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Texbanker

02/15/11 6:08 PM

#17626 RE: Koufax #17624

My post with the links to his comments on SA got removed. I first got started reading his analysis today with his responses to this SA article (link below). He has a quite a collection of posts on SA. What bothers me most is his claim that CCME has no contracts with the advertisers like Coke, etc. only brokers that prepay for the ads. He claims he has tried to get more info on this from the company and they are not forthcoming. He says that confirmation and proof from management on this one thing would clear the company once and for all. Verifiable contracts with large companies paying them for advertising, as its unlikely that brokers are prepaying as much as CCME reports for bus advertising. Maybe GH will provide a satifactory answer to this in their report.
http://seekingalpha.com/article/252611-the-game-of-shorting-china-mediaexpress-has-been-exposed?source=commenter