Deep Value, Special Situations, Contrarian, Long Only
Contributor Since 2008
Unfortunately, I can't write, reply or comment anymore on this platform.
I wish I could turn back time, because investing and investment writing is my passion, but I can't so don't expect me to respond!
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.
Main points of writing and investing interests: China, Biotechnology, Consumer, Energy, Mining, Dividend, OTC Market, Food, Robotics and many other themes and/or sectors.
All opinions are my own and do not represent the views of my employer.Valuation metrics play an important part of my investment strategies. My investment philosophy is Unloved, Underowned and Undervalued.
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 OTCPK:CCME over the next 72 hours.