Replies to post #5887 on China MediaExpress Holdings, Inc. (fka CCME)

[Traderfan]

I agree it might be both especially since the volume is extremely high today. But don't forget that these restricted sellers saw their shares go down to 7.50 in value so actually selling at 14 doesn't look bad to them probably. The problem I have is that the chart is still looking extended once we move below that 13.65 low and we could be in for another drop. Can anybody tell Jacky that a good news is what we need right now? I mean we are way overdue and maybe people think that Q3 wasn't good (not what I think) because they didn't raise their guidance for the year yet. A divi would come in handy as well. now.

[nrad]

I am sure there is some accompanying shorting too, but I think its mostly s3 selling. I figure there are multiple sellers and, each one is probably thinking he needs to dump shares before the other ones tank the stock.