Replies to post #32301 on China MediaExpress Holdings, Inc. (fka CCME)

[FairviewInvestor]

I got some in the same range and just sold.

It may not be a golden rainbow... but it's a good trade and I'll take that... and live with the consequence of hopefully of seeing it climb to $2.50+.. for all of you.

It's a t $2.10 now!! my loss, your gain. : )


RE: The fact is we do not know the extent of the fraud. So to accept that it is 100% fraud and going to 0 fast is extreme.

I am optimistic that there was/is a real business underneath the fraud. I believe at some point we will hear from them and at that stage it will be valued much higher than it is now. Got some at $1.50 and $1.30 which are looking good currently.

My Golden rainbow scenario would be a buyout in the $5.00 - $6.00 range, which I actually think is not fantasy. It depends on the extent of the fraud.

And it's also trading very nicely.