China MediaExpress Holdings, Inc. (fka CCME)

[wctbills]

Pretty much done.

I'm just being sarcastic... and pointing out all the missing items in Pearson's article.

But given all the retail investors in this stock and the lack of more coverage, especially from the bulge brackets, this stock won't go up with committed buying.

For reference, I was in GGP from $0.54 back in April '09 and sold out at $16 in Oct '10. The move from $11-20 is all institutional buying after Bill Ackman of Pershing Square got
1. Brookfield and others to be the stalking horse bidder
2. UBS (bulge bracket) to underwrite the new shrs offering

Will that happen for CCME? Will they do an offering to attract a BB to cover them? Wall St. doesn't work for free or out of the kindness of their heart. They want fees... $3M fee at minimum.

So either CCME does an offering or it accepts a buyout to go private. That's the only way I see it going to $40 in 2011.