By logically, not mathematically (others did that and were badly wrong) analyzing what I read about CCME in the GEO article series I posted recently:
a) There is no big bus operator contracted to CCME. Suspicious.
b) Most of the apparently contracted bus operators are either small private ownwers of busses or are small companies. Open to miscounting.
c) The difference in what CCME reported to the Chinese government and what to the SEC. Suspicious.
d) No similar company in the same business in China knows CCME. Suspicious.
e) CCME is a business that looks great on paper but is difficult to follow up on the streets and in cities.
f) CCME, guilty or not but most likely guilty, must have got and will be financially hurt by the bad publicity they have got and still get in the USA and worldwide.
g) Starr suit or not, CCME is bad-mouthed by the media since months but is not able to say one word to their defence.
h) CCME will, after the Starr/CCME verdict and other law suits that go on, most likely be financially dead.
i) Neither Starr nor CCME see a chance in sueing Citron or Muddy Waters - or am I wrong? Ok, this still may come provided CCME is legally completely clean, something that would be a miracle.
j) CCME's reporting probably was a mixture of reality and fiction, a mixture of what they had and what they were intending to do, given proper market conditions, time and control.
k) Something that falls from a tree silently like a rotten apple, most likely is a rotten apple.
l) Mr. Cheng and his US instigators and profiteers profitably gambled on the fact that Chinese financial regulations are impenetrable for outside investigators and left the sinking phantom boot on time.
Yes, my analyses are also only a mixture of facts and fictions; and nothing has been proven yet. I would be happy if it remained that way.
PS: Everything short-term on the stock market is manipulated. Look at the downgrading of Gold for the time being by all analysts(!): till the end of the month for accounting purposes, but which they don't tell you; and see how Gold shares will jump up after Oct. 1, 2011. Take me by my word then!
I am long on Barrick Gold.