China MediaExpress Holdings, Inc. (fka CCME)

[Headley Lamar]

That time will most likely come when the short sellers run out of shares and after they go naked for a while like last time. I agree that the next stop is likely to hit the high 20's to low 30's. We'll see how Q4 comes turns out, but I suspect that will only put CCME at a pultry 10x TTM earnings - and thus still plenty of room to move higher over time. Especially when you consider that their revs are still growing handily and now are looking even more opportune than ever with skymall, airport bus growth and a let's not forget about the moat that they still have.

An acquisition of epic proportions could still be on the table for 2011. And if that doesn't happen they will likely wrap up 2011 with somewhere in the ballpark of over $250 million in cash. That would be $6.25ish per FDS.