Diamond hands
Announcement
Collapse
No announcement yet.
Penny stocks anyone
Collapse
X
-
Closed almost 35% + on the day. Just announced a no reverse split and share reduction, big for a company that his been busy with M&A at the cost of the shareholder.
Revenues are growing wildly fast but not sure earnings will follow the same path. They have not been transparent on the earnings up to this point.
ac
Comment
-
Originally posted by Adgerc15 View PostCheck out MULN, tons of volume as the retail traders get behind this one. Cash flows aren't there but this is a tech/innovation EV mfg and the buzz is at least somewhat warranted. I took a small position last week and wish I had gone in heavier.
ac
Comment
-
Originally posted by Adgerc15 View PostCheck out MULN, tons of volume as the retail traders get behind this one. Cash flows aren't there but this is a tech/innovation EV mfg and the buzz is at least somewhat warranted. I took a small position last week and wish I had gone in heavier.
ac
Comment
-
Originally posted by RutnBuk View PostDid great in MULN but man something sure seems shady about it. The buzz is real though.
ac
Comment
-
Originally posted by Adgerc15 View PostAgreed all of the hype seems manufactured. This company has a $100MM market cap and zero revenue or cash flow. I know it's a tech startup and some investors gobble that up but too risky for me. I'm gonna hang on to a small position and see if it runs up but I expect this to fade. If the truly deliver cargo vans this year and continue to develop battery tech this will be a prime target for M&A and could result in big $$ for shareholders. Long road to hold though...
ac
Comment
Comment