Replies to post #22484 on China MediaExpress Holdings, Inc. (fka CCME)

[chensiona]

The calls today went through in the middle but mostly at the ask, not one at the bid. So it doesn't look like selling to me but buying.

I honestly don't think the shorts are foolish enough to sell such deep in the money calls. Even if the stock tanked a couple dollars they would still have to provide the shares, its counterproductive. I'd be more inclined to believe it if they were selling naked $12.50 or higher but definitely not such low strikes, its far too reckless even for shorts.