China MediaExpress Holdings, Inc. (fka CCME)

[systrader]

CCME and the rest of the "story"

Hey guys. I was going through an old article from last week and ran across the one from James Brumley who has previously posted negative articles on CCME, where he recently stated this:

Was it a short-covering rally for China MediaExpress Holdings Inc (NASDAQ:CCME), or was it deserved? It may have been more of the former than most buyers care to admit. Short interest in CCME fell from 44.4% to 34.3% over the last two weeks of October. As of the last look, there are 3.558 million shares of China MediaExpress Holdings still being held as a short position.

http://www.smallcapnetwork.com/The-Rest-of-the-Story-on-CYCC-CCME-SNSS-DCTH-DRYS-ANDS-SMT-EDAP/s/article/view/p/mid/2/id/336/


Can someone with the institutional purchases info post a response to his article and refute his assertion that it short covering, but in fact it was real heavy institutional buying and the price appreciation was WELL DESERVED?

I see that he has a current dialogue going on about CCME with someone.

Thanks.