Replies to post #29052 on China MediaExpress Holdings, Inc. (fka CCME)

[otatais]

Yes that's also a possibility for mine, since I also don't buy the theory that he went short himself.
Since there's obviously been deception, because these companies have been able to get away with it up to now, it stands to reason he may have been expecting to get away with again this 10K, since he was 'smarter' than DTT last year.
That kind of arrogance may make him want to get back at the shorts or maybe time to manufacture a good enough story to get out at a higher price himself.
He certainly don't appear to be no Buddhist!

[floridahockeyman]

doubt that seriously.

the law firm has a reputation to protect, irrespective of the CEO.

and practically speaking, a further delay for shorts isn't going to materially injure them.

they will all be celebrating their massive returns if this thing tanks to the pinks.