Replies to post #12838 on China MediaExpress Holdings, Inc. (fka CCME)

[Texbanker]

Shortings ok, but bring back the uptick rule. BTW, CCME trading is operating under one right now:

Rule 201
•The SEC adopted Rule 201 in February 2010, instituting an alternative uptick rule. The rule restricts short selling a stock that suffers a one-day decline of 10 percent or greater unless the stock first experiences an uptick. The 10 percent decline "circuit breaker" applies to the day of the decline and the subsequent trading day. The effect is to give current stock holders priority over short sellers, since the former can sell stock without an intervening uptick. Rule 201 applies to all U.S. exchange-traded and over-the-counter stocks.

Thats maybe why the smaller trading range (candle). Its off tomorrow though.