Replies to post #6994 on China MediaExpress Holdings, Inc. (fka CCME)

[avant]

Pretty much my sentiments.... though I will probably hold anyway.....but bring on the dividend management because you should for many reasons ASAP.

[RyanW439]

Ever think the institutions are just being a bit risk averse right now with the issues going on in Europe and the global markets selling off broadly (and the China rate hike looming)? I think that's all we're seeing. The stock doesn't trade in a vacuum..although it did look like it for a while.. I think due to the fact that we have a lot of fund ownership now, we're going to be more subject to market swings than before. We saw a few days of sell the news after the quarterly release, then we got caught up in the market headwinds.. With no imminent catalyst, no one is going to buy heavily into this stock just yet.. I think we'll see some support around $14, and that's where I plan on buying the shares I sold yesterday back..

[Traderfan]

What do you think the rest of the market is thinking right now?

What I think? Well I think that the overall markets are ready for a correction (already underway) and that we have serious troubles in our space due to the inflation problems in China now. That problem led Shanghai down 10% in the last 3 trading days and obviously that is destroying this stock as well.

Furthermore I think that the one's who ran from 7.50 to 23 in a few weeks are the first one's where people take profits from in such a situation (overall market jittery).

This all can change on a dime but for now I'm with Ryan. The 14 area is surely looking interesting for additional shares. IMO


First time since January I'm considering taking my diminished gains and looking for greener fields

Haven't you been out of the stock numerous times during the short attacks and even said so here?

[avant]

Well, in leaving the board for the day I will leave this quote for Jacky and co should he wonder here and read occasionally.

"When it's time to shoot, shoot. Don't talk"

Adios - GLTA ( longs )

[cfgjr]

Headley-

I always enjoy your posts but it may be time for you to explore the greener pastures you speak of. It is clear that your agenda does not match that of CCME management, either in substance and/or timing of initiatives, so it may be a good time to seek out a company/stock that is a better fit. This stock is obviously not for everyone and, yes, it has been quite a roller coaster ride for those of us who have been fully invested (not traders) since January. I for one would completely understand if you decided to pack your bags. Should you decide to move on, I will miss your posts and perspective and I wish you the best. Thanks for your contributions!

-Chuck