Replies to post #16812 on China MediaExpress Holdings, Inc. (fka CCME)

[donlor4you]

really don't understand this but it sounds good - how can longs help?

[Koufax]

The SEC has no power to grant a waiver. The problem is the class action lawsuits. If CCME buys while in possession of material inside information, the class action lawyers will file a lawsuit on behalf of all those who sold. It is a sport that the SEC is powerless to prevent.