Replies to post #8681 on China MediaExpress Holdings, Inc. (fka CCME)

[nsomniyak]

I don't think anyone would buy CCME for the dividend. The dividend does, however, do two things:
--it tells the market that management is aware that they need to do something with all that cash
--it provides a framework for making it more painful to maintain a short position (once payouts start)