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Kinda like WBX, huh?
The only way for them to stop dumping is to actually make a profit, and I don't see that ever happening. The fact that it is a one man show at this point says a lot.
No worries. True, they did have $1.1MM in revenue. But if you can't even make a gross profit, why bother? I can see if you have a net loss because of SG&A expenses.
I don't know why Ding keeps putting money into this thing. Just let it die already.
It's funny how once the 8-K was filed that said Ding Dong had to bail ABQQ out (again), all of the chatter stopped. Looks like the flippers moved on already..
First of all, what do you mean by "made 1.4m within the past 6 months?" Is that revenue? Net income? I'm looking at the last 10-Q filed and don't see that anywhere.
So, let's talk about the last 10-Q filed. For the nine months ended May 31, revenue was $1.1MM in 2023 and $2MM in 2022. That's almost half. Gross loss was $1.5MM in 2023 and $238K in 2022. A huge increase. Net loss was $2.9MM in 2023 and $1.8MM in 2022. Another huge increase. The bottom line is that ABQQ has no idea what they are doing. Unless of course, losing money is their objective.
Then there's the 1.174 BILLION shares outstanding. And the OS is only going up. Way up. Issuing shares is about the only thing ABQQ has been able to do successfully.
The reason they keep selling shares is because their operations can't make money. Having a net loss is one thing, having gross losses is another. Now it looks like they can't even sell shares. Why else would Ding Dong have to put $1.5MM into it? He doesn't care about the dilution, ABQQ still has 8.5 BILLION shares they can issue.
It's one man band over there, and it shows.
For those new to ABQQ, let me tell you some things about them.
They are as wishy washy as they come. The whole RS bit? They've stated not once, but twice now that they were going to do a RS and then said they weren't. There's no way in hell they get out of trips or the pinks without one.
Ding Dong has absolutely no integrity. None. How can you tell? A lot of turnover in multiple areas. Like auditors. There have been several over the last few years. And, let's not forget CFOs. They are on their fourth in like 2+ years. To top it off, 2 of them have been close family members (lil sis and sonny boy). When close family doesn't want anything to do with you, that says everything.
ABQQ isn't going anywhere price wise. Sure, there may be a few bumps along the way where you can make some money flipping it, but that is about it.
All that news....and it still down.
You called it. Sub $1.00.
Hate to break it to you, but you've got 8 posts on this board. I've got over 1,000. ROFLMAO!!!
That is hilarious, because the stock price is down. I see your golden touch is still in effect. Every stock you invest in goes down almost immediately.
Maybe. But, ABQQ isn't going anywhere. This is the second time they've talked RS and then taken off the table. There is no way they ever off the pinks without it.
Give it 72 hours, then let's talk. ABQQ isn't going anywhere. All it has done is go down the last 2+ years. In that time the OS has gone up over 700MM shares. There's a reason ABQQ is trading where it is.
ABQQ isn't going anywhere. This temporary volume and price will be gone by the end of the week.
And, this year's pumper of the year award goes to someone who needs no introduction. The one, The only.....KngmAz. Let's hear it for him. Congrats.
You called it. But, the reality is that ABQQ will never get out the pinks without it. We've both seen, the temporary high volume won't last and the stock price will be back down to $0.0001 in a few days.
How much did they have to pay to get on Fox? I'm sure it wasn't cheap.
I almost hate to do it, but......DING DING DING!!!!
The new 52 week high is a measly $0.0038. I told you it was going to fall fast. ABQQ has now been in the low dubs for over a year now.
LOL!!! You have absolutely no integrity. In an earlier post you said you got out weeks ago, yet posted that you got in like 9 days before that post. So, I am going to have to assume you had a huge loss. What am I basing that on? Your history with stocks like $ABQQ, $AAPT, etc. The list is way to long to post.
Ding Ding Ding. New low for the 52 week high. It is now $0.0066. And going down faster than a meteor headed straight for the ground.
The Fantasyland Accounting Department can't make this up.
We all know what a spike is. It is a pointy thing. Meaning, it goes up....and comes down. Not what you really want in a stock.
This is why this poster is absolutely full of sh!t and never tells the truth.
On 8/22/23, he posted "Great stock. Just got in this morning. Going to be a fun upwards ride. Huge potential with SIDU - HUGE!!" That is 9 days ago. So, how could he have "bailed out of it a few weeks ago." It makes absolutely no sense. None. If he got in when he said he did, then there is no way he made money. He's nothing but a pumper and cheerleader who just plain lies.
Ya, I'm sure the guys who shorted at anything above $5 are really worried.
We all know what a spike is. It goes up....and comes down. So, unless you sell when it peaks, you really aren't making any money.
Still isn't looking good. Not surprised since you are invested in it.
Why don't you tell everyone how you bought SIDU last week at $0.22 and it is trading at $0.13 right now. On a percentage basis, you are down even more. Talk about an idiot.
You better hope so. You are down big since you got in around $0.22.
Will give credit where credit is due. ABQQ did try to make a run of it. They just need to do a massive RS and start over.
ABQQ ran all right. Right back into the ground. I told you the pump would be short lived.
I guess the stock price isn't important to you. Most investors want to make money. I see you know how to pick them just like good ole BFEKnmAz. AMC is a great example of that.
If you are referring to the scoreboard (stock price), name one thing that is more important. Just one. Because the stock is down 9% right now.
Let's see here. Your first post on this board was on 8/22/23 close to opening where you said you just got in. It opened around $0.22. It's trading about $0.13 right now....and I'm the idiot....
BWAHAHAHAHA!!!!
Scoreboard!!!!
Oh, it boomed all right. That's why it is down 5.31% right now, and down almost the whole day.
The only thing that matters is the scoreboard (stock price).
You are a complete dumbass and have no idea what you are talking about. And that's with any stock, not just this one. Everyone either knows it already or will very soon.
Scoreboard shows this down 10% already today. That's on top of what it was down yesterday. Ya, you know what you are doing.
Hey everyone. Better sell now before the stock price is back at $0.0001. The temporary pump won't last very long.
Just stop with the pumping. The stock went down 15%. You are a complete loser who has no idea what you are doing. It's obvious to everyone on every board you go to.
Don't bother with this pumper/cheerleader. He's a hack who has absolutely no idea what he is doing. It is very obvious. He keeps talking about how the stock went up, but it lost 15%.
Well, looky here. Looks like good ole ABQQ diluted a whole bunch more shares. I can't believe anyone is still interested in buying this garbage.
Feel free to define "a huge amount of additional shares."
Posters, you will quickly see what a clown KngmAz is.