China MediaExpress Holdings, Inc. (fka CCME)

[bradford86]

factor in the buyback on my last calculation

7.5M shares + 15M shares + $30M of buyback.

22.5M shares - 2M shares of buyback, just round to 20M shares

the shorts need to buy back 7.5M out of 20M shares

37.5% of the shares out there currently held by longs need to be sold for the shorts to break even.

that doesnt even mention the institutions that will be buying on an audited 10-K, etc.

or what about the people that only invest in dividend issuing companies?

or what about IBD as this thing roars?

or what about all the people who are on the sidelines that sold at 12 that want to get back in upon confirmation that it's real?

or what about the resistance of people to sell as they see this thing like a powder keg with a match lit to it? heck --- i'm going to have a tough time selling if it starts picking up and it is proven legitimate and institutional investors are getting on board.

slap a p/e of 30 on next year's eps of $4? sure.