Replies to post #71425 on China Growth Stocks

[SSKILLZ1]

You may be right on the risk dropping as these stock continue to go lower, but so is the reward. The PE's that were given before these short attacks at peak levels has to have dropped. Now how much they have dropped is hard if not impossible to quantify at this point. Could a 3 PE on a china stock be a sell, and a 1 pe be a buy, that possibility does exist, if these shorts continue to keep attacking. All is just my opinion, and I could always be wrong though.

[lostmyballs]

CCME im trading the snot out of this 5 dollar whore!!! WWEEEEEE

[jepicza]

At first, Joe, I am okay; I am 30% in cash and my silver, gold and oil shares pulled me into green yesterday. Yet, this CCME situation bothers me A LOT, for several reasons.

The issue is that there was an incredible amount of SHORTS, not too many free shares available for shorting, and SHORTS displayed an incredible conviction and willingness to take the risk. Why was that, without any hard facts available for their case? Even YOU were expecting the squeeze of the century, the shorts destruction, right? CCME was on the List for about 9 days already... Then, I think you were the first one here to realized that shorts were not covering (thanks for that post), and they didn't, as if they all would know that the hit piece was coming. So my question is this: Was it because the shorts have bigger balls as you said, or was it because they "knew" it's coming...?

"CCME was crushed due to the fact that people were heavily margined and had stock sold out from under them. If they didn't have that happen yesterday, they certainly got the margin calls this morning and thus even more selling. This "hit piece" wouldn't have been nearly as destructive had it happened to another company..."