$MULN HOLY FUCKING SHIT MY HEART IS RACING RIGHT NOW!
MARKET MAKERS TRIED SO HARD TO KNOCK THIS THING DOWN BELOW $2 AND THEY COULDN'T DO IT!
LOOK AT THE SHORT VOLUME!
Dudes and dudes, the MMs & HFs who are shorting $MULN for acquisition are absolutely FUCKED right now.
@ORTEX data shows us that the short interest spike from Wednesday has not been hedged for yet, and now they are trying to control the price. Market makers are doubling down to try to smash the price below $2 and keep $MULN under.
They worked HARD to keep it below $2 today.
The chart on $MULN is showing a rapid climb, and we saw every approach to $2 countered with heavy selling with GIANT seller volume hammering the stock each time it hit $2.
They can't control it beyond $2
Their losses will be absolutely staggering if they can't get back to $0.68
This is a RARE moment where retail has absolutely backed some shady, malicious HFs and a colluding market-maker into a corner with no recourse except to persuade retail to sell.
HUGE WARNING: THIS IS AN EXTREMELY RISKY STOCK TO TRADE NOW.
I'm not going to bullshit anyone. The organizations which are betting against $MULN are extremely powerful and wealthy, and there is a high likelihood of heavy selling pressure tomorrow in an attempt to knock retail out of their shares.
There WILL be stop-loss hunts.
I am not a financial advisor and this is not financial advice. This is my own personal act of protest against a series of malignant hedge-funds which are targeting an American company in order to profit from its annihilation.
Everyone else should do what is best for THEMSELVES.
Only you know your risk tolerance, and only I know mine. Don't trade based on this information, as nothing is guaranteed. Make your own decision whether to engage in this stock.
For me, I'm not going to sell until it truly squeezes. This is not a squeeze.
I'll be ready for punishment tomorrow, and I intend to buy the dip. To all of you who won today, congratulations.
To the hedgies who are reading this and expecting us to leave: I look forward to buying your shares tomorrow.
🖕U w/ a 🌵
Sincerely,
The 99%
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Still holding my $MULN position. The volume has already traded more than 10x the estimated float today in only the first half of the trading day. 🙄
Utilization from 25% to 99% in 3 days...
22.5M short exempts yesterday
2.76M short exempts today
That's normal... 😒
Before you go any further, know that this isn't financial advice, and I'm not an expert in finance or market mechanics.
What follows is due-dilligence by a biased investor with a deep-seeded hatred for companies who defraud us daily with the data as I will soon demonstrate.
There's a lot of mis-information floating around regarding the share offering. the 228 million shares are NOT ISSUED yet. They are AUTHORIZED.
The hedge funds who have the right to purchase shares are only allowed to drawdown $2.5M maximum at a time, based on the market price.
I chose to buy $MULN because I recognize fraud when I see it.
300M shares sold in the first half of the Trading day on a stock with less than 35M shares outstanding, when retail has been buying all yesterday
Fighting a market maker who is hell bent & determined to burn retail
I don't even need to argue where the selling is coming from.
Look at all the short lending. Where do these shares come from? Fucking Never-Never Land for all I know.
I warned everyone this manufactured sell off was coming and that market makers and SHFs would try to hurt us, didn't I?
This is when retail can absolutely nail these assholes. Buying shares now and driving all these naked shorts back up their ass will force a FTD squeeze.
You want more proof? Look at this BULLSHIT @ORTEX data shows that more than 2M shares came out of nowhere and were lent out against the stock to hold it down below $1 to force a delisting.
This is coordinated fraud to cause the stock to get delisted & market makers are helping!
This god-damned market is so crooked, it's miraculous that we even have a fucking economy at this point, or competition.
This is _not_ a fair market! @SECGov needs to step in here _now_ before more people get hurt!
I FUCKING KNEW IT! $MULN market makers are borrowing a ton of shares out of the market in order to cover their FTDs they created when they shorted the living shit out of it to get the price down to this point.
The Utilization went from 35% to 75% overnight! By tomorrow: 99%+!
Before you read any further, know that NONE of this is financial advice, and you should absolutely not take what I say at face value. Do your own research and make sure you understand this data.
What follows is extremely high-risk, and should stay away if you don't understand.
I'll try to explain as best I can, but the TL;DR is that I believe $MULN stock is being targeted by a malicious fund and is being hammered by a colluding/malicious market maker (MM) to drive the stock price down.
$AMC is threatening. The timeline is nearing completion. I might be wrong, and probably am... but I'm waiting with bated breath to see the market react. Pay close attention. This coming week/earnings is gonna be big.
Don't blink.
I'm not done.
Utilization went from 60% to 100% overnight.
The last time this happened was May 13th
It's history repeating itself.
The Short Interest (shares) has never been higher. They're desperate, and they're hurting. The pressure cooker is preparing to explode.
They are relying on short exempts to keep the price down, creating more FTDs than ever. AND THEY CAN'T FUCKING HOLD IT DOWN!