Wall Street Manna

An irreverent look at Wall Street

Wednesday, September 15, 2010

Citi and Goldman's morning take




At September 15, 2010 at 11:37 AM , Anonymous Anonymous said...

Palmoni or anyone....know why CCME is getting beaten down so hard?

At September 15, 2010 at 1:57 PM , Anonymous Sam said...

Guess you are back. Thanks!

At September 15, 2010 at 3:35 PM , Blogger Palmoni said...

Still tied up w/biz in Jersey tho...so much red tape in this state!!

At September 15, 2010 at 3:54 PM , Anonymous Anonymous said...

Anno - any idea of CCME BEAT DOWN today? is it really fruad?

At September 15, 2010 at 9:11 PM , Anonymous Anonymous said...

All Chinese small caps are getting destroyed since investors are raising questions about their accounting. Many of these companies are fudging their numbers, but there are some legit companies that are being wacked with the rest.

An article posted here http://brontecapital.blogspot.com/2010/09/travelling-through-china-with-universal.html got the ball rolling today. If the cash on CCME balance sheet is real then expect to see some kind of share buyback to be announced in the near future. Remember this company is new and it takes time to build trust with the investment community especially if you are operating in China.

At September 15, 2010 at 10:14 PM , Anonymous Anonymous said...

careful posting Citigroup stuff.


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