Bruh…MULN green
Barcoding? There’s so little volume it’s just going back and forth a penny. It’s basically dead unless there is some catalyst.
My God MULN!!
For update purpose, I currently have 45 @ 2.5c for $0.05 average for july 22th
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DelPack Logistics, LLC to place an order for up to 600 Mullen Class 2 EV cargo vans over the next 18 months DelPack Logistics LLC is an Amazon Delivery Service…
HOLYSHITTTTTTT
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I dont think this is the F500 deal btw. More reasons to be excited!
Overall great day for MULN. If we chek all the EV sector, most stock today ended up in the red. MULN has now a deal and revenu that will push the price action upgrade due to these new fundamentals factors. More news is also expected in the next days/weeks.
How material is this, @Rengoku_Spirit ? It’s 600 vans over 18 months. Who is this agreement binding on - MULN or DelPack? Or both?
It’s difficult to imagine why DelPack would constrain themselves thus, though its easy to see why MULN would jump on them having to deliver, if DelPack wishes.
Also, price action is not that encouraging, no? This is the first “real” order they everyone has been waiting for, and stock is up 4% only.
It’s not the F500 that was advertised by the CEO. This was totally un expected news. And the reason that I still think its a positive day is if you compare MULN’s todays run with the electric vehicule sector overall. We did better then the rest of the sector. People took profit, other institution bought in. In a fundamental view of the situation, MULN is progressing. The current price action is still not representative for what is still to come. More catalyst are in the way.
Something’s afoot in the land of MULN.
The website of their partner, DelPack Logistics, is down: https://delpacklogistics.com/
Note before this was put up on the site before it took an L:
(One source, there are some others on Twitter, though not sure if copy of same image)
Also interesting… from the DOT site:
12 drivers? Why do they need 600 vans? How many do go through a week? 
Here’s the Wayback machine page from yesterday - didn’t catch that imprint above.
An elaborate troll? A panicked admin taking the whole site down because CMS is too hard? A hack, even? Guess we’ll find out soon enough.
Bad news is … even if it is true that the contract is non-binding, there isn’t much room for MULN to fall.
This one was incredible. Seems like it was an hack job cause MULN released the day after an 8-K precising the exact detail of the biding contract. The weird post was taken down from the website afterwords like you said. Weird stuff going on all around.
However, the date for the proxy vote is coming regarding a new offering. From a logical stand point, Mullen doesnt want to have that vote at the current price action, it would kill the stock. If they are able to announce the Fortune 500 deal next week, it would be perfect.
Evaluating the situation closely.
The wording of the contract (Exhibit 99.1) actually confirms what the short-lived and seemingly unreliable clarification from DelPack said - the contract is binding on MULN, but DelPack have a fair bit of optionality. It’s like someone telling me “I promise to think about it!” and me getting all excited about the “promise” made, and ignoring the rest of it.
Also, if it was not real, DelPack would have likely come out with a supporting statement. Muln management have a history of lying through their teeth. They got called out on it, just like they did with the battery embellishments from last time.
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Yeah DelPack not coming foward refeuting or giving support to Mullen’s PR up to that is indeed problematic. Furthermore, I’m well aware of David Michery history and lack of transparense in his pass ventures.
It’s indeed why this is a swing play rather then a long one.
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MULN shareholder meeting live stream link
Keeping an eye on this!
World’s largest asset manager BlackRock adds 7.2M Mullen shares in Q2
Goodmorning lads. MULN currently in an upward mouvement in expectency of major F500 PR news. Furthermore, the data being known last week that BlackRock and Vangard multiplied their position in Q2 for over 700% is overall really bullish IMO and for many others.
I beleive that those aquired shares will benifits those HF for a long position and also give them the ability to lend shares for shorts prior to MULN having a greater price action. We are currently over 9% gain on the day.
Regards.
Lord PH
Even though the likes of Blackrock and Vanguard increased their holdings by couple of hundred percentage points, it’s still $5-10M, which is probably them trying to balance based on the Russel that Muln was added to recently.
I’m expecting the F500 to be another major nothing burger, like all the other “news” that came before. At this point Muln feels like an EV company that is barely able to keep their act together, so if prices rise because of the F500 news, will be keep to short it again.
Do you think with Earnings there might be at pop + EV bill getting signed