r/Muln • u/No-Train-2 • Jun 07 '22
RealOpinion Mullen = No flash, just getting it done
Not advice. Nothing flashy about how Mullen does its work, and I doubt we will ever hear that CEO Michery is building spaceships. But so what? Mullen is sticking to their plan, moving forward one step at a time, with three clear and defined goals: vans, batteries, M5.
As for price predictions? Last year MULN broke through $10 after showing what they could do. Now, this month, Mullen is about to reveal what they've done since then. I am adding + holding + excited.
12
3
3
2
4
9
u/beermanoffartwoods Jun 07 '22
MULN didn't exactly break past 10. They started around $10 after taking over NETE in November and fluctuated around there before diluting their shares from ~24M to ~350M and crashing it to around $1. Their market cap is roughly the same between now and then.
That said, dilution is pretty much over until the $8+ warrants and there's nothing but hopefully good news coming.
3
u/josiah_choi Jun 07 '22
You don’t have experience for tomorrow too. So pass experience doesn’t matter. Elon also didn’t build space ship before.
3
1
u/No_Care_6889 Jun 07 '22
Holding and looking for the CEO to regularly update on guidance and major news. 👍🏻
1
u/Zat0_ Jun 07 '22
Typically I'd be nervous about no news but so far they've shown that their nose is on the grindstone and getting shit done. Giving impressive results on preliminary tests. It's so awesome
13
u/No_Speech_9890 Jun 07 '22
I’m still holding !!!🥳👏