Replies to post #6396 on China MediaExpress Holdings, Inc. (fka CCME)

[Drexion2004]

Most of us expected some selling pressure today from profit takers...

On the other hand, i'm impressed at the buying demand as well. With such a big volume, I think any pullback will be limited. Healthy though, consolidation on high volume is great.

I disagree about everybody being in though, CCME is presenting on a lot of conferences and we have had plenty of new eyes get involved with the company in the past couple of weeks. Many are not THAT familiar with CCME and good news in Q3 results with something like a dividend will come as a surprise to many of them.

You also need to remember that if/when they announce ANY dividend, that will open this stock to a whole big slew of dividend-only investors/funds/etc.

-Fernando