Replies to post #25782 on China MediaExpress Holdings, Inc. (fka CCME)

[hercules16]

I don't suppose it would make any sense to exercise any March 7.5 calls right?

I suppose it's possible that they were just cooking the books a little bit and still have $3 a share in cash and real earnings of $1 per share, such that an equity value of $10 per share could be justified. Hey a guy can still dream, can't he <g>?

Best Regards,
hercules