Once Deloitte signs off I would be shocked if we didn't see an increased institutional presence. Everyone is aware of CCME and the issues holding the price down. Backing out the cash, anyone who thinks it would be acceptable to sell the company with it's current growth rate and auditor backing for 6x earnings with cash backed out is crazy. Minimum of 10-15x plus cash and probably get the attention of management. I can see them just taking a stake as an investment and watching what developes over time. Would not use institutional ownership as my guide for anything like this occuring. Expect their support as there is big money to be made in this great small floated heavily shorted company once Deloitte signs off.
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