China MediaExpress Holdings, Inc. (fka CCME)

[martych]

Good stuff. I reconciled myself to the fact that this situation is one that no investor could have been prepared for. 50% short, hit pieces everytime we turn around that are mostly easily refuted. Small cap with limited institutional conviction and waiting for the audit. On and on it goes. I won't be surprised if this company turns out to have some small warts. They are a small cap stock with limited history trading on US exchanges and in a market that is pretty undeveloped still. I will be very surprised if we find out somehow that there is fraud as opposed to modest mistakes. Either way, investors that are disciplined will survive. The company probably could have handled this differently but I have a hard time criticizing them. They were blindsided and don't have a wealth of experience dealing with US markets and manipulators such as we've seen. If they are shown to be clean whether a little sloppy or not, I'll have no hard feelings toward them. Frankly the SEC is more to blame than anyone as they sit back and continue to allow this kind of crap to exist which is clearly manipulative and damaging to emerging companies.