China MediaExpress Holdings, Inc. (fka CCME)

[Jtechkid]

How does SEC and NASDAQ let ccme trade until the audit was done - how does that protect shareholders

Nope but they were getting huge pressure from the shorts , clearing houses, brokerage firms to let this trade to unwind the short position -

They couldn't wait 30 more days to finish the investigation .

What happens if piper clears ccme , it settles with staar , goes private at 8$. NASDAQ gave the shorts a way out and killed the little guy - congrats -