China Integrated Energy, Inc. (fka CBEH)

[Ecomike]

I am trying to look deeper under the hood. Hard to figure out what the insiders positions are stock wise. Ihub shows 70% insider ownership, while others have no information, but this SEC form 5 from a while back (and no changes reported since then) show the CEO owning about 50% of the shares!!!!

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001144204-09-009419.txt&FilePath=\2009\02\17\&CoName=CHINA+BIO+ENERGY+HOLDING+GROUP+CO.%2C+LTD.&FormType=5&RcvdDate=2%2F17%2F2009&pdf=

If the Ihub number is right (70% held by insiders) and a huge laundry list of about 40 institutions holding shares (the who is who on wallstreet!!!) with 17% of shares held by institutions, and nearly 10% of OS shares reported as short

http://shortsqueeze.com/?symbol=cbeh&submit=Short+Quote%99

and Ihub now shows 24.5% of the float to be short, I think the shorts are about to be in a real pickle here (LOL, to put it mildly!)! I am seriously thinking about betting the ranch here on Monday and the next drop.

Other than the possibility of an Enron style China stock fraud here, what am I missing?????

No signs of insider selling in over 2 years!