China MediaExpress Holdings, Inc. (fka CCME)

[GorillaGorilla]

Company can't buyback in last 30 mins (normal volume) and 10 minutes for high volume.

Hence they can't, by themselves, dictate the pps movement.

Don't know if that's us? public float value below $150 million that would mean not last 30 mins whatever volume.

There are a number of rules to stop companies manipulating:

http://www.investopedia.com/terms/r/rule10b18.asp

* Manner of purchase: The issuer or affiliate must purchase all shares from a single broker or deal during a single day.
* Timing: An issuer with an average trading volume less than $1 million per day or a public float value below $150 million is unable to trade within the last 30 minutes of trading. Companies with higher average-trading-volume or public float value can trade up until the last 10 minutes.
* Price: The issuer must repurchase at a price that does not exceed the highest independent bid or the last transaction price quoted.
* Volume: The issuer can't purchase more than 25% of the average daily volume.

rich