CCME.pk 12 month price target $0.50. 24 month price target ZERO.
While the price can spike higher due to short covering or trader activity, ZERO is its eventual fate. SELL your CCME.pk shares while you still can or you risk losing it all!
In last August, I posted my analysis that indicated that the numbers reported by CCME could not be true. Now I post my prediction on its price for next 1 and 2 years. We can check it back after one year.
Why?? It is very simple.
Because CCME’s real business has been, is and will be losing money. All the reported numbers and cash position are faked and the money raised has already been gone! Nothing will be left for public shareholders.
CCME reported that the advertisement revenue generated from the LCDs on the bus is more than the amount of the tickets sold to passengers by bus operators. You have to be idiot if you believe this! The inter-city bus business of China is comparable to greyhound in the US. Think about it. IF the LCDs installed on the bus can generate so much money, why greyhound does not install them on the bus? Only by installing LCDs on its buses, its revenues can instantly double, how wonderful it is. But unfortunately, it is could not be true and that why greyhound business is suffering.
CCME is a total fraud and that why its price should be ZERO.
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