China MediaExpress Holdings, Inc. (fka CCME)

[Headley Lamar]

There is an epic battle going on at the 50 day MA. Shorts are in a fight for their life again, so I have little doubt that there is naked shorting going on in an effort to close it below the 50 day MA. The last time this happened in early October there was a 5 day tug-of-war at the 50 day as CCME tried to break loose, and it did, going parabolic. I believe the same thing is going on now. Shorts may keep a lid on it today and they may not...we still have 2 hours of trading left. They are going to get their asses handed to them over the next 72 hours though IMO.