Replies to post #6880 on China MediaExpress Holdings, Inc. (fka CCME)

[Scrot Deep]

I agree 100% but it has fallen on deaf ears. It appears it won't happen for quite some time.

[chensiona]

The problem the shorts have now is that everytime they bring it down they have to compete with fresh money and institutions wanting cheap shares, as soon as they run out of ammo it starts to climb again. They are hoping market sentiment takes a turn to the worst but thats always a 50/50 chance.

I'm still waiting for some new analysts to digest the recent numbers and start covering CCME, the more the merrier.

[avant]

I think the dividend should be issued on principle alone.....when you have 170 million sitting around, you should issue a dividend to the shareholders. In this particular case it does many other things also....kills the short attack and takes advantage of it to raise price....further squelches all hint of impropriety by giving cash back....brings in a whole new large group of investors that only invest in dividend stocks and many more mutual funds adding to the stabilization and squeeze to real value....and the company being the largest shareholder benefits also of course. I still say bring the dividend ASAP - JMO

Cheers