With some high profile naked short selling situations that have been busted recently by SEC, I see it is unlikely that naked short selling is done here. I think there is a few day trading done here so far.
ALSO in my opinion, those actions usually work for the companies that are not legit and do not make ever increasing revenue so short seller know there is no chance for a stock price increase and short squeeze. It is mostly done on the shell companies that only promise and don't have anything to offer. So, shorter are certain there won't be a short squeeze that make them lose their money.
This is not the case here IMO. ABQQ is a legit and revenue making company.
Steady increase in revenue and the fact that $CEO has spent over $400,000 of his own money to buy shares WILL draw BIG POCKET and savvy investors to ABQQ.
It is only a matter of time. IMO
$ABQQ
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