China MediaExpress Holdings, Inc. (fka CCME)

[Headley Lamar]

If there was enough buy interest in CCME the manipulation efforts would be overrun. NOBODY on the institutional side wants this stock. Uplisting news hasn't moved it, new contracts haven't moved it, killer earnings haven't moved it, 100% growth projections haven't moved it. What the hell has to happen to get things moving?

Intitutional investors have had plenty of time to due DD and decide whether or not this is a good buy and it seems that they have made their decision for now. That doesn't mean that it won't turn around later, but CCME is definetly out of favor for now. I mean, Shanghai composite is up 2%, DOW is up 1% yet CCME is flat or in the red.

The performance of stock has been an epic disappointment all year and nobody, myself included, can explain why. The only thing that I can surmise is that the market is betting that CCME is a fraud like so many other Chinese companies and is pricing in that risk.

I'm beginning to exit my position for now.