China MediaExpress Holdings, Inc. (fka CCME)

[redman_2014]

CCME - Regarding sell-off

1) I think a bunch of investors were expecting a quick jump into the stratosphere and became disenchanted when the morning rally faded. Now they are dumping because their impatient.

2) Others are probably selling to lighten their holdings because they think they will get in cheaper next week. And some potential new buyers are probably holding off their purchase for the same reason.

3) And the 10-K release hasn't taken effect yet because it takes time to due proper DD, so first the financials have to be updated on all the sites, then the investors have to find CCME, then DD has to be performed, and then they look for an entry point. At least that's how the types of investors we want(institutions) will do it. So even investors who are quick with their DD probably aren't buying because today it's been dropping like a stone.

All conjecture, but that's my take on it.


-Adam