At the risk of excessive optimism, it may take an actual malfeasance to bring YONG back to low $5 range. When a legit stock is driven down to a $2 forward EPS by unsubstantiated fear, it is arguably at a bottom.
Evidence of legitamacy (e.g. convincing response by mgmnt.)could take YONG much higher (~$10, imo) from where it bottomed yesterday (Wed.). A note from KPMG, as example, could take us closer to the target price of $14, a PPS that has considerable risk already baked in. That's the shorts' catastrophe scenario.
Shorts are betting on another shoe dropping, which may not happen...
There has been no fraud proven with CAGR. Allegations have been made by short sellers and Nasdaq has asked them to provide a plan of compliance to file the 10-K. THAT is why the stock was halted - not fraud, but the fact they were delaying the 10-K due to switching auditors. Their Board of Directors has formed a Special Committee to deal with the allegations. If this committee does things right they can put the thing to rest once and for all. It would be in their best interest by far to do this - one can only wait to see.