China MediaExpress Holdings, Inc. (fka CCME)

[Traderfan]

I very much agree with you that this could be what happened. I especially agree with you on this:

Not so different from optimistic longs who cheer any hint of good news and flame any questions about it. It's reckless, but it seems to be a typical mixture of good faith, blind optimism, and profit motive

Once people make up their minds in a certain direction it's hard for them to look at the stuff objectively. That goes for longs in general but of course also for shorts. That might also explain the ever rising short position here and why shorts refuse to cover. They might just think "hey RINO was a scam" so if anything out there looks fishy in CCME this just must be a scam as well". That's a possibility. Good post.