Replies to post #4609 on China MediaExpress Holdings, Inc. (fka CCME)

[putsbootycall]

I agree. I think the "witch hunt" is sector driven. It was too easy for shorts to jump on this in June.

1) they collectively smeared the sector,

2) they knew institutions would gradually sign up (not a big bang),

3) they knew the company management and IR firm would be slow to defend the stock given their lack of experience in the US equity markets,

4) they knew they could bully the stock price with the float having been mostly made up of flippers, and speculative (and insecure) retail longs.