China MediaExpress Holdings, Inc. (fka CCME)

[Headley Lamar]

I hope you are right, and my gut tells me the same thing. At some point you have to trust that they are just not "that stupid" so as to sit back with that much cash and do nothing under these conditions.

A dividend and a buyback are both no-brainers at this point. Spending $30 million to gain $80-100 million in market cap makes all the sense in the world. Shoot, a strong dividend could jump the stock even more than that in a very short period of time.

Until that hapens, watching CCME on a daily basis will continue to be like watching a patient going into cardiac arrest while Jacky sits there with a defibrillator that he won't use.