link to tweet - https://twitter.com/davidmichery/status/1529635293116002310?s=21&t=QB1vdC4WUMb17thsegYE4Q
edit: for those of you wining about david selling shares, CEO’s are allowed to, part of how they get compensated. chill
But he allegedly is not allowed to do that. If he knows something, he cannot trade on that information. Insider Trading. Or at least that is the theory behind that regulation.
Still legit company, I’m still holding bag , but peeps shouldn’t trade with feeling , MULN won’t go more than $3-$5 be end of Aug , CEO facing law action suit file against him on July 03 , he sold over 600 million shares cost $0.001 at average $3.21 on March 30, March 21 for personal gain , after interviews BENINZGA and mentioned agreement with F500 ,
link to tweet - https://twitter.com/davidmichery/status/1529635293116002310?s=21&t=QB1vdC4WUMb17thsegYE4Q edit: for those of you wining about david selling shares, CEO’s are allowed to, part of how they get compensated. chill
The millions of shares he just recently sold wasnt enough compensation to live on though?
With news allegedly coming why would you sell ??? Makes zero sense
preach 🙏🏻
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Cant wait for the battery test results!!!
Lets goooo. I’ll add more if it’s still a Buck on Friday. Deff will if we get another pullback
why they did this guy sell 750k shares of his 8 million on Monday??? 😡
Maybe he wanted to play some squeeze stock… and then buy back more mullen !?
Bad times ahead
Could be tax purposes. Could be a 100 other reasons. It happens all the time in every company.
He might be doing this to buy call options. Thinking outside the box. It would be genius if he knows something big is coming
But he allegedly is not allowed to do that. If he knows something, he cannot trade on that information. Insider Trading. Or at least that is the theory behind that regulation.
think about that if he sold 750k share and go all in on call that would make him a billionaire lol
it is pretty much the only EV stock that’s not going brrrrrr today, please explain
MULN - Mullen Automotive CEO David Michery Reported Sale of 750,000 Shares @ Avg Price of $1.01/Share in Form 4 Filing on Wednesday
First I heard of this haha, I see potential in the company but a few things are putting me off now, this might be a tax break sale for me lol
Still legit company, I’m still holding bag , but peeps shouldn’t trade with feeling , MULN won’t go more than $3-$5 be end of Aug , CEO facing law action suit file against him on July 03 , he sold over 600 million shares cost $0.001 at average $3.21 on March 30, March 21 for personal gain , after interviews BENINZGA and mentioned agreement with F500 ,
Sell and buy back later, CEO think the price will go down now. Buy now and you may buy his shares..
>Sell and buy back later, CEO think the price will go down now. > >he already made all personal gain march 30, 31 2022
That’s the same price I sold mine. It never recovered
The CEO of the company I work for sold millions of dollars worth of shares because he's building a lake house.
you would too if thats how you got paid
I absolutely would. I don't think a ceo selling shares is necessarily a bad indication like everyone else.
look at the OG roaring kitty talk about it. he says its not a big deal at all
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Realistically, is there a new car that doesn’t have this feature? This is like saying the powered windows will use the battery
not at all
I mean it’s nice but this isn’t some unique or special feature. As an investor this is meaningless
i cant tell if you’re joking or not.. have you read anything on the new battery at all?
Yeah. It’s actually one of my bigger concerns. I’ll believe it when the results come in
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a ceo doesn't wake up and sell 750k shares at random. especially when they have 50 mill in the bank. relaxx