Replies to post #24861 on China MediaExpress Holdings, Inc. (fka CCME)

[tiesto]

I agree as well that the longer this drags on, the more I think it's good for the longs.

[chensiona]

lol, looks like we both had the same revelation and at this point it seems to be the most plausible explanation we have.

If we think about it, we never hear leaks of imminent hit pieces one or two or more days in advance, they just catch everyone off guard because it is in the best interest of the short sellers to keep it under wraps.

Is it so hard to believe that CCME management and its close associates can't also keep quiet on something that is in the best interests of its shareholders and reputation? I think not and believe that management figured out the only way to once and for all rid itself of this tumor.

[UpstateChris]

One would have to assume that Starr has been in continual contact with the CEO/CFO since the hit pieces started. What CCME management may lack in experience in dealing with U.S. based trading issues, Starr absolutely more than makes up for. While Starr's initial contract had essentially put protection, the more recent buy did not. I doubt they are pleased with the current state of affairs.

[otatais]

I posted previously. The longer this goes with no news b4 Wednesday, the better it looks for longs.
Whatever they needed to 'decide' should have been done long ago and PR'd.
They don't need to decide anything.
Funny, the longs have been wanting the Co to deliver a king hit to shorts, but won't believe it when it's happening.
Rather the're arguing the short case - restatement/ Deloittes resigning etc etc!!!
As Joe says....
If I wasn't long I'd almost have to say the shorts deserve to win, they face the potential of unlimited loss but it's them that keep the faith.

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