Hey guys so literally after i uh, i recorded that there was a change to uh the short interest data and the reasoning behind it. I was sort of confused uh or text did clarify tweeted at them. You can see this here and literally right after i tweeted adam they uh. I came over their twitter and i saw this uh pretty much at the exact same time, uh saying following prospectus for sale of up to 228 million shares of common stock finally showed significant increases to both shares outstanding, and the number of shares excluded from free float Shares outstanding has now increased to 188 million, with free float of 82, which has then changed the data.

So with that being said, uh i think it's important to be able to to look at this and speak about it, because that does change the game. This. This company has gone through crazy growth from 52 cents to where it is now uh and because of that, the company diluted. I still think this is worth talking about uh for two main reasons: one the stock is still green right.

There are probably people out there. Still playing it, uh number two is because the numbers were so absurd. I mean, if you look at the data you're gon na see 500 percent plus uh shares on loan free floating you're, going to see over 200 short interest of free float. Those are not a coincidence right and honestly that uh this is going to end up being sort of a short term, a short term, not long term.

I'm not talking fundamentals, a short term momentum, uh swing right. This is going to change the outlook of how this kind of moves so keep it on the back of your mind, right watch this stuff, but i did want to talk about that regardless uh, just so that you guys are up to date with the most information Possible - and it doesn't look like i'm just uh - spoofing a bunch of crap, so i continue on with the video. You know this is still relevant information. I think it is important, so uh that's kind of what i've got yeah.

You guys want to see the stupidest thing that you've seen all day. It's not even the price action on this today, it's uh! It's it's actually right here, holy freaking, piss, that's absolutely nasty guys! Welcome back to trace trades hope, you're all chilling. It is your boy! Trey back again for another freaking video i'd like to purchase myself manifesting five financial advice. Do what you got ta do uh, they would say the greatest stuff, let's get into the video.

So today, i'm gon na be briefly touching on ticker symbol, mulan, mullin uh. This will actually be my final update on the ticker, as i mentioned before in my previous video. I do not have a position in the stock and i will not be grabbing a position in this stock because i want to have no uh financial conflict of interest in the least bit talking about this thing. It is a 22 million share, float stock, so keep that uh in the back of your mind for what it is, but nonetheless uh.

I wanted to touch on briefly something that i had mentioned in my previous video. I have one prior video talking about this stock. It is right here if you'd like to watch it, it is called mullen. The most blatant market manipulation i've ever seen, and in that video we talked about something uh, pretty pretty clear as day uh bad news, and it is a form of market manipulation that market makers are able to utilize.

What is this tool? These guys have market makers. In case you do not know, are the liquidity providers. They essentially just are able to move large amounts of money in one direction or another. They are able to use a tool called short exempt volume.

Now, to put this very simple right: i'm not going to dive into the nitty gritty details right now, but short extent, volume allows them to create naked shorts or shares naked shorts synthetic shares right. They also have an obligation within six days to be able to identify those shares and or locate them so six days to deliver, essentially acting as a failure to deliver uh six days to deliver these short exempt shares and they're able to do this short. These shares on the downtick right, so this is meaning that it's short sale restriction exempt. Well, obviously, in my previous video, i talked about how 100 of the float had short exempt volume at one point or another.

If you want to watch this right, it's right here. This is a nine and a half minute video. I think it is well worth your time to understand why the stock is moving, the way that it is and uh the proof is in the pudding. There's really uh nothing else to say about the stock than just looking at the current estimated short interest of free float at 216 percent as of right now now.

What does this mean? It means that literally more than 100 of the float is currently shorted into this stock. One can only imagine that that is because of the short exempt volume. That is what i would presumably uh start to ask questions about, but there's also another piece of this ticker which could be contributing to that overall wild wild number, and it is the options chain now keep in the back of your mind that options are risky. I'm not here to tell you what to do.

I'm not here to tell you to buy, sell uh stock or options in this play. Uh merely to point out some observations, and the main observation that i have right now is that there could be potentially uh a lot of the float that runs in the money only because of the options chain itself. Not even considering the fact that uh there's a crap ton of shorts that have piled into this thing, you can see 29 000 open interest at the one dollar strike, which is likely already hedged for. You can see 39 000 total open interest at the two and a half dollar strike which could get hedged for as this continues to run, and in case you don't really understand what that means.

Think of hedging, essentially as uh as as the the dirty market makers and hedge funds, who who well, i suppose, market makers do this. The dirty market makers, who got to essentially buy stock uh, because retail and or some institutions who play those strikes are winning. So if you're gon na take those 40 000 contracts at two and a half bucks right, the two and a half dollar call strike if all of a sudden the price starts running up, and it goes above that break even price. You're gon na see a large influx of buying start to happen right above that break-even price by market makers.

Now this is what gets beautiful right. Remember that there's 200 of the float currently being shorted into the stock, which i had alluded to in my previous video and all of a sudden not only are getting this huge influx of buying right here, which is going to push price up exponentially. But you have a whole bunch of pressure on these short positions. Well then, what kind of happens you get? This feedback loop, buying sort of causes? Hedging hedging can begin to cause short covering short covering, can start to create buying, and you get this feedback loop of potential uh infinite amounts of short squeeze opportunity right and we're in the buying to hedging phase right now, and i don't really think you've seen a Whole lot of the actual shorts begin to cover positions, but you can see that the price action you know has, at the very least, been indicative of uh, a fair amount of buying pressure coming from both retail investors, presumably and hedging of calls from out the money To in the money that is actual market maker buying, that uh begins to happen.

To be completely blunt, to be real with you guys, i don't know how they can even buy all these shares. I mean if you look at those 40 000 contracts that could potentially run in the money at two and a half dollars alone, not even considering the fact that more than 100 of this float is currently shorted into the market. But you look at the two and a half dollar strike at 39: 000 total contracts. You multiply that by 100, by which, which simply just means that hey one contract is worth 100 shares.

So if there's 39 000 total contracts, you multiply that by 100. All you have to do is add two zeros that sums out to 3.9 million shares. This is already nearly a quarter of the float in a single strike and that's not considering any of the other dates any of the other strikes. This can add up really really quick right.

So all this to say my friends, this is an instance in which i personally believe you're gon na see these guys get clapped pretty hard. The market makers, the actual bad guys, were able to allow this sort of stuff to happen in the first place, but there's a big piece that i want to be able to save for this right uh. At the end of the day, i don't have a position in mullen, i'm just watching out for what i personally would do. If i did have a position, uh be careful to take profits right, make yourself some money if you're looking at technical levels on this right now, the big overarching theme, as you can see.

I just rejected off this. I'm watching this in real time. Right now, uh is this rejection at about two dollars and twelve cents if it breaks over to twelve, take it level by level by level. Hope is not a plan right, have a plan, uh have an entry plan and have an exit plan for this stock.

Please please please just secure the bag, especially if you are buying up here in that buck. 50 bucks. 60. Bucks.

70 buck 80 range two dollars to 10 to 20.. Just have a plan if you are playing it for uh the momentum that is presently happening. This could get out of hand really quick right. There is a lot of opportunity here, uh in terms of where this stock can move in the short term, with the amount of momentum that you are currently seeing with the amount of uh, you know call options that could potentially run in the money.

The amount of hedging that could happen and last and probably the most important, is the short positions that are presumably created by these market makers. Right, if you want to see a really in-depth analysis in terms of how market makers are able to do this, i really do think this is the video to watch right just come check this out mullen the most blatant market manipulation i've ever seen. I think you're gon na walk away understanding how this crazy situation was uh sort of birthed in the first place because don't get it twisted. This is uh.

This is one million percent, the fault of some greedy greedy rich people that decided to dig themselves a hole. Thought they could get away with it and they got busted down on by retail retail. Looked at this thing and they said: hey look, you know i. I don't know why this short exempt volume is the way that it is.

I don't know why these call options are the way they are. I don't know why this has gotten shorted down from 16 bucks, all the way down to 52 cents, but i'm gon na absolutely pound town these down into the shadow realm. That is one million percent uh. What you saw happened.

So i mean this is a i got. Ta say i got ta say sitting on the sidelines and spectating this spectating, the glory uh that is, is playing out in front of our eyes. I am very happy to watch uh some some bad market makers and some bad actors and some bad names get clapped. But i want you guys to walk away, not getting clapped yourselves.

So watch yourself right. If that means, you have a stop loss at a stop loss, if you don't like stop losses, just have a plan, that's it at the end of the day, watch out for this gap phil, i think if it does any form of retracement today tomorrow, it is Probably going to come down to a buck 40 try and tap down there maybe get some form of a retracement, but uh just watch technical levels right. Each one take a take a mark at a time take a hash. At a time you see a breakover two and a half bucks.

I think it's gon na be lights out. You know, i think you see this crossover, 15, 20 cents above two and a half bucks, uh, you're gon na know, there's a world of hurt in for the shorts that are uh that are piled into this thing and uh you're gon na see some heavy momentum Pick up real, quick, that's where a lot of a lot of hedging is gon na take place so be watching. For that, that's what i've got for uh mullen! This is gon na, be my final update, i'm only gon na be talking about. This is my second time now for a dedicated video uh.

The rest is on you right. The rest is on you. I just wan na be able to cover what i think are some important things, and there is some form of urgency with those call options right. So if you see those expire worthless, just know that in the short term that is going to affect the ceiling, how high this thing can run in the uh and the immediate right, i'm not speaking any about fundamentals, i'm not speaking any about this or that pit.

For pat ah, but just keep an eye on the data right, that's it at the end of the day for this beast. So that's what i've got for mullen. Uh, we'll keep you guys updated with some other stuff, but this will be my final update for this uh and yeah. That's that's! That's about it! So happy baby catch you on the next one.

I appreciate you all much love like taps. Peace.