Rabid-maniac - your point is that Global Hunter did NOTHING and Ping Luo did NOTHING? That cannot be further from the truth.

Ping Luo spent 2 weeks in Februrary, in the midst of this short seller's orgy, doing ON-THE-GROUND verification of 100% of a selection of clients that amount to 50% of revenue. Then Global Hunter took Ping's due diligence and re-issued a private research report with a strong buy recommendation.

The only thing Ping did not do, and which Global Hunter cannot do, was to perform the audit and generate a 10K report. Let Deloitte do their thing. To that end, Deloitte has not issued ANY comments due to legal requirement to not release ANY material information that could affect interpretation by the markets on the value or earnings of CCME, until such time as the full and completely signed-off 10K is issued. And recently, after Deloitte's audit process had been ongoing since DECEMBER 2010 - almost 3 months - Ping even went so far as to state she was told that Deloitte had not found any significant issues.

So take that as a warning rabbit - pay off your mortgage if you are in over your head on your short position, you might find your assets grabbed by your brokerage when the the halt is lifted and the short squeeze is on. GLTA.

Dude, I'm not saying there haven't been good short calls before, just like you can't say there haven't been good long calls.

You are generalizing and I don't see ANY reason to believe you until such time as you provide due diligence backup and reasons other than "well all the crooked hedge funds have paid the hack-shops to write hit pieces largely consisting of falsified evidence and innuendo, so since shorts are ALWAYS my FRIENDS I will ALWAYS SUPPORT THEM NO MATTER WHAT, and since shorts are all colluding right now on CCME, therefore, necessarily they have to be correct and it has to be true." That what you call following the herd. Herds of shorts can be right or wrong just as easily as herds of longs can be right or wrong. That is why due diligence requires paying strict attention to what the source of the verified information was - reliable or not - and how difficult it would be for the alternative hypothesis (of fraud) to exist in the face of the situation as it exists.

I don't dislike you as a person, I am attacking your IDEAS and APPROACH. Just because hedge funds "throw money" at short selling and "throw money" at paying for falsified articles from hack shops, that by itself does not make this particular company a fraud. In the long run the truth will be known by all, the 10K will be audited and released by the auditor voted number 1 in 2010, and you can bet they have been even more thorough than before. You can also bet that Ping Luo was more thorough than before, and you can bet that Star was thorough before they committed $30M.

Again, you seem to feel that EVERY short thesis, if it is picked up by several hedge funds and chop-shop hit piece writers has to be true. That cannot be further from the truth. There are SOME frauds jumped on by hedge funds, and there are other cases where the sheer collusion force of multiple hedge funds shorting instills nothing more than psychological panic. We will find out in a few days to a few weeks which case this is, and I DOUBLE DARE YOU, YAK, to come back to this board and make a post stating you admit you were wrong when the 10K comes back with solid earnings, verified $170M in cash, and investors bid this back up once the naked shorts are sucked up with a vacuum cleaner.

"it takes a lot to be a short trader, that is why short traders are rarely wrong when they spot a bad apple from a far."

Seriously??? SERIOUSLY???

You guys are just as wrong just as often as the next guy.

And "spotting from afar" is by its very definition not equivalent to the exacting science of due diligence. If you want to call it "blind betting", then be my guest, but you cannot call making decisions without verified and detailed sources of input either intelligent or wise.

If you were really a regular on the CCME board and had been delving into the due diligence reports on a regular basis, I would be more than happy to seriously consider your posts. However, since you are only casually posting that you are interested "from afar" - your interest is based on NOTHING more than purely because this stock IS being shorted by the FUDSTERS, then you are trying to essentially say, "I don't care if it is a fraud or not or how much due diligence was done, because all of my role-models have thrown MILLIONS into their smear campaign, their money will win this war and longs will lose".

That kind of attitude is what makes the shorts camp a very lonely place - you guys are both arrogant and ignorant at the same time.

That highly depends on WHEN the question is asked:

From your conversation on March 8 on the "ScalpSwingStraddle" I-Hub board, you replied to Nitwit's question, "what do you think about CCME", and you said:

"Short each intraday pop, every intraday hype/news is shortable, none of is sustains, clear example today"

I have no problem with anyone here.

However, I will call out and question posters' statements that *might* be an attempt at disinformation by newer members whose motives are not documented.

Right now the long's mood on other boards like Yahoo are fairly angry. One of the things I give I-Hub moderators great credit for is the ability to eliminate posts that are personal attacks and also posts that are attempts to spread lies.

So while someone like rabid-maniac doesn't get banned due to freedom of speech, at least they cannot resort to name calling like the shorts do on other boards.

On the long's side, I appreciate people like PDG who cut through the fear with a good argument for a hardline approach to trap shorts. This is not because shorts are inherently evil, but rather because (1) hedge funds are obviously involved in CCME with huge illegal naked short positions, (2) some hedge funds have obviously paid people behind the scenes to create falsified "research", which is BOTH illegal AND unethical, and (3) posters on other message boards like Yahoo and posters creating comments for SeekingAlpha have engaged in furtherance of spreading falsified information, in addition to derogatory and insulting language, and other psychological tactics of intimidation and harrassment which in my opinion are also unethical but very difficult to totally eliminate due to the ease of creating new anonymous internet aliases.

I think this board, which includes many longs who have been in CCME since mid-2010 and who have read every piece of due diligence, and which includes CPAs and CFOs of outstanding background from several companies, is very good at weeding through and separating the B.S. short seller's bashing from the valid posts.

However, right now many longs, holders of call options, and synthetic longs are paranoid due to the trading halt. In this case PDG is MUCH appreciated for his help in stimulating the board to stay confident about CCME and to remember that CCME management and Global Hunter are ALSO on the same team that we are, and they are engaging legal strategy to do everything they can to beat the shorts and support shareholders. Nothing wrong with that.

LPH: Future revenue estimates support accretive expansion. I'd been arguing that point like beating my head against a brick wall ever since earnings release in February.

"Word from the street" changes daily. EOM.

Niet: first post ever. Not very credible.

Deloitte didnt get to number 1 ranking by creating a reputation for abandoning their clients when all they are being asked to do is exactly the kind of job they were trained for.

Deloitte didnt get to number 1 ranking by creating a reputation for abandoning their clients when all they are being asked to do is exactly the kind of job they were trained for.

I don't see that comment either.

Roddy Boyd's dishonesty subject of many articles

"Roddy Boyd (Boyd is Deep Capture All Star; his dishonesty has been fodder for many of our stories)..."

http://www.deepcapture.com/how-activist-investors-david-einhorn-and-dan-loeb-brought-their-special-talents-to-bear-on-new-century-financial/

http://www.deepcapture.com/rocker-gradient-scoff-at-law-and-roddy-boyd-shills/

http://www.deepcapture.com/roddy-boyd-sucks-it-like-hes-paying-the-rent/

Here's a gem of a quote:
"Roddy spent a great deal of time working with a soon-to-be arrested criminal named Spyro Contogouris, who had been hired by a subsidiary of Steve Cohen’s SAC Capital, to sabotage, harass, and trash Fairfax Financial.
As mentioned, we have obtained a great number of emails between Cohen, Jim Chanos of Kynikos Associates, and others in the network that was attacking Fairfax. In one email, hedge fund manager Chanos writes to journalist Roddy Boyd, “your courtesy was a boon to me. Thank you!”

http://www.deepcapture.com/wp-content/uploads/2009/10/story-of-dendreon.pdf

And this:

"Canadian insurer Fairfax Financial, which has accused Third Point and various other hedge funds of betting against its shares, Reuters reports. The insurance company thinks Loeb, Jim Chanos and Steve Cohen all "spread disinformation... to a number of business journalists," as part of an "organized a campaign to drive down the prices of Fairfax's shares" because they were shorting the stock. Lawyers for Fairfax might demand testimony from Roddy Boyd, a journalist accused by the insurer of penning a series of unfavorable articles for the New York Post after "receiving information" from employees at the hedge funds."

http://www.businessinsider.com/dan-loeb-short-selling-lawsuit-chanos-cohen-subpoenaed-reporters-2011-3#ixzz1GUdZM27f

Roddy Boyd's dishonesty subject of many articles

"Roddy Boyd (Boyd is Deep Capture All Star; his dishonesty has been fodder for many of our stories)..."

http://www.deepcapture.com/how-activist-investors-david-einhorn-and-dan-loeb-brought-their-special-talents-to-bear-on-new-century-financial/

http://www.deepcapture.com/rocker-gradient-scoff-at-law-and-roddy-boyd-shills/

http://www.deepcapture.com/roddy-boyd-sucks-it-like-hes-paying-the-rent/

Here's a gem of a quote:
"Roddy spent a great deal of time working with a soon-to-be arrested criminal named Spyro Contogouris, who had been hired by a subsidiary of Steve Cohen’s SAC Capital, to sabotage, harass, and trash Fairfax Financial.
As mentioned, we have obtained a great number of emails between Cohen, Jim Chanos of Kynikos Associates, and others in the network that was attacking Fairfax. In one email, hedge fund manager Chanos writes to journalist Roddy Boyd, “your courtesy was a boon to me. Thank you!”

http://www.deepcapture.com/wp-content/uploads/2009/10/story-of-dendreon.pdf

And this:

"Canadian insurer Fairfax Financial, which has accused Third Point and various other hedge funds of betting against its shares, Reuters reports. The insurance company thinks Loeb, Jim Chanos and Steve Cohen all "spread disinformation... to a number of business journalists," as part of an "organized a campaign to drive down the prices of Fairfax's shares" because they were shorting the stock. Lawyers for Fairfax might demand testimony from Roddy Boyd, a journalist accused by the insurer of penning a series of unfavorable articles for the New York Post after "receiving information" from employees at the hedge funds."

http://www.businessinsider.com/dan-loeb-short-selling-lawsuit-chanos-cohen-subpoenaed-reporters-2011-3#ixzz1GUdZM27f

Shady journalist Roddy Boyd investigated by SEC

http://www.deepcapture.com/roddy-boyd-sucks-it-like-hes-paying-the-rent/

As someone who has been through three annual rounds of the Milton Wall Street Game, "Risk-on, Risk-off", I can tell you:

(1) LPH has been in business wholesaling oil since 1995 with the same CEO, and their oil is real. Period.

(2) Fear is dominating the market right now and prices are irrational. Take off your fear glasses when you spot a ridiculously cheap stock like LPH with an indisputable growth model and excellent track record for accretive expansion.

(3) Trust no one. Everyone sells their own story, and if they are in cash, they are looking to spread Fear Uncertainty and Doubt (FUD) as much as their patience can stand posting negatives about their most attractive stocks until they think they can buy at the absolute bottom.

Delete duplicate post

Disingenous traders incite panic: "Sell Everything Now".

Of course, they are sitting in cash hoping people take the bait on the day of the triple cross: CCME trading halt, Japanese tsunami, and China inflation card no. 3 just played.

My advice: tomorrow is a new day. If you sold at the absolute lowest point in triple black cross events, well, you were duped.

Somewhere out there, probably a lot closer than you think, sitting on the other side of your losing trade a cash-holding trader just got that 40 percent off sale he's been waiting all year for.

So yeah, trust no one.

During halt, please complain to SEC naked shorting

During the trading halt, please do your part and submit this form to ask the SEC to investigate CCME naked shorting NOW:

http://www.sec.gov/complaint/selectconduct.shtml

During halt, please complain to SEC naked shorting

During the trading halt, please do your part and submit this form to ask the SEC to investigate CCME naked shorting NOW:

http://www.sec.gov/complaint/selectconduct.shtml

RegSHO keeps ticking while the music is stopped?

If the clock doesn't stop, then I think the naked shorts are cornered here. Could be a dam buster coming soon.

RegSHO keeps ticking while the music is stopped?

If the clock doesn't stop, then I think the naked shorts are cornered here. Could be a dam buster coming soon.

Meanwhile hit pieces are fruitless, LOL.

But I do have to figure how to explain to my significant other that "the farm" has been halted, LOL.

CCME 76% float short; halt so SEC investigates/stops the OBVIOUS illegal naked shorting? That's my conspiracy theory and I hope it is right.

About time for a good financial law firm to jump down the market makers and big hedge funds collusion on naked shorting once and for all.

CCME 76% float short; halt so SEC investigates/stops the OBVIOUS illegal naked shorting? That's my conspiracy theory and I hope it is right.

About time for a good financial law firm to jump down the market makers and big hedge funds collusion on naked shorting once and for all.

Out of dry powder for LPH until CCME releases trading halt.

I am hoping that CCME releases the halt on Monday and the stock soars by 45 percent to $17/share which is still a dollar below the pre-hit piece PPS.

Then I will sell some CCME real quick and double down on LPH.

Never seems to work that way as the traders in CGS are all in the same stocks at once so when CCME goes up everything else does too.
I'll have to be quick at the draw if that happens when CCME earnings are released, LOL.

Etrade LPH charts show trades at these intervals:

BUYS:
151.88K at 12:23
144.87K at 12:24
95.52K at 12:25
417.69K at 12:26

Then a sell:
212.80K at 12:27

Then more BUYS:
281.26K at 12:28
426.96K at 12:29
434.75K at 12:32
217.77K at 12:33
449.15K at 12:35

then 2 sells:
224.48K at 12:37
230.82K at 12:38

Then more BUYS:
223.57K at 12:39
242.07K at 12:41
259.37K at 12:44

Total buys in 16 minutes = 3.3M shares, about $6.4M USD
Total sells in 16 minutes = 0.67M shares, about $2.7M USD
Net buys minus sells = 2.7M shares, about $5.1M USD

LPH: someone bought 2.6M shares 5M USD.

Someone is bargain hunting with an elephant gun!!!

My personal opinion is someone has inside info. on an acquisition

LPH: someone bought 2.6M shares 5M USD.

Someone is bargain hunting with an elephant gun!!!

My personal opinion is someone has inside info. on an acquisition

Guess E*Trade charts are wrong. I saw a two minute dip to $1.70 when a single trader sold almost 3/4 million USD, about 50 times the normal trade volume.

LPH: HUGE buys going through at $1.96

I think you exaggerated that by 45c.

Guessing CCME INTRADAY earnings release, IMHO.

But no way to change your bets now. GLTA.

LPH: SalePPS, noNeed 2 bash. Traders = Traitors. EOM.

LPH dipped below $2 - ETrade marginability limit.

I reluctantly sold about 7 percent of my CCME position to get rid of my margin balance completely since the market is in turmoil and I don't want a house call.

VERY confident on future but stressing w/shortie LIARS.

Why can't they all just leave and go play in a busy road?

They've made some decent profit, so just cover and find another stock to bully that isn't so undervalued and ready for a great earnings and 10K.

Game over, let the longs back in the park to play their ballgame now and earn some $$$.

Jtruthmatters: All your CCME posts spread FUD. BUSTED.

YMB: bumped positive posts on top 2 pages.
I guess I have more spare time than I thought, LOL.

Overall market sentiment another factor affecting what happens next for CCME:

(A) If general markets are doing alright (not crashing), when the 10K is released, CCME should go up.

(B) If general markets keep tanking during the same period of when earnings are released, CCME might not go up on earnings, or might go up by a dampened factor of maybe a buck or less, then fall back slightly. But in Case (B), this is at least better than having your money in other stocks that could tank worse on no news combined with a general markets downward trend.

I guess this is one reason to hold options instead of a long postion, so that you can sit on more cash for this type of situation and just wait for the future to exercise. Then again you can do that with a long position, too, but it "feels" worse.

NOT Carson; someone used his photo for avatar.

I signed up in 30 seconds for a free acount and looked at all of the guys twits -- he was actually long CCME a few months ago.

Quotes:

"@herbgreenberg Your disaster du jour missed the rebound in CCME..Nice job!"
Feb. 4 at 9:13 PM

"So you belief Carson Block who is banned from Wall Street over Deloitte & Greenberg? GLTY! ps: not that cnbc idiot Herb!"
Feb. 4 at 9:09 PM

"If MW was SO sure about their hitpiece..."
Feb. 4 at 9:00 PM

"Stay patient on your $CCME shorts, LOL Monday those retard shorts will meet Jacky! 17$? Low price target !"
Feb. 4 at 8:56 PM

"$CCME: I would like to thank superman for this!!!!!!"
Oct. 15 at 7:54 PM

"$NEP & $CCME are my long plays )) @Legacy_trades: I thought you were long $NEP? What happened? Oil is money!"
Oct. 1 at 9:23 PM

Added to LPH, best price since last summer.