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Post# of 34471
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bullmarkets

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bullmarkets

Re: None

Wednesday, 04/27/2011 1:43:07 PM

Wednesday, April 27, 2011 1:43:07 PM

Post# of 34471
CCME - re: Rick Pearson article today - "CCME is now being marked at $1 by brokers."

Rick's source?

re: http://www.thestreet.com/_yahoo/story/11096044/1/china-small-caps-dont-trade-on-rumors.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA

Obviously this is not the price of the stock. One explanation is that brokers use this figure internally to calculate cost to shorts.

There is discussion on the CGS board. In addition, the comments on the CGS board about the sector and pricing CCME are interesting.

I'm going to repost two of them but everything written there about CCME is worth a look.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62493565
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=62494435


-Andrew

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