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Enter Symbol:
 
CHINA MEDIAEXPRESS (CCME) [hlAlert]

Rating:
Buy CCME
down 99.87 %

TheStreet 13 Stock Picks for 2011: China MediaExpress Holdings (CCME)

Posted on: Sunday,  Dec 12, 2010  10:21 PM ET by TheStreet: 13 Stock Picks for 2011

TheStreet: 13 Stock Picks for 2011 rated Buy CHINA MEDIAEXPRESS (OTCBB: CCME) on 12/02/2010, when the stock price was $15.87.
Since then, CHINA MEDIAEXPRESS has lost 99.87% as of 08/27/2012's recent price of $0.02.
If you would have followed this TheStreet: 13 Stock Picks for 2011's recommendation on CCME, you would have lost 99.87% of your investment in 634 days.

China MediaExpress Holdings, Inc. (CME), through contractual arrangements with Fujian Fenzhong Media Co., Ltd. (Fujian Fenzhong), operates the television advertising network on inter-city express buses in China. The Company and its subsidiaries and variable interest entity (VIE) are engaged in the operation of mobile television advertising networks on passenger buses travelling on highways in the People's Republic of China. The Company does not conduct any substantive operations of its own, but conducts it primary business operations through Fujian Fenzhong, a VIE of a wholly owned subsidiary, Fujian Across Express Information Technology Co, Ltd. (Across Express). On October 15, 2009, CME acquired all of the issued and outstanding capital stock of Hong Kong Mandefu Holding Limited (the HKMDF), its subsidiary and VIE, and as a result, HKMDF became its direct wholly owned subsidiary.

Glen Bradford believes that knowing where the best deals in the world is something of value. A small, highly intelligent investor community that I am privileged to be a part of puts together an index of what we consider to be the most undervalued companies in the world. It's no surprise to me that these don't get media attention because the best opportunities in the world are never "well known" at the time that they are the "most valuable."
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/2/2010 4:00 PM Buy
1 year
15.87
as of 12/31/2010
1 Week up  24.76 %
1 Month up  23.81 %
3 Months   
1 YTD up  23.81 %

(*) Stock Price at the time of the recommendation.
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