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That might be ...
And also the fact that www.switow.com is reaching more and more chinese people, switow ranks it in the top 150k now, and is getting more and more visibility.
I do not intend to say this is not a F... but it makes me believe that the flyers on the buses are reaching more and more people and they must have a business there, and the fact that the ceo has showed on the Forbes...
Well... since i give my money as almost 100% lost... i can just hope it´s not that big of a F...
Evidences tell me it isn´t.. but who knows ? maybe someone wants to frame us...
I don´t know... i am hoping for the best but expecting the worst.. like most of the guys here i am thinking that the money is already lost.. now i am just following what is going on and happenning.. i hope for a miracle and everything turns out to be good... or not so bad as it looks.
Anyway good to still see the stock halted give us time to think and know more about what is going on...
Ufff...
Well.. i am so reliefed with the halt of the stock.. i was becoming realy frustated watching the stock go down and down only for the shorts pleasure... this way i will finally rest... if it goes down.. oh well i loose my investment and i will spend some time away from chinese stock if i double or triple my investment i think i will have always (well i am over reacting here) a percentage of my investment in ccme.
Well i am just glad they halted it... i can go pee and leave the front of my computer knowing no more hit pieces will be sent...
Long.. not many shares.. but enough! ;)
Damn.. i was waiting for my 3 month paycheck + bonuses to double my position in ccme... and i see this going north today after a MW "re-insured" this was a fraud.. oh man... they are lacking credibility (as if they had any... by now)... guess i will have to buy more but not double my position.. maybe add 90% more... next week! hope the 3 stooges can mantain this a bargain while i don´t have my hands on the dough!!!!
Well .. i think institutions are buying... google finance shows intitutions hold now 31 % (and i bet they are buying more.. on our way to 10-k)... smart money knows where to go
Hope shorts have lots of money to buy the shares they are shorting.. because most of us won´t sell them cheap!
I HAVE NO IDEA maybe some "new" research is out.. from the 3 stooges ??? i have no idea... but the bid had a major drop... anyone knows if something was wired (hit piece) ?
hey bUrRpPPP i think the movement has to do with the announcement i saw of the earnings of the 4th quarter (10K)...
maybe shorts are covering... hehe !
Really hope so.. but if not.. i don´t care.. nice to see a runup!!! ;)
CCMWEEEEEE
just to add the link hope you can see this viking86 because i don´t have any more replies available (i get only 3 a day)
http://www.tradingmarkets.com/news/stock-alert/ccme_china-mediaexpress-holdings-inc-ccme-corporate-event-announcement-notice-1497724.html
ok, thank you bUrRpPPP i thought i have seen that in google finance... saying something about the 25th of march.
Anyway.. thanks ;)
Is it me or i guess they announced a date when the Q4 numbers will be released ?
25th of March
I guess we will be in a rollercoaster yet for a while, but it is all good... just buying the opportunity!
Hehe.. hi nitwit... i said it was only my opinion.. you have the right to have yours ;) .
Will see in a.. let´s say... 1 month where will we be, ok ?
Could wish you all the luck in the world (but i won´t) because you will need it.. just my opinion to ;).
Buyback and dividends, since almost everyone here as their own opinions , here is my two cens. I think management is doing just fine (in a long term view) they will issue a dividend of 5 to 10% of net income twice a year but that is not the essencial (that is only to give short some pain and for everyone thar invest in the company receive a bonus $$) but what i feel they really should do is go for the 30 M buyback (that´s just enough, no need for more) just by doing this the stock price would have a floor and it would start walking up a stair... and it would certainly trigger a short squeeze... just imagine they would buy 2 M of stocks with a medium price of 15 US$, for that to happen stock price would at least be up from where it is now... and how would shorts get off the reg sho ??knowing they already walk in thin lines? having to buy back 2 M more shares (only to get off the reg sho) that would either drive the stock price to new highs or if they didn´t cover and if we saw the reg sho 13 day... we would see them being forced to cover and CCMWEEEEEEEEE (like someone here say) would start behaving like a railcoast (well just the going up part).
For me i think we that have our DD done and believe in the stock, we will only loose if we get taken by the FUD that MW, CItron and other "people" (can i call them that?) and sell, if not... we will only win (oh for you that believe that ccme is a fraud... please sell and leave, either you haven´t done your DD or you know more than everyone else in here and you will be the next Warren Buffet (but not following Buffet´s ways to invest), because everything points to ccme not being a Fraud).
Just to finish, management is just following the rules... they are preparing everything to disclose when 10-K is finally out.. what i really want to see is a nice PR followed by a conference call where we can have a Q. and A. period.
Just got to love them bids...
from 13.55 - 13.62 we have a lot of support +/- 58k at the bid
is it me or i see a 50k bid at 13.62 ??
is it me or i see a 50k bid at 13.62 ??
Well right now as far as i know they only have the monopoly on inter-city buses (because they are the only ones with the license from the china authorities ... wich everyone thinks will be prolonged beyond 2012.. i also think it will be renewed.. but even if it does not get renewed.. they have the advantage of having a great amount of companies under contract) so they have the advantage playing on their side and can go into aiport buses and tour buses having a monopoly and income fountain on inter-city buses...
damn i hate only having 3 daily "free" posts (now only have 1 more) on i-hub (since i don´t have bought anything from it, well better than nothing i guess
Disclosure - long in ccme
CCME operates in inter-city buses.. the article is about operators INSIDE cities.. not travels between diferent cities. I remmbember that someone contacted the management and when confronted with a question (i think about advertising in a city) they redirected to towona (with whom they have a good relationship).
The only thing i have to say about management is that they don´t know how to handle this matter (of fraud acusation) but once they get a handle .. they will solve everything and the stock price will go north.. and shorts will end up moving on to another stock)thank GOD!
Let´s not forget that jacky was a former Pricewaterousecoopers acountant.. so i doubt that delloite will find something that could cause problems to ccme... jacky bought at 15... i can´t put my hands on the fire for no one.. but i am really confortably with my long position... i was planning to double... but i am just letting the things get calm again...
Hi salty...
well i added 10% more to my portfolio and i am not selling any time soon... i would love to see shorts with the rope on the neck.. it will depend on us longs.... hehe and not lending our shares (at least for now...) regsho
Yep . that´s what i think also... knowing how those bast#"$ are... it wouoldn´t suprise me at all if they sent that piece in the beginning of the chinese new year (so the company wouldn´t say nothing till the end of the celebrations) thus giving them time to cover on a lower price...
This should be reported to sec if they go ahead with this...
Can someone tell me what the hell is going on?
3M shares or almost 30% of the float traded in the first 1:30 hour ??? and after a previous breakout yesterday ?? and more than 6.5 M shares short ?
Not that i am going to sell my shares (not until it hits my target 1 at least.. and when it reaches there i am going to sell only some part of it and keep ridding the other) but.... with a forced buy from the short sellers being imminent shouldn´t the stiock continue to go higher (because of some shorts trying to cover theys a.. ?
and can you see the huge bid - ask gaps ? more than 40 cents sometimes between ask and bids (sometimes even bigger than this) and i´ve been normally following it up and hasn´t been this high before... something is going on.. can anyone explain in to me ? tothe , 6959 .. i need charts hehe , only to remain calm... nothing more, my shares are locked hehe
Please.. i am doing a survey here:
Who thinks that shares being shorted have :
a) increased from 6.5 M, making one just want to make sweet love with ccme shares (since they are making us reach heaven soon)
b) maintained the death risk level ( to shorties i mean)
c) went down as the stock price went up ( thus making shorties think they are the savvy here )
my bet is either a or b... but having in mind this morning movement and yesterday shares shorted upon the volume we had i am more in to answer A!...
Sweet sweet love
I see that they are trying to scare the weak hands for them to sell... oh well... something we didn´t knew it would happen... wooahhh.... lucky for some shorties that there are some weak hands and people taking profits from yesterday... but the stock is not going to stop here... i believe this is about to end and the stock will go north...
Here goes my 2 cents (€ denominated currency) opinion...
After all the rush by new investors to get into the stock (and some shorts covering a bit tooo.. well the brightest ones.. if there exist those kind of shorts) the awesome brains (shorts) are trying to walk us down again (well mixed with a bit of profit taking by the new guys)... but what i see is that the new short number is not going down... don´t believe we longs are selling any shares now when we can sell later at a higher price... so everything wheighed... GO CCME.... soon my beach house will not exist only in my dreams!
Well.. it appears that it´s going to be a wonderfull day today also ... (or should i say.. next 2 weeks) ... one more article about the short squeeze...
http://www.thestreet.com/story/10986595/1/ccme-the-biggest-short-squeeze-of-2011.html
Well since the stars are aligning who am i to go against the system.. i am going to load a bit more tomorrow aswell... i do not own as many as you guys hehe.. but i got my % that will buy me a house soon ;) Go CCME!!!
Lock and load! ... my shares aren´t lent also... ;) a tiny bit more pressure in to the steamer....
-6,5 M shorts
-regsho (soon to reach the limit)
-hardcore investors not planning to seel their shares until they reach a fair price (at leat 30 € for some of them - more like to 40-50 for others)
-news coming soon (Y/E finantial gone through by delloite)
resuming... baby dreams today...
shorts crapping their pants right now!
wonderfull vision
NewsFlash!
Just checked their website again and it was updated , they now have more apple produts available and other brands also , i think they have printed a new catalogue also...just sit and relax... things are being delivered, i guess the company is still holding some news ... and will only spit everything out in february and Gs will Begin coverage in the end of this month... well... only my 0.015 €... around 2 american dollar cents.
well... that´s a bit concerning.. but not that big, in all my online purchases i´ve never given a comment on a product,when i buy i already know what i am buying... and in my own online shop only one customer in more than a thousand gave a feedback, so that really depends on the kind of person you are (to leave or not a feedback) and.. Switow is still in the beginning i think you have to have patience.. it will grow and make daddy proud! you can bet on it ! Lowest price guarantee... that´s more than i could ask hehe..
Sorry for replying to myself..
but.. anyone ordered some roast shorts ???
Join us and lets go have our fire feast!
WOOOOOO... i see more than 100 k bid now.. around 20.15-20.20 !!!!
Love to see it go up this way... (thought it would just go down this fast hehe.. now i can see it go up the with the same pace hehe.. walk this thing up) i should have doubled my position yesterday... outrageous bids today hehe (like someone said before hehe
Long and strong CCME
The way i see it i think shorts... well the less dumb ones are taking advantage of this market (going down)... and selling shares (even if they are getting naked) in a try to trigger some stop/losses people have and when these guys that started doing this think it´s enough they´ll just stop doing this and buy the shares they have too.. leaving the roaches (less bright shorts) to their own fates... ah... i love volatility.. makes my day a brighter one.. when i can load shares than in a year time can be trading at 4 X they are now...
Make my day SHORTS! and buid my tomorrow home beach ! ;)
I´m thinking of doubling my position ... but maybe during this week not now, but i´ll see!
I´ve added a bit more too but 3 cents higher than you Chesterfield ! ;) 17,43 € just making life harder for shorts!
Monday will be a new start!
This weekend will be perfect
I agree with you Cristo999 in the tour buses.. i can´t see why the ad rates are higher there and in inter-city they are low, and if that is true why ccme haven´t deployed their arsenal there yet if it is so profitable? If i ever went on a tour bus i wouldn´t care about the ads... unless they were embebbed in the program that maybe was explaying the tour itself and the major events that happened in the city/place we were at..etc...etc... but.. it´s china market.. or maybe just me that have never went on one of those buses (most probably)
Hi salty !!
Thank you for noticing, in fact i´ve been just following what you guys ...for a long time (never wanted to register myself, did it today morning only) now i have and i am looking forward to help with anything i can (but since this is not my area (finantial or advertising).. i don´t think i will help much , although i will do my dd and share what ever i can find)
"Look forward to a new set of eyes.... "
I am affraid i won´t bring much new... you guys said almost everything that it´s to be said about the company... i know i am thrilled... and since you gys like to call it long or short i am definitely long in this, never seen a company so eager to please shareholders (i mean chinese companies) and so good finding business platforms to bring more shareholders value.
Sorry for any typos, since this is not my native language ;) (not chinese also , but for that i think nigel can help us with)
Hello Guys!
Don´t know if any of you have mentioned that in switow they say they have a bus network of more than 26 k buses (i know that we heard from an interview they already had more than 28k ... but that´s something not oficially disclosed yet from their part... but the + 26k i think we can take it for granted! since the info/source is from their website).
http://www.switow.com/helpcenter/manager.do?method=getArticle2&helpinfoid=005001
(the link is not translated .. but put it on the google.. and read)