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Re: bUrRpPPP! post# 3883

Monday, 09/13/2010 11:56:14 AM

Monday, September 13, 2010 11:56:14 AM

Post# of 34471
Burp, I can't PM you but to respond to your reply - that is exactly my point. There is a growing consensus that the only thing that can break this short wave is proactive measures by management to further legitimize the company and put pressure on the shorts. With the short interest now over 3 Million shares management needs to get on the ball and announce a dividend, like yesterday. I think many people are getting tired of getting hammered while they sit on $150 million in cash.

There is no justification for such inactivity beyond there being a huge acquisition on the horizon, but there is nothing to indicate that is in the works. So we languish some more.

It is ridiculous for CCME to allow itself to get dragged into the gutter because of all of the other irresponsible Chinese companies, yet that is what they are doing.
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