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Re: cfgjr post# 14189

Friday, 02/04/2011 12:15:23 PM

Friday, February 04, 2011 12:15:23 PM

Post# of 34471
I agree with this.We are a small institutional account that holds 180,000 shares-have been accumulating over the last 7 months.There is excessive emphasis on short term volatility here (understandably given what's happened).You should never buy small cap shares on margin-period.
What you should focus on is the long term picture of Chinese being rich enough to be able to travel on buses and ultimately purchase goods.This is a 10-15 year story from here.CCME is a toddler that shows promise and has just got beaten up by some bullies whose reports and timing are BS in my opinion.

If CCME delivers the numbers in a few years time you won't see this drop on a long term chart (try and find the 1987 crash on a long term chart).Remember Warren Buffett and Mr Market-somedays he's a manic depressive.Here though people have deliberately pushed you to one side of the rowing boat in one of the most aggressive short salea but the cumulative knowledge on the board knows it's false and has confidence in the company.It's not often you get the opportunity to buy cheaper than the FD!

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