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lol, yeah that is odd. The guy keeps attacking a cartoon avatar. He acts like it’s your actual photo
Oh they’re doing much more than watching boards like this one. They hire people to actively bash and post dishonest crap to drive price down. What happened here is that a few months ago when the price spiked to a 52 wk high of .0035, short bets were placed. These shorts then sent a handful of paid bashers to this board to churn negativity to bring down to where they want to buy back. It works in the otc because “investors “ here are very short term in their orientation and bolt if price stalls for a bit. Those same short-term flippers selling off whenever it rose above.0025 are part of the reason it never broke .0030 again. Had they held, it could’ve gone above 1 cents and the shorts would’ve had to accept defeat
And on top of that, the CEOs own share buyback cost basis is around.0020. Which makes the current price even more insanely undervalued. Good news and fundamentals don’t matter as much as momentum in the otc it seems. Especially with aggressive short manipulation.
That this is trading below the CEOs own buyback cost basis is insane
One way to determine if an otc stock is under/over valued, is to compare to others trading in different ranges.
Compare ABQQ revenue growth to stocks currently trading around 10 cents, then compare to other sub-penny stocks. Which group, based on fundamentals does it belong with?
This is why I say abqq is severely undervalued. Its current price is non natural, but the result of manipulation. But the manipulators hold can be broken if investors stop short term flipping out of fear, and let it rise out of their grasp.
In the longer term depending on business I agree.
But should be trading above 10 cents right now based on revenue and business deals. Just compare to other companies trading in that range currently.
Of course any big business deals secured that would generate steady high level revenue + accelerated share buybacks could realistically send to dollars sooner than expected. Who knows what may be cooking on that front, but we know Q1 revenues will make this skyrocket in April.
Just frustrating because it should have already happened based on consistent good news for past 3 consecutive months
lol, no one posts this much on a stock where they have no position. You’re obviously short yourself or working for someone who is.
Your posts are bs. You keep attacking the character of the ceo, calling him a scam artist, pretending to have some dark insight into his character or history. But you can’t actually quantify your accusations. Just the typical basher with an agenda. Likely a short who fears another rise above.0030 might never come back down.
lol, there was literally a 10q dropped a couple of weeks ago that showed 330% yoy revenue increase for the period. You’re spewing falsehoods
We already got great revenue news followed by share buybacks and it’s only fallen since. If you’re an investor looking for otc stocks based on fundamentals and management, abqq is one of the best you can find. Good business deals secured, good revenue increases, ceo following through on plans.
But it doesn’t matter so long as the manipulators have it captured. Only way this stock will ever rise is if large and rapid influx of buyers overwhelms their downward manipulation and causes it to break through out of their reach, at which point they’ll fall away. I suspect .004 is the magic number. Then it could rise very swiftly to pennies.
There’s actually a ton of info and articles about paid stock bashers and manipulation. I’d advise posters here to do a google search today and educate themselves. The tactics they’ll read about will look very familiar to anyone following this board lately.
For anyone wanting to understand what’s happening here with abqq and other otc stocks, simply Google search “paid stock basher”
Yeah, given the share buybacks + 10q from last week showing 330% revenue increase, and the next 10q projected to be even stronger, should be closing in on 10 cents, if not for the manipulation
It’s actually a great price, if your time horizon is over 2 months, vs the 2 day time horizon of you flippers
It’s being manipulated. Space1230 gave a good explanation of how a couple of days ago. Organized group who’s interests are represented by bashers here, buying in the teens and selling in 20s to make $ by flipping cheap shares. If it runs away too high, these cheapskates are gone as it’ll be too rich for their blood, then will enter another group willing to buy/sell at higher price, like the ones currently manipulating spzi.
They’re otc predators. They find a stock w good news that looks like a riser, then pounce on it and start bashing and flipping for quick buck. It’s why abqq, spzi and others stocks aren’t able to rise to a price reflecting their fundamentals. Need to make it to nasdaq or nyse to attract different kind of investor
It’s especially bad when the lead manipulator is a mod, and uses that position to routinely sticky misleading posts at the top of the site to scarecrow away potential investors browsing. Hence the constant string of loud but nonsensical negative buzzwords, strung together in that particular persons postings.
Don’t understand the short term gloating of the bears right now. Unless you’re privy to a change in ceo strategy that hasn’t been posted, share buybacks are a virtual certainty this week, especially at these prices. And you know what’s going to happen when the next form-4 drops.
Only reason it’s dropping now is that otc flippers have short term orientation and care about momentum over fundamentals. But the actual revenue and business fundamentals haven’t changed.
He just strings together hollow negative sounding words, to go along with a cocksure tone, in order to dupe unsophisticated browsers into thinking something is wrong. But of course his rants lack substance to the knowledgeable and are often simply dishonest
It’s insane to me that anyone would sell below, or at .0020 when the CEO of the company has himself been buying in the open market at that price, without the ability to sell for several months.
Extremely bizarre that two consecutive months of nothing but good, legit business news, and recent filing showing 330% revenue increase over same period last yr, this is still being held under a penny somehow
Another form 4 showing ceo is genuine in stated plans, by buying back tons of shares he legally can’t flip for 6 months. And this on the heels of 10q showing 330% period revenue growth.
This stock should realistically already be trading in the pennies.
If can get to even.50 - $1 without RS, it’ll be a success. If it can achieve $3 without RS it’ll be total home run. And after taking profit, I’d still hold some for nyse price appreciation
They may indeed come to know you, if you continue to spread the lie online that CEO is breaking the law by selling restricted shares
Mere news of 250m share cancellation caused this to spike up from low of 16 to 23 pretty quickly. When form 4s hit, this will go up into pennies quickly.
Feel sorry for those who were frightened into dumping earlier when it was falling
LOL at “already baked in”. Share buy backs are all people ultimately care about because they know it’s impossible to get to $4 organically, no matter how good the news, due to short-term flipper mentality of otc traders. More form 4s are THE thing that will determine if CEOs stated nyse goals are legit or a “scam”, because it involves putting his own $ on the line. And he legally can’t sell or profit short term.
CEO legally can’t sell for 6 months. You’re getting desperate if you’re resorting to lying and accusing CEO of jailable criminal offense w no proof.
We’re it mere words, verbal claims of wishing to go to nyse, no one would pay it any attention. But putting his money where his mouth is, by buying back tons of shares himself, is the critical difference. Shares that he can’t sell for 6 months. It’s impossible to accuse the bulls here of being gullible “bag holders” when the ceo is the biggest bag holder. Unless you bashers think he’s conning himself, lol.
Maybe it’s ultimately too ambitious, maybe there are barriers he didn’t sufficiently calculate. But him putting his own money on it and not having the option of dumping like the rest of us, shows that he’s genuine in his stated nyse goal.
Were he to get some reasonable % of the way there, say $1-3 per share, before realizing need to RS for $4, no one here would complain. Especially considering it’ll continue to appreciate after uplisting.
Your bashing never has any substance. Just hollow trolling and slogans
ABQQ is perplexingly undervalued, by a mile. Nothing but a steady stream of good news for the past month should have had this at 2-3 cents, even before yesterday’s 10q. The financials showing 330% yoy revenue increase should have it speeding toward 5-10 cents.
Either otc traders are hopelessly short term oriented or there’s been some deliberate manipulation. But if it better enables the CEO to buy back on the way to $4, it’ll work in the long term
Just glanced at 10q. Huge yoy revenue increase from same period last year.
Batman has become Two-Face
Bashers and temporary dips don’t matter in the long run, only good revenue news.
Part of the reason for today’s dip I suspect is people selling to chase spzi. Another stock it should be noted, who’s board has been full of determined bashers and has seen huge recent dips. Then good news dropped today and it shot up through the basher noise. Same is coming for abqq soon. Pity the fools who sold out of either when it was down. The wise bought
This is exactly my sentiment. I don’t mind if CEO eventually needs to RS to cross the $4 threshold, so long as it doesn’t occur before .50
Form 4, 10q, and business deals secured are the only things that ultimately will matter. And it looks promising so far on those fronts.
All else is bs chatter.
Relatively new to the OTC investing, have mostly avoided them. But this is the rare one I’ll take a chance on. I pay no attention to the mindless “rah rah it’s goin to da moon” pumpers, nor the “it’s a scam, it’s a scam” bashers.
Just legit news of revenue generating deals SECURED. That’s why I’m in abqq.
I do find it a bit odd when I come to this board, 1st thing I see is a silly “welcome to this abqq Chinese scam” stickied at the top. Perplexed as to why such a dishonest, hollow, “scarecrow” post is allowed to linger so newbies are scared away before they can read the facts
CEO buying tons of shares is no small thing. Repeatedly public pronouncements of intent to go nyse while buying shares he can’t sell for 6 months is big