China MediaExpress Holdings, Inc. (fka CCME)

[buffalosabres12]

The problem is, unless the company comes out with some seriously good news, which is looking less and less likely (the recent 8-k indicates things are not going well, if anywhere at all even, in the CCME overhaul), the stock could open at $1 or even sub $1. So a decent bounce from $1 is what? $2? Today's 8-k was a major buzzkill and really wrecked any optimism I had. It pretty much indicates that Cheng has done jack **** in the last month to fix the problems DTT alluded to. I was feeling real optimistic too by CCME even appealing, but this thing is just falling apart. Sucks.