China Growth Stocks

[jepicza]

At first, Joe, I am okay; I am 30% in cash and my silver, gold and oil shares pulled me into green yesterday. Yet, this CCME situation bothers me A LOT, for several reasons.

The issue is that there was an incredible amount of SHORTS, not too many free shares available for shorting, and SHORTS displayed an incredible conviction and willingness to take the risk. Why was that, without any hard facts available for their case? Even YOU were expecting the squeeze of the century, the shorts destruction, right? CCME was on the List for about 9 days already... Then, I think you were the first one here to realized that shorts were not covering (thanks for that post), and they didn't, as if they all would know that the hit piece was coming. So my question is this: Was it because the shorts have bigger balls as you said, or was it because they "knew" it's coming...?

"CCME was crushed due to the fact that people were heavily margined and had stock sold out from under them. If they didn't have that happen yesterday, they certainly got the margin calls this morning and thus even more selling. This "hit piece" wouldn't have been nearly as destructive had it happened to another company..."