Quote from an article at the Fool -
CAPS member throwerw postulated that if the market values it similarly to Focus Media based on next year's earnings, China MediaExpress would have to triple in value. In short, the squeeze is not over.
Every kind of investor is jumping in now, even value investors who might have been late to the game. The stock looks perfect in all technical aspects, and the fundamentals are very solid. The stock would have to almost triple to trade at a similar multiple to its peer, [Focus Media].
That about sums it up. Plenty of room left to move. I really don't see things cooling off much until the high $20's or low $30s. The strenght today has been extraordinarily bullish IMO. Almost 4 millions shares traded at these levels. What price do you suppose someone who bought today is expecting to get? I believe many buying today see a double inside of 6 months. I sure do.
