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Follow Dutch Trader on Twitter @wakeupinvestor The name "Dutch Trader" refers to The Golden Age. This was a period in Dutch history, roughly spanning the 17th century, in which Dutch trade, science, military and art were among the most acclaimed in the world. Dutch ships hunted whales... More
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  • The Day After: China MediaExpress Holdings  3 comments
    Feb 4, 2011 2:41 PM | about stocks: CCME.OB
    Lately a lot of stuff has been going on with China MediaExpress, The latest piece of research came from Muddy Waters, LLC with the title: CCME: Taking the Short Bus to Profits.

    I honestly don't know who and what to believe anymore. From firsthand I witnessed that some institutional money was buying today. Money for the long run, I don't know.
    If that investors did due diligence, I don't know. If it is just for trading purposes, I don't know. If it is all part of a Bigger Plan? It could be.

    To be honest I don't know it anymore.

    What I know and I really believe is true is their cash balance of $4.42 per share. What they are going to do with it I don't know.

    What I am going to do I know and that's sell some out-of-the money put options
    March and get some money for free. Maybe it's not for free I don't know.

    This is the life of a trader/investor not knowing anything but believing everything.

    And yes I still believe CCME is legitimate.



    Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in CCME over the next 72 hours.
    Themes: China, Media Advertising Stocks: CCME.OB
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  •  
    I believe as well.
    Seems like they will work hard to rebuttle this thing...
    finance.yahoo.com/news...
    Let's just hope it will be a good one.
    4 Feb 2011, 07:55 PM Reply Like
  •  
    Link to the MW/Citron investigation:

    www.shulaw.com/About-U.../
    5 Feb 2011, 07:36 AM Reply Like
  •  
    Here is a good link your comments are appreciated.

    ccme-info.xanga.com/
    6 Feb 2011, 09:59 AM Reply Like
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