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MNYC...Not to be delusional could this stock ever reach $10 short term...even at that price range I would still be down with this POS..Im thinking of buying at this price level but ive been so burnt by this POS I'm scared to pull the trigger
Jtechkid...Are you buying at these price levels or taking a wait and see approach...
MNYC...just curious if the WSJ is such big news...why hasn't the share price reflected the news...
Just curious if anyone agrees with the following YMB post...
I'd like to recoup some of my investment and $2 seems so tempting
but ive been burned by this stock so many times
Im afraid to pull the trigger..
"By fully recover? .... I suspect you're referring to mid-teen (13-17 range). I don't believe it will ever get there even with a full "pure/fully-vented" end-outcome wherein everything is "in order". We believe there are going to be "inaccuracies" discovered and announced. However, we don't believe they will be highly impacting to the Company's ability to generate free cash-flow. However, there's too much distrust in the market and thus, with the positive news CCME will approach the high single digits, settle back into the $7-8 range and then there will be a recapitalization of the Company with a 25-30% premium and therefore a final "takeout" of the longs around $9-$10. The Principals close to the Company (including the Private Equity participants) will capture the additional $5-$6/share of value by agreeing to the take-out ... which is a dirty shame for the average shareholder! But that's how the current market is moving in the China small-cap space. Thus, most common shareholders will never recapture their basis nor be awarded a "fair" rsik-premium they deserve. But I wouldn't fight the agreed-upon take-out price. Just take the $$ and move on. FROM HERE THOUGH -- a recapture of $7-$8/share above the current $2/share price will help many. Stay positive and look-forward."
Jtechkid,
Thanks for giving me some hope...I'm crossing my fingers your right...
Jtechkid do you still believe in the Company...if so what are your reasons
Has anyone heard anything from Amychan...
Hi Joenatural,
unfortunately I have quite abit invested in CCME...Is there any hope this stock will ever recover to $13...or should I just accept that it'll never recover to that level and stop hoping
This probably has been posted before..But what would happen to my shares if CCME decided to trade on the HK exchange
Can anyone answer the following that was posted on YMB.....
"I don't short stocks so I am not well versed on some scenarios that may occur with stocks like CCME.PK.
What happens to short positions if CCME.PK receives and accepts a buyout offer? For example, if an investor is short CCME.PK at $9 and they are still holding the position -- and the company receives a buyout offer for $11 -- what happens to the shorts if the buyout offer is accepted by the CCME BOD and the offer is from a legitimate PE group with solid financing?
Sorry for a dumb question but just curious."
Hey Gene Finder
Thanks for the words of optimism...Maybe you should start hanging around with the preacher that predicted the end of the world...
Hey guys thanks for the info...BTW...On WCTBILLS blog he posted that "If DLA/PWC don't resign by May 21st, then I'll be more optimistic."
Do you think he's still right after all thats happened...
Question to all...maybe I'm being delusional here but can this stock realistically ever recover even if the audit proofs the company to be legit....
Amychan you stated "I am not sure why people are willing to sell at 2. If worse case scenario CCME is a fraud , u will lose another 1 dollar at most. If it isnt, this stock will head back to 10 dollars in a heartbeat."
even if the company is proven not to be a fraud...Do you really
believe investors will return with all thats happened...
Don't get me wrong I hope your right...but i dont think CCME will ever be a $10 stock...far from it.... :o(
One good think of CCME going to the pink sheets...The YMB is blanked out...I don't have to read any obnoxious posts by Donmonfort...:O)
Swampdonkey...I dont understand according to the folks on the YMB..most are predicting a major short squeeze due to the increased naked shorting...yet your predicting best case senario $5-$7...why are the YMB folks wrong...im novice at stocks so bare with me...
"money can't bring you health or love." Oh yea....If you ask me...I think it worked pretty well for Hugh Hefner
The following is a post from YMB...Will this cause a short squeeze...
T+3: 3 days after transaction date shares that have not been delivered become FTDs. T+13: shares that are still FTDs have to be delivered.
During the halt another 2 million FTDs have been created. The T+3 rule was in effect, despite the halt. Does that mean the T+13 rule is not affected by the halt either, and the 2 million FTD shares will have to be delivered when trading is unhalted, which is likely to be April 23 or 24?
And what are the implications on opening day action, given that there will probably be a total of up to 13 million shares short by then, including 5 million FTDs?
$heff what do you think of NEOP still a buy
Hi $heff question regarding stock trading in general
Is there any books/video that you would recommend for beginners on how to trade stocks...thanks
Hi Joe question regarding stock trading in general
Is there any books/video that you would recommend for beginners on how to trade stocks...thanks