China MediaExpress Holdings, Inc. (fka CCME)

[chensiona]

Yes its the easiest way for the shorts to cover en masse without shooting themselves and buying the $5 calls is no different than buying the stock at the current price. Its easy to short 100k on a down day and take out stop losses to cause panic and then buy triple the calls on the dip, especially with this stock.

In the last 6 minutes of trading over 2500 $5 calls were bought most notably 1600@3:54 and 1000@4:00, it really is their only way out before the 10K is released because even a new hit piece wouldn't allow for 7 mil covering shorts.