China MediaExpress Holdings, Inc. (fka CCME)

[1hothand]

Lionmaster. Here is the short arguement. I am pissed at CCME management. I've averaged down 3 times and at a loss of 34%. This is insane but I will not become a weak long. I will average down 1 more time.

http://www.thelion.com/bin/forum.cgi?sf=CCME&msg=3961&cmd=read

From: Lionmaster (Rep: 5789) Date: 09/15/2010 13:00
Forum: CHINA MEDIAEXPRESS - Msg #3961 Thread #673060900 (Rec: 0)
Lack of internal controls --- also huge insider/founder wanted to sell millions of shares, the management put out a PR saying they don't know anything about it --- WTF --- do you actually believe that? Also, later said that insider filing was a mistake or error --- that is just totally bogus. All this leads to some crookiness in CCME, and I attribute this to integrity and lack of internal control issues --- and yes you can't believe what they put out now due to this.

http://www.thelion.com/bin/forum.cgi?sf=CCME&msg=3964&cmd=read


From: Magicmann (Rep: 73) Date: 09/15/2010 13:30
Forum: CHINA MEDIAEXPRESS - Msg #3964 Thread #673060954 (Rec: 0)
I am AMAZED at the level of DENIAL of PermaBULLS on this one...

the Russell add was a gift and the start of slide. Then the 10M share dilution in 09-10 while cash on hand was rising (doubtful).Then another late 10Q was another signal of something fishy going on. (maybe something about numbers of buses vs ad time that does not compute) Now the latest 144 insider wanting out using GS and company issuing clarification. Experienced traders know this thing will end badly.

Watch it next thing they will issue PR saying they are going after naked shorts. Another signal to GTFO.