China MediaExpress: Reiterating My Buy Based on Global Hunter Report

New Finance submits:

Ive covered China Media Express (CCME) in a couple of articles, including my top four most undervalued Chinese stocks. After a short attack last week, I wanted some more clarity before reiterating that buy recommendation, and Global Hunter has provided that by going on the ground and performing the due diligence I am unable to do from an armchair (despite the amazing research capabilities of Google translate). Unlike many of the short attacks over the last three weeks, this was an actual visit to China that yielded information you cant find online. Lets take a look at the recent Global Hunter report.

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One of the things that shorts targeted were the relationships that CCME had with advertisers, or to be more precise, the apparent lack thereof


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