China MediaExpress Holdings, Inc. (fka CCME)

[gunnar]

The company's earnings are sitting in cash for the most part and the management is giving conservative guidance - doesn't look like a suspicious situation to me. The trading, however, does look suspicious, with phantom ASKs creating walls that disappear and reappear all day long, and little 100 share trades walking the price down. A large seller wouldn't be pulling his large offer at one price then hitting the bid with 100 shares at a lower price. Doesn't make sense.

And actually the volume has been light during this 2 week drop from the $12s, today was the exception not the rule.

I respect your opinion, you are right to be concerned, as am I. I'm just not seeing any evidence whatsoever that there issues with the company - just the opposite.