Numerous blogs and articles had came out arguing for and defending CCME. Shareholders themselves had also been doing a tremendous amount of DD on their own and had published their findings, yet the mgmt had been silent since the last press release. You can say the mgmt don't have to release an announcement everyday, but in a time like this,keeping the shareholders posted on what the next step the company is going to take to fight the short attacks is not too much to ask for. now we all have to sit here and wait for the earnings to come out which we don't know when that is either. CCME should at least tell their shareholders and investors when they will release the full audited earnings report. I think CCME mgmt could step up a little on communications to their investors, especially during a difficult time. But now we are completely left in the dark.
even Wachovia bank's ceo bought (1M?) shares before the bank went to WFC(like ten dollars below?), but still see no insider buying in here. That will help show the confidence. If they start buying and I will too.
I'm getting the crap kicked out of me. my average price is $17.85 as i stated in another post. I need this thing to go up $5 just to break even. i'm not gonna lie to you, im very frustrated right now.
I have to admit, I also am getting Pi**sed off at Management. Something is not right here. I am no dummy. I do not care whether Chines bang-ese,whatever, this is traded on US stock exchange, and CCME better learn quick about this "global investing"....They should speak soon, or I will have to let the emotions go (which is stupid on my part), and get rid of this and move on. Never again with China stocks for me...Sorry....They should respond. The da** holiday was a cop-out also....24/7 business....365
The longs they want to get off the ship will abandon the ship...the longs they want on the ship will stay.
The great thing about the market is you have choices...if you don't want to own the stock...you can sell and someone who does will buy.
You think the companies all want you as a shareholder...they don't...they want either the institutional groups or investors who are there for the long term.
You don;t seem like either....so feel free to leave.
I am sure the major investors know what is going on for sure. That is why there is no major investor selling or we would be much lower. They know the co and the value. If they were scared or knew something was wrong they would have sold out. The only ones selling are the shorts and the scared indivdual investors who believe there may be something negitive. The shorts know that bad press releases scare the little investor out.