True, in all reality they should have responded by now but consider that if the rebuttals came quickly, without being fully substantiated and not underscored by its legal team then this would give shorts more ammo and CCME would be taken down again.
I would rather they take their time ( within reason ) even if it means losing a few more $'s and make the response absolutely water tight in every respect, crafted such that THERE IS NO ambiguity or indeed interpretation to suggest other than 100% legitimacy of their enterprise. The rebuttal, undoubtedly will be accompanied by supportive documentation sanctioned or verified by a 3rd party
Once thats done and the dust has settled a slow a steady release of positive developments should ensue, Q4's, 10K, 2011 guidance which i doubt will be as low ball as many are expecting and the divi
Nothing but knock out press releases in the near term. But as we have witnessed, CCME is not for pansies and you need a lead lined stomach for it
"The pinnacle in my career financially wasn't acquiring the rights for Baywatch but my investment in CCME in Spring of 2010" I owe Fernando a few drinks for that one" David Hasselhoff on LARRY KING