China MediaExpress Holdings, Inc. (fka CCME)

[Headley Lamar]

I don't agree with a buyback. Buying the shares back for more than they sold them to Starr for just 6 months ago would send a clear message that management has no idea what they are doing. That would mean that the Starr equity investment was a colossal mistake because the net result would be a transfer of equity out of the company and into Starr's pocket for the difference in share price. Let's just hope that they have good expansion plans that they are going to capitalize on soon.

Their past ROI implies that they know how to put money to good use. I think we all wish they would quit dragging their feet though.