Replies to post #30073 on China MediaExpress Holdings, Inc. (fka CCME)

[Michael Anderson]

Exactly. Plus, this is a very rare occurrence with how high the short interest is and the amount of naked shorts. If there is any positive news whatsoever that can help hold back the long shares being sold for a little bit of time, the forced in short shares will cause this to go much higher than where it opens. This isnt a usual experience that any of us have probably dealt with before so we dont know what to expect, but the big question is where it opens. I dont expect it, but imagine a tender offer of $8 and it then opens around that, all there would pretty much be is forced naked shorts, very many. While I am expecting the worst, there is still a small possibility we could luck out. I am definitely not selling right at the beginning because of this.