China MediaExpress Holdings, Inc. (fka CCME)

[derek2000]

CCME- Short Interest.

Love the fact that CCME's short is up while PPS is up big time.

One thing is for sure. All shorts have to buy back at some point of time. Let me do the math for the shorts: 4.44 m shorts as of 9/30 = 50% of the float. Together with the buy back (30% of the float), CCME has a huge, growing investor base.

Here are what I see over the next few weeks:

Phase 1: PPS goes to $15. A small short covering + on going share buy back + some fund buying + continuing retail interests over next two weeks are the catalysts for the stock to go to $15.

Phase 2: IBD chart. When CCME's PPS goes over $15, it is likely to go to IBD chart. Couple with the upcoming earning, we will see huge interests from retail and institutional investors.

Phase 3: MOASS: mother of all short squeeze. CCME will be traded at 25 to 30 before we know it.

Among all the Chinese stocks, CCME is the one with most likely BORN like explosions.