Focus Media Holding Limited (ADR) (NASDAQ:FMCN)
The Company is an out-of-home multi-platform life-style media company, which operates the out-of-home advertising network in China using audiovisual flat-panel displays.
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Muddy waters
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Focus Media is a fraud. They deliberately overstated their market presence and revenue opportunities. If you cannot trust their accounting (management team), you cannot trust their ability to continue as a going concern because it is impossible to guess at the depth of their deception.
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China and media.
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Muddy Waters Reiterates "Strong Sell" On Focus Media (FMCN), Says Shares Remain "Uninvestable"
http://www.zerohedge.com/news/muddy-waters-reiterates-strong-sell-focus-media-fmcn-says-shares-remain-uninvestable
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fraud
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The fraud here is clear as day. Focus Media Holding Limited is a Olympus and China Media Express rolled into one. Below $5 in 2 weeks.
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I have no recollection of adding this stock to my little party.
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Like most Chinese companies, this one too is a fraud.
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Looks like I'm a little late to this party, but I still expect to bag my fair share of CAPS points before this baby goes the way of Sino Forest.
Go Carson Block!!
Fight on, brotha!!
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Most likely a scam
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The bounce back up to $21 / share AFTER the Muddy Waters hit piece came out was a very nice present. It is informational disparities in pricing such as this that generates alpha.
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bye bye fmcn.
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Market growth , sound management
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Once again the growth potential in China will keep this above the market.
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Short term there is risk in China stocks in general. Especially, small cap China stocks just being listed as frauds by certain bloggers whoare short the stock. I think that most of these companies are legit, but Americans are quick to run for the doors when people start referring to the stock as a RINO when indeed there is little to no proof of what that are saying is true or false. I like FMCN as it seems it is weathering blog attacks on China stocks rather well. But be careful if you are a short term trader for the short attacks.
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4th wave down is completed and confirmed
Overhead is 28
Seasonality period is up is 5 out of 5 up
Transition from Neural configuration from hold to long
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Removed Positions (Sold out completely):
less than 0.5% of previously reported assets
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