China MediaExpress Holdings, Inc. (fka CCME)

[derek2000]

Fernando,

Those who subscribe to fundamental analysis and value investing would agree with you 100%.

There are, however, a big chunk of traders who subscribe to technical analysis, or trading by momentum. To those people, CCME's lower PPS does not necessarily mean better risk/reward, but increased risk and reduced reward.

I would say that there are more people of second type than first type on this board.