Replies to post #12748 on China MediaExpress Holdings, Inc. (fka CCME)

[spinco]

@bUrRpPPP - Watching that 50dma closely. It appears that someone with endless supply is sitting between $17.10 to 17.25. Until they lose that tight grip we will not go anywhere. I think it will run past 18 in the last hour and closing the day around 50dma.

Very interesting battle for sure.

[Rawnoc]

Why pick sides? I've got the straddle -- out of money puts AND calls.

CCME dies or flies....either way I win.

[bogey999]

Yessir, we need to just close over $18.00 to put the 50 and 33 behind us once again. A simple green close would do it, but why not go for the psychology of closing over $18