Submitted by Tyler Durden on 11/21/2011 - 14:00 Bear Market China Lehman Market Conditions NASDAQ ratings
This has to be an almost as epic call as Dick Bove's upgrade of Lehman days before its bankruptcy.
Comments: 100
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http://www.zerohedge.com/news/thestreet-fmcn-8-hours-ago-upgrading-neutral-buy
FMCN Halted Over 60% Down
Submitted by Tyler Durden on 11/21/2011 - 13:32 Bear Market China Dick Bove Market Conditions NASDAQ ratings
Update 2: FMCN has now been halted 3 times. Dick Bove does NOT have a buy recommendation on the name
Update: Trading has resumed: modest dead cat bounce on short covering
It took the market only an hour or so to realize what is going on with FMCN. To those who shorted the stock outright - congratulations. To those who are long puts - you may be out of luck. The stock may reopen some time in 2012, long after puts have expired.
Comments: 52
Reads: 8,367
http://www.zerohedge.com/news/fmcn-halted-over-60-down

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.