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Re: nickeli54 post# 4620

Thursday, 12/16/2021 3:39:07 PM

Thursday, December 16, 2021 3:39:07 PM

Post# of 20064
My cat is setting up a class to teach Fantasyland about the difference between Short selling (costs $2.5 per share to short) and Naked Short selling that is illegal and SEC is going after Hedge Funds and charging them millions of dollars for doing it. It happens to most companies all the time and ABQQ is not excluded. Here is one case that shows SEC is going after Hedge Funds and charging them millions of dollars.

Short selling mainly happens to the companies that are just starting and do not have much financial support/back up yet.

ABQQ stock price will go up when ABQQ solid financial reports start showing the revenue from the movie sales and other projects in the future.

"Naked short selling is unlawfully short selling shares that have neither been borrowed nor located."

https://www.natlawreview.com/article/sec-brings-naked-short-selling-case


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