$Paranovus Entertainment Technology (PAVS.US)$ anyone can explain?

$Paranovus Entertainment Technology (PAVS.US)$ what happen？

$Paranovus Entertainment Technology (PAVS.US)$  i lost rm2000+

$Paranovus Entertainment Technology (PAVS.US)$ 🔥 6 - K 🔥
This is an INSIDER BUY — Not a Public Offering
The company sold 40,000 Class B shares to Happy Group Inc., which is 100% owned by the Chairwoman, Minzhu Xu.
This is the Chairwoman personally putting more money into her own company.
That is insider confidence, not insider exit.
⸻
She Paid a PREMIUM — 150% of Market Price
Purchase price: $3.09 per share
That equals 150% of the Jan 8 closing price
This is extremely important psychologic...

$Paranovus Entertainment Technology (PAVS.US)$  Just wait… this will gap up BIG soon!
FLOAT is 67K
82,940 Shorted Shares

Hello mooers!
Last week, U.S. stocks came under pressure amid thin trading volume at the turn of the year, compounded by the release of the Federal Reserve's latest meeting minutes which revealed growing divergence among policymakers regarding the path of future rate cuts. For the week, the $Dow Jones Industrial Average (.DJI.US)$ fell 0.67%, the $S&P 500 Index (.SPX.US)$ declined 1.03%, and the $Nasdaq Composite Index (.IXIC.US)$ dropped 1...

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$Paranovus Entertainment Technology (PAVS.US)$ i loss almost rm5k

$Paranovus Entertainment Technology (PAVS.US)$ at this point idk if i should take loss or just hold avg 5.5