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RE: Hindenburg Research Shorts Mullen Automotive

in LeoFinance3 years ago

Remember being very confused when they actually let them go public last year – it just seemed like such an obvious repeat of the Nikola spectacle. Looks like another outright fraud, and even after having dropped a lot in price they're still listed with a market cap of $634 mill (hive has a market cap of $385 mill for comparison).

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If they are listed, they are traded. Some people like to gamble in markets regardless the fundamentals.