China MediaExpress Holdings, Inc. (fka CCME)

[researcher59]

I don't understand the rationale behind putting so much of one's investment portfolio into a single stock, let alone a China stock that is under attack from short sellers. Why not be diversified rather than have 90% in CCME. Yikes ! Granted, CCME may indeed eventually double from these levels, but maybe not .... there are plenty of other less risky investements that could also double.

I've trimmed my holding and currently am around 10% (which I still consider overweight) assuming I'm assigned on all my naked puts (which I view as unlikely, but certainly possible even for the $7.5 strikes out to June and Sept).