Replies to post #8046 on China MediaExpress Holdings, Inc. (fka CCME)

[Danduedil67]

Headley,

It is even crazier than that

Of the 11 million float:
Say 5 million are with institutions (was around 4mil as of 9/30)
Say 2 million with strong retail (I know of a dozen folks on this board that jointly hold over 1 mil)
Say 2 million still with the TMI folks (Malcolm etc)

That only leaves 2 million of "free" float at best.... against 3.5 to 4 million shorts.

And we traded 3.5 million shares since yesterday’s market open.

This is nuts!!

-Dan