Replies to post #2245 on China MediaExpress Holdings, Inc. (fka CCME)

[tiesto]

Right, like I mentioned in my post yesterday I just can't fathom why anyone would short CCME now.

CCME went sub 9~(basically just did a re-test), came out with higher guidance, closed the gap from the news, closed near the high of the day with huge volume in the last hour, Shanghai is gaining traction and looks like the lows are in, so why try and scrape a few nickels on the downside in a company like CCME, rather than short another stock or go long here?