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This space is not invest-able. 99% of the the reverse mergers will be ZERO in a few years. Only the pumpers and dumpers can make money. Where are the pumpers of CCME?
10 bagger or total loss?
That's the question for the investors who invest in Chinese Reverse Merger small caps at this point. They are traded at PE of 1,2,3 or 4 and grow at 20% or 30%. If the reported numbers are believable, the stocks should be traded 10 times higher. If the numbers are made up and the businesses are run by Chinese Madoffs, your investment will be ZERO after all smokes are cleared.
I bet the outcome will be the ZERO.
Silence, Anybody still here?
CCME has hit my 12 month and 24 month price target!!
Congratulates for those who listened to my warning 2 years ago and avoided more loses.
ZERO is fast approaching!!!
Is $0.11 a low price? Absolutely not!! Anything is relative. It is a very high price relative to $0.05/share or ZERO/share. SELL what you own and buy a bottle of alcohol, have a good night sleep and start a new day!!
My post for target price of CCME.
http://investorshub.advfn.com/boards/post_reply.aspx?message_id=67938768
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63426062
follow up on hitting first target price
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65973185
The fraud is so obvious!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54416774
CCME numbers defy simple logic and business 101!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53396134
CSKI: CEO is treated with life threatening illness.
China Sky One Medical Reiterates CEO Sick Leave and Announces Significant Middle Management Resignations.
What's the point of stealing investor's money if you do not have the opportunity to spend it?
I start to believe karma.
CNYD's 2011 report makes no mention of 2011. These reverse mergers are so funny......
http://biz.yahoo.com/e/120203/cnyd10-k_a.html
10 bagger or total loss?
That's the question for the investors who invest in Chinese Reverse Merger small caps at this point. They are traded at PE of 1,2,3 or 4 and grow at 20% or 30%. If the reported numbers are believable, the stocks should be traded 10 times higher. If the numbers are made up and the businesses are run by Chinese Madoffs, your investment will be ZERO after all smokes are cleared.
I bet the outcome will be the ZERO.
Threats, Lies and Chinese Stocks
Hundreds of Chinese businesses that became U.S.-listed stocks through a maneuver called a "reverse merger" now languish at penny-stock levels, down from tens of billions of dollars in aggregate market value a few years ago. Who's to blame? Ugly accusations abound.
The FBI raided Benjamin Wey's firm last week, His firm assisted Chinese businesses in getting US stock market listings.
http://online.barrons.com/article/SB50001424052748703512004577182970380129522.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+barrons%2Fxml%2Frss%2F3_7510+%28Barron%27s+This+Week+Magazine%29
Threats, Lies and Chinese Stocks
Hundreds of Chinese businesses that became U.S.-listed stocks through a maneuver called a "reverse merger" now languish at penny-stock levels, down from tens of billions of dollars in aggregate market value a few years ago. Who's to blame? Ugly accusations abound.
http://online.barrons.com/article/SB50001424052748703512004577182970380129522.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+barrons%2Fxml%2Frss%2F3_7510+%28Barron%27s+This+Week+Magazine%29
What are the other stocks that you promoted and now are significantly up?
You are right that everybody make mistakes. However, if a person is more wrong than right. That says something. Don't you agree. _Fernando?
Is this the end of a story??!!
Congratulates for those who listened to my warning and avoided more loses.
ZERO is fast approaching!!!
Is $0.11 a low price? Absolutely not!! Anything is relative. It is a very high price relative to $0.05/share or ZERO/share. SELL what you own and buy a bottle of alcohol, have a good night sleep and start a new day!!
My post for target price of CCME.
http://investorshub.advfn.com/boards/post_reply.aspx?message_id=67938768
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63426062
follow up on hitting first target price
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65973185
The fraud is so obvious!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54416774
CCME numbers defy simple logic and business 101!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53396134
Congratulates for those who listened to my warning and avoided more loses.
ZERO is fast approaching!!!
Is $0.11 a low price? Absolutely not!! Anything is relative. It is a very high price relative to $0.05/share or ZERO/share. SELL what you own and buy a bottle of alcohol, have a good night sleep and start a new day!!
My post for target price of CCME.
http://investorshub.advfn.com/boards/post_reply.aspx?message_id=67938768
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63426062
follow up on hitting first target price
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65973185
The fraud is so obvious!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54416774
CCME numbers defy simple logic and business 101!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53396134
ZERO is fast approaching!!!
Is $0.11 a low price? Absolutely not!! Anything is relative. It is a very high price relative to $0.05/share or ZERO/share. SELL what you own and buy a bottle of alcohol, have a good night sleep and start a new day!!
My post for target price of CCME.
http://investorshub.advfn.com/boards/post_reply.aspx?message_id=67938768
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63426062
follow up on hitting first target price
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65973185
The fraud is so obvious!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54416774
CCME numbers defy simple logic and business 101!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53396134
Why you can not hear from Cheng or the management anymore?
For Cheng and the management, the mission has accomplished. Why bother!!!
Here is their master plan:
1)Make up a story.
2) Selling the story to investors, raise money and sell stocks if they can.
3). Enjoy the new found wealth!!!
For the crying shareholders? why bother and who cares!!!
(I said this as this from Chengs. US regulator should care investors and US citizens who are the victims of frauds, and investors should be careful by themselves.)
Is $0.17 a low price? Absolutely not!! Anything is relative. It is a very high price relative to $0.1/share or ZERO/share. SELL and move on.
My post for target price of ccme.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63426062
follow up on hitting first target price
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65973185
The fraud is so obvious!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54416774
CCME numbers defy simple logic and business 101!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53396134
I agree. Next price target will be 10 cents/share. It will be there in 3 months. The price will reach the floor:ZERO in 12 months. The reason is simple. The business is only a small fraction of the reported size and is losing money. The assets has been stolen. Nothing will be left for public shareholders.
Grab 0.22/share NOW!!!
You do not have to believe me, but I am glad that I have been right on CCME so far.
My post for target price of ccme.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63426062
follow up on hitting first target price
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=65973185
The fraud is so obvious!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54416774
CCME numbers defy simple logic and business 101!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53396134
CCME.pk is at 0.26/share. It still a 62% loss if ti drops to 0.1/share, a significant loss.
RINO.pk is $0.1/share. It drops from $0.3 to $0.1 in very short time. It is a 67% drop and represent 67% loss of one's investment. CCME.pk will follow same pattern of RINO.pk. Sell it now to avoid another 67% loss of your investment.
http://finance.yahoo.com/q?s=RINO.PK
Any amount of money to ZERO is a 100% loss.
If the probability of CCME goes to ZERO is 99%, (I think it is), holding the ccme.pk at $0.3 is a very poor risk/reward.
BTW, you can do a lot of things with $900. For example, one can buy 150 big Mac meals at McDonald, a much better choice than watching it to ZERO in your broker account.You can fill your stomach and enjoy the taste for the former. You can only suffer emotional distress for the later choice, like some of the people holding the stock now.
Sell and get whatever you can get now!
"Will see Sub $1 soon. CCME.pk will meet RINO.pk faster than most people thought. Majority of shorts has been covered. Only the dreamers are still holding the bag. Sell and get whatever you can get now!"
The statement still holds. $0.35 is better than ZERO.
"Will see Sub $1 soon. Average down is not a winning strategy for CCME. CCME.pk eventually will be ZERO. After it is all over, nothing will be left for public shareholders. SELL, get whatever it is left. Anything is better than ZERO."
STARR: I never rust STARR. Hank Greenberg led AIG to a total collapse. It is sort of a Panzi scheme.
DT: As to the audit firms, the rating agencies, they all slept with fraudsters. Money made them to do anything. All financial crisis are the results of their involvement; Enron, subprime, Worldcom.....
Business: Madoff had a real business too. But it was losing money. He made money by the Ponzi scheme. Yes, CCME has a real business, but it is money losing business. The Chen Zhens make money by selling stocks.
So what you can trust?
THE FACTS and LOGIC.
CCME.pk reach my target $0.5 much sooner and will hit second target (ZERO) in 12 month. The reason is simple. There is nothing left for shareholders, no business and the cash were stolen.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63426062
august, 2010
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53396134
China concept stocks fraud scandals Assault U.S. capital markets
http://translate.google.com/translate?js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&sl=zh-CN&tl=en&u=http%3A%2F%2Fnews.wenxuecity.com%2Fmessages%2F201105%2Fnews-gb2312-1374927.html
value1008: Thanks for the comment. This is my last post on this board. There is a Chinese saying :"failure is the mother of success.". I hope that everybody can learn from his own mistakes and grow. I personally have made a lot of mistakes, especially in investments. Best wishes for all. Bye-bye!
How can CCME increase its revenue by more than 20 fold and revenue from direct sales by 10 fold while sales force remains almost flat?
Now we know that this is a fairytale!! If you still believe it, please give me another example. So I can broaden my business knowledge.
I think CCME.pk will go to ZERO eventually.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=54416774
Thanks for the info. But I never short stocks. I do not think shorting is intelligent. The market can be irrational short term. I only buy good businesses at good or reasonable price. CCME is trash, not investable.
Maybe, CCME.pk reach my target $0.5 much sooner than 12 month. All the negative news in the RTO space does not help. The discussed buy-out offers for several RTOs are turned out just ways of desperate pumps.
Through all this episodes of CCME, we should have known that we can not trust management, auditor and SEC.
As for our fellow poster on a stock board, one has to blame himself for easily to be manipulated if he makes trade base on it.
Can CCME.pk stock have a meaningful recovery? DO NOT BET ON IT!
If you still think that anything positive will come out of forensic accounting investigation, think again.
The numbers that CCME reported to Chinese authority is just a fraction of the numbers reported to SEC.
This is in perfect agreement with the following matter-of-the-fact analysis. The best case scenario for CCME's possible revenue generation from the airport buses is just about 5% of its reported number.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=53394859
It's a $billion company. I am sorry for the investors.
I sold it. CNYD has a real business and it is a good business. But, I do not know how big the business is after all the revelation in the RTO stocks. I no longer rely on company reports for the numbers. “Better safe than sorrow. “
Blue: It is unfair to ask Gary these questions. Gary is more a technical trader to bet on short term price actions of the stock. These questions are too tough for Gary or anybody to answer, except you are an insider.
Buying CCME.pk at any price is no difference than going to Las Vegas. It is a business that losing money or no business at all.
"I was completely wrong,". He says that he personally "lost millions" on CCME's decline
I congratulate Glen on admitting his mistakes. He will be a better investor. Sticking to wrong stocks is dangerous. CCME is a SELL at any price.
Bradford, who is just 24, was among the most vehement CCME bulls in the financial blogosphere, talking his book and touting China Media shares and many other Chinese micro-cap names in these very pages.
Five months later, that recommendation has officially turned to disaster. Bradford says the events have not only chastened him, but converted him. "I was completely wrong," Bradford said in an email to TheStreet. "CCME has caused me to re-evaluate everything, life in general. Expensive learning experiences abound in China."
He says that he personally "lost millions" on CCME's decline, at least on paper. "I was a millionaire and now I'm not."
One hard lesson, he said -- one that others have arrived at before him -- is that regulatory filings with the SEC aren't sacrosanct representations of corporate reality. "If you invest solely on SEC filings in China, buyer beware, because there is a lot more underlying creativity that is possible in terms of separating investors from their money," wrote Bradford in his email.
Thanks. I did.
No, it is impossible.
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.
I amazed at how people still have fantasies on CCME.pk. When CCME reported fake numbers, they believed them and hoped that stock price will go to $80 and they will get very rich.
Now after the blatant fraud is revealed, they still fantasize about the revival of the business and the stock price. Some people even thought that the stock price could back up to $8.
At this stage of the event, people who hold shares have to admit their mistakes, sell the shares and go on with other aspects of their life.
A lot to learn from Madoff's victims. A 80 year old man went to a grocery store to be a cashier. It is not a good fate, but a good choice.
People holding or buying shares now are just like madoff victims who hoped that Madoff somehow will give back some money to them.