China MediaExpress Holdings, Inc. (fka CCME)

[Drexion2004]

Well, CCME has been going up and down between $10.5 and $14.5 for the past 6 months...So the latest drop is nothing new really.

Regarding analyst coverage, it takes time. We know its coming from what the IR and company have said. CCME did not make any financing deals with Rodnam&Renshaw, Brean-Murray, etc...Thats why it isn't getting coverage from those people.

It takes time for a company to build operating history as well and CCME has been public less than a year. That alone, combined with how out of favor China has been for institutional investors, could explain the lack of institutional-buying demand. They want to see what kind of public-company CCME will turn out to be first. CNYD is going up nicely but it takes VERY little cash to move that stock around while FMCN has been public for many many years and people feel safe with it.

With that said, there has been some institutional buying (and I expect that to pick up pace in the next 6 months). Just take a look at this site: http://www.mffais.com/stock/china-mediaexpress-holdings-inc.html

That institutional-activity looks pretty positive to me.

-Fernando