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Mullen Automotive Stock Destroyed - Time to QUIT $MULN
One of the "best EV stocks" they said. A "potential 10 bagger" they said. "Life Changing Money" they said. Over the years Mullen Automotive stock MULN has done nothing but lose people money, and I feel like I failed these people. Today I look at Mullen Auto stock trading under the ticker MULN stock $MULN on the Nasdaq.
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Key insights
📺 Despite the decline in stock value, Mullen Automotive remains a highly searched and watched topic on the YouTube channel, indicating continued interest and engagement from the audience.
💥 Mullen Automotive has been one of the most crushed and destroyed stocks on the market in 2022 and 2023.
🤔 Mullen Automotive's share price has consistently declined over the past five years, raising concerns about the company's performance and potential for growth.
📉 Mullen Automotive stock has experienced a significant decline, with losses ranging from 98.86% year to date to 99.93% over three years.
💰 "Why not wait for some kind of inflection point something to change how about waiting until they actually start making revenue and that actually crosses their market cap because look I know what everybody's going to say but Cameron I'm gonna miss out at buying it absolute bottom I want to buy at the absolute bottom."
💰 Many people underestimate the gradual rise of Tesla's stock, thinking they missed out on the opportunity to make money, but in reality, there were five months to buy Tesla as it steadily increased from around $20 to $60.
💰 There were multiple opportunities to buy Tesla stock at a low price and make significant gains, highlighting the potential for life-changing amounts of money.
💔 The YouTuber decides to quit trying to convince people about their stock market views, highlighting the challenges and unpredictability of the market.
#muln #mulnstock #mullenautomotive
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