Replies to post #9255 on China MediaExpress Holdings, Inc. (fka CCME)

[Danduedil67]

That is definitely possible. To a major hedge fund, the huge gamble might just be a balancing act between various bets.

But I would think "someone" at the hedge fund (as opposed to the computer algorithms spitting out 100 share short blocks) is watching this for any such hedge fund. They may have a ton of cash, but burning it does not create good year end bonuses or allow them to hit the top tier splits of their profit sharing agreements.

What is it going to take to get that "someone" to pull the plug on the shorting program, because they realize that it is a losing hand?

Could they be making so much on the option side (through the expiration of worthless call options) that the cost of shorting is immaterial?

-D

[bullmarkets]

This was probably the post you read. Interesting idea. Could be true.

http://messages.finance.yahoo.com/Business_%26_Finance/Investments/Stocks_%28A_to_Z%29/Stocks_C/threadview?bn=101061&tid=34598&mid=34601

-Andrew

[RidiculousTrader]

Even if the market corrects how do you cover? You need to go and buy probably 6 million shares in the market. There is not that kind of liquidity in the stock. A lot of the activity is two way trading, thats how we see something like 1.1 million shares for daily average volume. If you were to go into the market and only buy you would cause the price to run up significantly.

Any talk about shorts hoping to be able to cover on a broad market sell off is absurd. The supply and demand imbalance in the stock is crazy right now, shorts can keep trying to hold it down but this is just going to end very badly.

It is truly amazing how many people are given free reign to go and trade / manage others money... So many have no clue what soever about what they are actually doing

In the mean time

PLEASE KEEP SHORTING THIS STOCK, lol