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griff100

02/08/11 1:07 PM

#91803 RE: fastlizzy #91800

CCME earnings in 2 days?...I'm hearing within 4 weeks? I am trading CCMR and holding some 17.50 calls....
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griff100

02/08/11 1:33 PM

#91815 RE: fastlizzy #91800

CCME "dd"...(stolen)

CCME will report full year earnings and file their 10-k the week of February 28th. I think probably late in the week is a good guess, maybe March 3rd or 4th. I say this because CCME is an accelerated filer, as well as the fact that they will be presenting at two conferences: Rodman conf on March 7-8 in Beijing and the Roth Conf on March 14-16 in CA. CCME is not going to present at a conference before their earnings release. So where does that all leave us? DTT now has roughly 20 days to sign off on their 10-k audit. I think its pretty much crazy to believe that this far along in the second full year audit that they would find any sort of fraud? I doubt that. I asked a CPA friend of mine who worked at Deloitte for 6 years in public accounting. He mentioned that BESIDES The quarterly reviews that are done throughout the year, the audit team will usually start their process in early December. He also said that the possibility of faking CCME's reported cash flow and B/S cash would be impossible. Cash trails are thoroughly vetted and scrutinized throughout the audit.
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griff100

02/08/11 2:26 PM

#91816 RE: fastlizzy #91800

how about 1.90?