China MediaExpress Holdings, Inc. (fka CCME)

[chensiona]

While I expect a dividend, I don't expect an annoucement for a while if they are planning on actually buying back some shares. But since management has referred to it several times now as being aware of the effect a dividend would have on share price and the benefits for shareholder value, I think they are just analyzing the situation to see if its still needed after this latest news.

If it was me, I would first buyback as many shares as possible under $10 then if the situation didn't improve and if the shorts still had a high percentage I would announce the dividend.

On the other hand if the shorts attempted some kind of attack with a smear campaign then I would use that day to buy as many shares as possible and announce the dividend news right the next day.

Either way I think its more of a 'when should we release the news' instead of 'if we should offer a dividend'.