InvestorsHub Logo
icon url

Traderfan

11/08/10 10:21 AM

#6605 RE: value1008 #6604

No doubt that this stock is trading above 30 in 6 months if they keep up these numbers. Q3 was just what I expected, really nice.
icon url

chensiona

11/08/10 10:48 AM

#6612 RE: value1008 #6604

You're absolutely right about the double and more in 2011. Sometimes people forget about the long term picture.

I'm fairly confident CCME will achieve $4 EPS in 2011, slap a deserving 15 PE on that and we have $60 stock in our hands right now at $20. Its all about having the patience to hold. We've already seen how fast this stock can rise and with each passing qtr CCME proves it has the ability to be a top performer in the China advertising space. I for one won't be selling a share right at the beginning of this growth story.