Belive BonC was referring to, I was, that of course after sign-off of audit and CCME "normalizes" into a somewhat normal trading pattern, shorts are way gone, at least having a much smaller short interest, that alot of institutions buying up the small float could indicate that.
We all know GS/MS/Merril/BoA plus 40 or so others are already holders of CCMWEEE..
Not so sure that after (if) CCMWEEE noramlizes, that this float will get bought up by institutions.
GS/MS in particular. CCMWEEE is not a good thing as far as they are concerned as they didn't make diddly from CCMWEEE / non-IPO.
This is a grey area and unless these WS boys get paid, believe they will sit by and do much of nothing. Sure they may well increase their holdings...to what degree is a guess. But CCMWEEE will not see coverage initiated, again unless paid to do so.
Call it a cynical approach to WS on my part.
Others probably (hopefully) will buy in but cannot forsee the entire float being bought up by these guys.
Hope am wrong.
