China MediaExpress Holdings, Inc. (fka CCME)

[Traderfan]

Statement from an institutional fund guy on SA regarding CCME and why he doesn't own the stock right now. Quite interesting since we always ask ourselves here why there aren't more institutionals picking up shares.

Tia: I have owned CCME, and made a little money on it - but am less enthused about marketing and advertising companies in general, and made a decision not to focus my limited time on good analysis of it (when in it before I will admit to not having done so). While it may be a compelling story and opportunity, I would express an opinion of caution in that a) if it seems too good to be true...it possibly is; b) It has been seen in the past that the factors you cite (dividend, auditor, big names etc. don't guarantee credibility nor immunity from fraud. But I will admit that in this case I really don't know and don't want to take the time


http://seekingalpha.com/article/243253-macro-call-of-the-year-buy-chinese-micro-caps