Replies to post #21730 on China MediaExpress Holdings, Inc. (fka CCME)

[Remoteshots]

Just remember that the silence is by choice (or by counsel's advice). It is not an SEC requirement. That's a myth. However, any private communications could be scrubbed for insider stuff. So... blah blah. Don't know what to say about this one. Its like debating about angels on the head of a pin.

[emigdal]

The "quiet period" is a good excuse. but its just an excuse. in the past, Dan & Fernando told us in advance about upcoming possible coverage (GH &NL), about the buyback program being considered by the board and about the divi policy up for approval. moreover there was constant communication between Dan, Fernando & Jacky.

This communication channel seems to be shut down in the last couple of weeks. If Fernando is frustrated by the lack of official response from management and can’t find a way to communicate with Jacky about his concerns, for me it’s more worrisome then any Citron/MW/Sang/Pearson/Herb article

[Traderfan]

They are not in a quiet period when it comes to responding to hit pieces or when it comes to defending themselves against fraud accusations. That said there are other possible reasons why they are keeping quiet. They might want to hold off with any stuff before the audit is out and that is ok for me if they have a good plan which I hope. It's just that this quiet period stuff is nonsense except in regards to the buyback. From what I know they couldn't buy back any shares now that is true.

everyone knows they are in a quiet period. how is silence puzzling