China MediaExpress Holdings, Inc. (fka CCME)

[Headley Lamar]

I think institutions are going to get settled back in after the holidays and we'll see new wave of buying come Monday. That plus the fact that the big seller seems to be dwindling down which is going to create upward PPS pressure with any new buyers. Shorts are also looking very over-extended. You have to remember that even though there are extra shares to be shorted now, that does not necessarily mean that they have endless money supply to continue shorting. It looks like they may have come close to hitting critical mass. Otherwise they could have drove the price down much more on a low volume day like today.