China MediaExpress Holdings, Inc. (fka CCME)

[systrader]

Nervous Nellies

If you can't stand the heat, get out of the kitchen.

Please notice that since the warrant conversion, the volume on the down days has been very light.

Date Volume Close Change
2/9 201,280 11.75 $(0.01)
2/8 345,200 11.76 $ 0.24
2/5 189,000 11.52 $(0.14)
2/4 211,100 11.66 $(0.67)
2/3 172,100 12.33 $(0.32)
2/2 364,000 12.65 $ 0.53
2/1 620,100 12.12 $ 0.37
1/29 362,100 11.75 $ 0.01
1/28 408,400 11.74 $ 0.13
1/27 279,400 11.61

It's not that there are a ton of sellers, it's that there are few buyers at the moment with all the economic uncertainty surrounding the markets. People are scared and selling out at any cost or just repositioning or just waiting to see strength before buying and chasing it up. Most people are NOT headed for the exits, nor is there a market maker dumping shares.

It's only a matter of time before this company get's more press, more coverage, and more interest from institutional and general investors.

All I can say is be patient and you will be rewarded.

Know what you got and be comfortable with it.