Focus Media Holding Ltd. (FMCN)

[chris8sirhc]

Have you guys seen this yet?


FMCN has several buyout offers at $27 from private equity firms.

then there is this... The implications are clear. If the PE first figure out what this guy in the blog below did, they will walk away. There is a potential for a 1000x return, but if the PE firms, for whatever reason, do not find that info, or have some other interpretation, the buyout will stand and the contracts will expire worthless.

http://brontecapital.blogspot.com/2012/09/the-choice-of-lawyers-in-tortola-focus.html?spref=tw

http://seekingalpha.com/article/864941-focus-media-new-bronte-allegations-make-it-a-strong-short

fyi,

I am Long 5 contracts of January 2013 $20 strike price FMCN puts.
and I am long 2 contracts of January 2013 $15 strike price FMCN puts.