this stock. A lot of short shares going into dark pool. Moreover, likely there were bagholders here who sold off after a mini spike. This is just a fake PR for me
Alt Trading Jaguar8 OP : Then why repost it in comments?
Lnova Mullen Fact Checker : this chart is amazing
Ultratech Taraavina : it'll pump before news then ppl buy on news and it drops that's how it works around here