China MediaExpress Holdings, Inc. (fka CCME)

[RedBull77]

I held on to that same thought as long as I could, but the complete lack of will the CEO has shown to set the record straight (or give us any relevant information at all) makes me think Joe might be on to something. Maybe Cheng has to go through all the motions to throw regulators and angry shareholders off the scent.

If he's ready to pull a rabbit out of his hat and prove us all wrong, I'd be the happiest guy here. But I'm not holding my breath.


I think the more likely scenario behind Redbulls ideas are that the shorts knew that under enough pressure, DTT would bail, and then the subsequent cascade failures.