Replies to post #9874 on China MediaExpress Holdings, Inc. (fka CCME)

[Drexion2004]

All the more reason for people to focus on the higher quality names in the US Listed China space versus some of the more illiquid (and perhaps slightly cheaper) names out there.

-Fernando

[swampdonkey]

The SA article is VERY damaging for this space and make no mistake over the course of the next few months many are going to lose a lot of money over it, especially as it originates from a credible source, Zack Buckley.
The plus side is that there will be a flight to quality and names like CCME will start to attain justifiable PE's in excess of 20+.

For many of our other obscure stocks for example those that manufacture or produce cigarettes or complimentary medicine ( i won a few ) they will be taken down fraud allegations or otherwise.

Thats why CCME is 70% of my porfolio, has been since November