China MediaExpress Holdings, Inc. (fka CCME)

[Drexion2004]

Yeah things are looking good. Fundamentally and technically this thing is going higher... Its just that from the perspective of a warrant holder, the returns the past 2 months have been so mind-bongling its hard not to second-guess things.

One really needs to focus more on the movement of the *common* stock (Which has had a great return on its own right) to see how much further this thing really has to go.

We warrant holders have that 'ticking clock' for when they force us to exercise via the redemption notice. I keep expecting the registration-statement that allows us to exercise to come any day now. Will be interesting when that happens and the warrants close the intrinsic-value gap with the common. The warrants need to be at around $7.5 to be 'fairly valued' with the common after all!

-Fernando