Trader In France Scores Third Victory In Short Selling Contest [Forbes]
Mullen Automotive, Inc. (MULN)
Company Research
Source: Forbes
Illustration: Getty Creative. getty By John Dorfman September 16, 2024 (Maple Hill Syndicate) – Laurent Condon, a professional stock trader in France, has won my annual short-selling contest for a third time. Condon scored a 99.7% gain on his entry from a year ago, Mullen Automotive Inc., an electric car maker based in Brea, California. The stock has descended from $45 a share when the contest began to 13 cents a share as of September 13. Short sellers gain when a stock falls. I call this contest Short Sellers Don't Have Horns, because I believe that short sellers provide a useful antidote to the hype that surrounds some overvalued stocks. There's no risk in entering the contest, but in real life, short selling is a risky investment technique. In a regular purchase of stock, the maximum loss is 100% and the potential gain is unlimited. It's the reverse with short sales: The maximum gain is 100% and potential losses are unlimited. PROMOTED Condon won this contest in 201
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News
- BOLLINGER MOTORS ANNOUNCES PRICING FOR THE 2025 BOLLINGER B4 COMMERCIAL ELECTRIC TRUCKPR Newswire
- Mullen Subsidiary, Bollinger Motors, Announces Pricing for the 2025 B4 Commercial Electric Truck [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Mullen Subsidiary, Bollinger Motors, Announces Pricing for the 2025 B4 Commercial Electric Truck [Yahoo! Finance]Yahoo! Finance
- Mullen Subsidiary, Bollinger Motors, Announces Pricing for the 2025 B4 Commercial Electric TruckGlobeNewswire
- Mullen Automotive Inc. Announces Reverse Stock Split Effective Sept. 17, 2024GlobeNewswire
MULN
Sec Filings
- 9/16/24 - Form EFFECT
- 9/13/24 - Form 424B3
- 9/13/24 - Form 8-K
- MULN's page on the SEC website