China MediaExpress Holdings, Inc. (fka CCME)

[cfgjr]

From the point of view of the brokerages, it had better be fixed. There are a ton of shares being borrowed and the loans are dependent on the previous day's closing price. Thus, the income to the brokerages (and those who lent shares) would be clobbered if .0001 is where it closes today.....

Ha, maybe a big short found out that CME submitted a compliance plan, the plan was accepted and the stock will now be halted for another 2 months or so. As a result of the thought of having to pay 50% annual interest for another 60 days, the short wet his pants but was somehow able to manipulate the trade pps down to .0001.

I think I've pretty much seen it all now...