China MediaExpress Holdings, Inc. (fka CCME)

[Headley Lamar]

I think it does. Yesterday could have gotten out of control for shorts had whoever was doing the massive number of 100 share dumps not kept a lid on it. With 3.5 million or more short shares outstanding someone had a lot to lose if it would have run up 30% yesterday, which it probably would have if it wasn't being manipulated.

A 30% runup would have been a $16 million loss for the shorts. Why not spend a few million to manipulate the stock down, shake out retail and cover? Best thing for shorts to do is manipulate and force churning through retail shares as a method for covering. Only problem for them is they have 3.5 million shares to get out of, which won't be easy. Especially if some big buyers jump into the mix.