China MediaExpress Holdings, Inc. (fka CCME)

[Motor City Trader]

I agree. At this point you would think someone could have proved some kind of wrongdoing. Staar's case is a joke; but, hopefully, it forces the hand of Cheng. He's a "key man" and the reason they got the exclusive permit - so they can't really get rid of him. I'm not expecting anything to break until the fall. No point in selling like Chris said. Probably insiders and former shorts have been quietly scooping up shares at these fire sale prices. China is going to attract a lot of investors with this Clown Show in Washington, hell Jim Rogers moved to the orient in '07 because he thinks that's where the money is going to be made. When the smoke clears there will be huge money made on Chinese stocks once the clear up their GAAP issues, by then the little guys will be out of the deal. Because the retail investors are almost always wrong. There is blood in the street and retail investors don't have the stones to be counter-intuitive and buy what appears to be a total POS sector. I've never seen anything like this - but I do know that CCME is at the core of this whole boondoggle.

Jim Rogers in Singapore