China MediaExpress Holdings, Inc. (fka CCME)

[inapdave]

I'd be interested to know how many funds have bought the stock yet. We had that big surge after the earnings report, that probably sucked in a bunch of traders, but perhaps there wasn't enough institutional buying to sustain the rally. Once there was no follow through the day trading crowd sold, and the selling intensified after the lousy reports by TSTC and RINO.

Eventually the cream will rise to the top, but the chart looks ugly now, so it could take several weeks to repair. My guess is that we'll start to rally in late April in anticipation of the Q1 numbers.