Replies to post #13013 on China MediaExpress Holdings, Inc. (fka CCME)

[Headley Lamar]

That hit piece was nothing more than a weak move to duck and cover. My gut feeling is that there will be no part two, that was quoted purely for maximum fear to drive the price down so the shorts could cover. They were seriously staring $30 a share in the face and pulled a last ditch effort. I am increadibly frustrated that it worked and that they got to cover a lot of their position at these levels. It is simply criminal.

[Cristo999]

I'm sure quite a few smart shorts covered. Basically, there is a transfer of wealth going on from weak longs to smart shorts and smart longs. Weak longs do superficial DD, jump on during mo mo rallies or hype events like Reg SHO (buy high), and then get scared at the first sign of trouble and sell low to smart shorts. In the mean time, strong longs who are familiar with the solid and voluminous amount of DD out there (I don't think there is another CGS stock, IPO or RM that has had as much scrutiny), add on weakness, perhaps do some swing trading or put selling around a core position during times of weakness and also do quite well for themselves. I believe the cycle will be broken as the year goes on after events such as the dividend, next 10-K, additional analyst coverage, better trailing financial metrics, etc., etc. come to fruition.