China MediaExpress Holdings, Inc. (fka CCME)

[Gamma1848]

"first thing we do, let's kill allthe lawyers"
Henry VI, Shakespeare

Its not Citron's fault you lost money. Its your fault. In the long run this is simply a buying opportunity.

Today I got margin called for a sizable loss however that is MY fault for pigging out on the first pop off $18.60 and not Citron's fault for being scumbags. I am glad that this happened as it reinforced to me the importance of staying well underinvested so that I have enough cash to deploy when hit pieces come out on my favorite names.

Thankfully, as the market was closing I sold 75% of my trading positions to clear some room for CCME and bought back in after hours $0.60 lower than where I got margin called. I'm not sure if that will make me ineligible for your lawsuit since by the time your lawsuit gets to court CCME will be in the $30s and I will no longer have standing to sue rather I will owe Citron a nice fruit basket (with plenty of lemons.)

Even though this activity is fraudulent these hit pieces have made me money in the past as I have bought the dips in TSTC, CVVT, CHBT, and now CCME. If you are investing in the RTO space you need to do your due diligence and come to your own convictions so that when these hit pieces come out you know when to short the frauds and you know when to buy the dips.

Law suits are for the weak. Take some personal responsibility for your actions. If you sold for a loss today it is because you were over levered (your fault!) or because you foolishly thought that Citron's report had merit (your fault!) If you thought Citron's report has merit you probably don't belong analyzing individual stocks. Buy an index fund or etf.

The only people worse than the Citrons of the world are the ambulance chasing lawyers who go after them. The strong investors will take advantage of the situation the weak investors will cry about it to the SEC.

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on a tangential note, this article really angers me:

http://www.thestreet.com/story/10989238/1/the-securities-arbitration-law-firm-of-klayman-toskes-files-750000-claim-against-merrill-lynch-on-behalf-of-a-former-ups-employee-who-held-a-concentrated-position-in-ups-stock-on-margin--bac.html