Replies to post #27417 on China MediaExpress Holdings, Inc. (fka CCME)

[RyanW439]

I'm starting to believe this the more and more I've thought about it..


No, the short arguments were ridiculous at times and easily refuted by the "facts" we had in front of us. Seems they were designed to give longs a false sense of confidence and draw us in deeper.

[grimreaper]

RedBull,

I don't think the shorts knew where to look for the fraud. I think the shorts got it from a "good source" that Deloittes was going to walk. But, they didn't know why?

They tried throwing the kitchen sink at CCME and it was embarassingly bad. Weren't they the ones filming the wrong buses or make hokey taped phone calls, or falsifying documents?

Simply they had "insider" information but they didn't know the full reason for Deloittes walking but they needed a story, however bad it was, to short and make their money. They needed to put something in print. Giving them credit is misdirected. Look at the evidence they forwarded.

JMHO

[joenatural]

Once again, the most accurate post of the day. What really needs to happen from here is for the SEC to keep the stock halted and begin a probe into all the illegal activity that took place. That would take no less than two years, but I think the SEC would most definitely be handing down several criminal indictments afterwards. No way short-sellers pile on to the umpteenth degree without prior knowledge of events and in collusion with the CEO .......

"No, the short arguments were ridiculous at times and easily refuted by the "facts" we had in front of us. Seems they were designed to give longs a false sense of confidence and draw us in deeper."