China MediaExpress Holdings, Inc. (fka CCME)

[gunnar]

Anyone's guess, never seen a stock set up this well for a major pop. Fair value relative to VISN and FMCN would be about $20, just on current earnings... looking ahead, much higher.

Significant events on the horizon, just a bit further out from Friday - earnings by March 15. Company has already hinted that the 4th quarter will be good.

And could an acquisition come sooner rather than later? If they are looking to an acquisition to contribute to the $83.5 million 2010 earnings target they may be moving quickly to get accretive earnings under their belt. This statement was made in the Starr PR:

"In addition to enlarging our market share and geographic coverage through agreements with additional bus operators, we are now exploring possible M&A opportunities."

Enlarging their territory is the right move at this point, IMO, five years from now they will be glad they established as big a footprint as possible.