Boardmarked Gary, great to see you back, looking forward to learning about a new space.

at least a month to formulate a plan. Chris, sorry to miss it, but are you referring to the halt or earnings? at this point I might welcome month halt as there is to much emotion now and not much information..

- kurt

re: Cassel here is his last post explaining his thoughts, via google cache. at first I thought this had been done to him. I am actually more shocked to see he had been thinking about it already, and a bit underwhelmed that he does not explain why now, and the 'negative distraction' he is alluding to and for which company? His site was a great resource, this is imo a poor way to shut it down. Notice of a few hours? So much for transparency. Maybe it will be back someday.


"Site Shutdown

I will be shutting down my website in the next few hours. I know this may come as a shock. It’s a decision I’ve been thinking about for some time. My goals from the beginning were to educate by example and do it for free. I think that was a success, but the negative side of being completely transparent and public is that you have a target on your back. I could honestly care less about the personal attacks since most of my naysayers are mostly odd-lotting gurus that can’t cut it making a living by capital gains only, or need to manipulate a stock via the short term to make a living. I told myself from the beginning that once my website became too big of a distraction for the companies I’m invested in (a negative distraction) I would shut it down, and I think that point has been reached. In the next few hours I will shut down my website, stop tweeting, pretty much everything. Nothing will change in regards to my investing or strategy, I am just plucking out the public part. I will be a ghost so to speak. I hope most of you will be understanding of this, and I wish everyone the best as I’ve enjoyed conversing with you on my website more then you could ever imagine. I may run into some of you at a few micro-cap conferences in the future.

I’d like to leave you with this. When investing in micro cap stocks it’s all about betting on the jockey, even more so then the product or service they sell. Find undervalued stocks that have a chance of getting overvalued. Find stocks in industries or market segments that are becoming hot (not already hot) as these stocks will get overvalued. Find stocks with the right share structure. And lastly, give management a short leash. These are the investment philosophies that have served me well over the years and I think they will do the same for you.

Ian Cassel
"

OT chat room. you can just be web-based.
I didn't download anything as I'm on a mac. don't know what features I'm missing but don't care. but I find the chat streamer harder to follow with doing other things, the board has advantages..

- kurt

lmb it's just the new chat room today.
I can't be on it all day, but it's new and people are trying it out. but lots can't do live audio, work etc. attention will return.

- kurt

economist short but sweet. I think they call it earnings. any news on a better PR firm for ccme?

"In several experiments, Mr Rucker and Mr Dubois planted rumours among undergraduates. They found that with each repetition, scepticism diminished. The rumours themselves did not change; only the likelihood that the students would believe them. These findings were published in a report called “The Failure to Transmit Certainty”.

Instead of denying false rumours, a company should put out a stream of positive messages about itself, reckon Mr Rucker and Mr Dubois. This deprives myths of oxygen and also nudges people to doubt nasty things they may hear about the company in question. "

I know this is going to sound naive, but after current adventures in the CGS space I actually thought that this wasn't on the short radar! haha Between ibio, qpsa, ccme, uta I'm almost batting 1000% and back to breakeven. at least TQQQ is giving some love today.

you holding through this, or out and maybe back in lower?

- kurt

IBIO & QPSA does anyone think its a bit odd that two of Cassel's pics are both getting short attacks on the same day? If you read the streetsweeper thing it actually talks about him and a popular foe, isn't that kind of personal for a hit piece? I'm down big myself, but the whole thing kind of feels like high school.

that said, where is the floor? I hope a decent response to the paid for streetsweeper thing comes out.

Chimin's "filings" also need to be documented before they 'disappear' from SA blog posts. Do people have them in hand?
Then I suppose we need to reach out to CCME through someone with a relationship already.

SA editor's email. here is the orig article I think. I can't tell if its been modified from memory. If so maybe someone in the know should tell the editor.

SA Editor in Chief Eli Hoffmann
contact-editorial@seekingalpha.com

[url]
http://seekingalpha.com/article/251044-red-flags-at-china-mediaexpress-management-misleads-investors[/url]

Joe, great news on SEC! thanks for your constant phone work. who's the best person for this? Timothy's got my vote, sure there are others. Better to send 1 report than 5.

YMB effect, thanks Jo. After today's action it makes even more sense. with positive volume the highest in 10 days, the brief run up got me wishing I had finished buying. 5.50 is looking like good ST support.

Charles, do you mind posting that info on the board? Its nice to have it in one place.

thanks again!

scumbag? that's crazy. man I hope your kidding. it sounds like it just got heated. I'm not trying to stir it up, or step in it..

Every forum needs skeptics, right now its Rato, in the past its been others who are active here. As someone who for the past year reads more than talks, I want to hear from skeptics I trust, and I get that on this board.

I think Burp's looking out for the general readership is a good thing, but as one of those folks I am here to get insight, and I loose that if everyone is swimming in the same direction. In fact that's when its most dangerous. I hope Brian will stay, mod or not, as he chooses.

- Kurt

someone's been drinking the citron-ade! haha great. eom

CCME CNBC vid link. this should get you right there. its overall positive as he reads from the CEO letter, seems to be holding it.

www.cnbc.com/id/15840232?video=1783961470&play=1

SEC - thanks for the heads up, just sent one in. For those looking for the SEC address field info, here it is again.

Muddy Waters
Carson Block
1559 Michael Lane
Pacific Palisades, California 90272
United States

CCME/Mike Koza on Marketocracy CC right now, discussing. Says company's need to come out swinging. Does not see SEC as a savior at all, let auditors and earnings do the work. Got a question in and Koza feels company response is positive so far. He bought in Jan 2010, holding now see's next week as potential buy if things hold up but generally his position is full at 3mil or 18% of port. also mentions http://ccme-info.xanga.com, nice wtcbills!

asked if he didn't have a position would buy? "Yes absolutely, it is an extraordinary buy right now. I'd be buying if I did't already have it."


- kurt

(also on CSG board)

CCME/Mike Koza on Marketocracy CC right now, discussing. Says company's need to come out swinging. Does not see SEC as a savior at all, let auditors and earnings do the work. Got a question in and Koza feels company response is positive so far. He bought in Jan 2010, holding now see's next week as potential buy if things hold up but generally his position is full at 3mil or 18% of port. also mentions http://ccme-info.xanga.com, nice wtcbills!

asked if he didn't have a position would buy? "Yes absolutely, it is an extraordinary buy right now. I'd be buying if I did't already have it."


- kurt

CCME Gil Morales. was on webinar today with Gil and his take on CCME was very technical. it's not what I hoped to hear, but it was useful to hear that these guys were buyers on the break out 20-22, got out, and are less interested in the story, or potential value, than the price/volume action. though I am holding myself, I fear this is a typical attitude of big trader mindset, even if they like the idea of the company. fwiw. on the positive lots of eyeballs on the stock.

- kurt

hedgie1 - can you speak to how a fund like yours holding for 7 months views this event? I know you said your riding it out, but do you add here or stay away from the churn and wait for now? I'm retail and don't know the psychology of how small funds think.

for myself I doubled down yesterday.

- kurt

Forbes - it would be better to have more than one person, but will try to find those posts. Right now their are literally NO comments.

- kurt

Forbes Article today, could some folks comment on this one that Burp posted a link for. since the author's wrong (but safe) when he says "Like the previous reports, this one raises questions that only someone inside the firm can answer."

I am sure some people here have facts to offer up all the eyes that will be on this.

sign up is slow, I am waiting on email conf.

- kurt

http://blogs.forbes.com/investor/2011/02/04/muddy-firm-sinks-china-mediaexpress-on-new-years-day

CCME MW - Ramses based on your read of that doc, what is needed for an effective rebuttal of its statements?

doubled down long.

iBio man what is it with Sykes in the comments? don't know why Cassel took the bait. Sykes chases him around everywhere.. the most wacko SA back and forth ever.

fool.com link

http://www.fool.com/investing/international/2011/01/31/china-mediaexpress-shares-plunged-what-you-need-to.aspx?

added @ 21.43 eom

TA retrace, anyone have a chart read on what new support and/or retrace points might be? Like to move my mental stops up and I'm not really a chart guy. Congrats to all longs!

- kurt

CCME on VoSI one of Gil Morales's newletter services, today's excerpt:

"Follow the Stock saw the big gap-up breakout in China MediaExpress (CCME) on today's story regarding the huge short interest in the stock, and we may look at this on a pullback, but it is also a volatile, smaller stock moving on news, so there are certain risks implied there. We do think that the fundamental story in CCME is sound, however, and so as the stock gains a broader following on this recent cup-with-handle breakout it could continue higher. The breakout buy point is 21, so we might look for a pullback down towards that level to purchase shares if we decide to do.

New Yorker/surowiecki you know I usually like him but this is probably a contrarian signal that this dated rino/fuqi RTO story has filtered to the general mags.

QPSA & CCME what is in the air? my top 2 holdings take off the same day I get a deal on my apartment. starts aligned.

now if only what goes up didn't also retrace. but every time I try to trade this one I just loose profit.. some day I'll get the hang of it, for now sitting on my hands.

when does the breather come?

- kurt

CCME Gil Morales has another service and CCME has come up on both the recent live webinars last week and his take is consistently very bullish based on both story and TA. Gil was a top trader for O'Neil once upon a time. Thing is the service only talks major momo stocks for the most part, so it's a brand new set of eyes.

My favorite quote "I'm much more interested at 20 than I was at 10"

- kurt


fyi other service: http://virtueofselfishinvesting.com/

Benjamin Wey & SAIC/SAT/SEC Thanks for reposting this lmb, missed it before. best breakdown I've read yet.

- kurt

LLEN quitely @9.16 today I was just wondering the same thing, in all this CCME TSTC excitement..

Gentry Dismissed and out, ouch. how clear that was planned. Doesn't that guy speak for a living? If I were LLEN I would fire him just for today. anyone interested at $9.50 ?

LLEN CNBC Gentry is not holding up here at all.

plus EQPI up .21 to .71 +41% on a massive 1000 shrs.. I guess I missed the buyer for this month. maybe I can find one in January!

SWITOW / skymall seems less for revenue than a way to continue to attract new ad business. Anyone think speculatively this lays the ground work for direct sales through the screen when touchscreen tech is cheap enough? It gets exciting if and when they get wi-max or LTE on those buses.

LLEN in again at 9.20 eom..