"If Deliotte signs off, the company does the dividend, does some buy backs, has great earnings, etc. and the shorts can turn around in a month and start it up all over again, then what's the point? How can any company come clean?"
For the sake of all the longs here I hope CCME's stock can put all this behind it after the K is released. But that will depend on whether the shorts decide to move on or not as well as whether long funds move in. As one blogger pointed out, look at ONP. They have been cleared by a Deloitte audit of their operations and facilities, just announced good preliminary results for 2010, gave excellent guidance for 2011, and the stock is still languishing. The cold, hard truth is there is no way of telling what will happen with CME even under the best of circumstances.
