China MediaExpress Holdings, Inc. (fka CCME)

[Headley Lamar]

Good news day. I'll gladly take it. This reaffirms that anything related to credibilty will move the stock significantly. This is merely a rating change from a firm that is not very widely known and that everyone already knows looks favorably on CCME. Imagine what coverage from MS or GS would do. MS coverage, if it comes, will be a 15% plus day IMO and may finally allow the contract announcements and other business news to be appropriately and sustainably accounted for in the share price.

Some of the more savvy shorts are definitely covering today feeling that some form of bottom has been set. Heck, they get to cover extraordinarily cheap - lucky bastards.

The stock has had ample time to consolidate now and looks primed for the next big leg up if the right news comes. Today was a good start.