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News Breaks
November 23, 2009
12:31 EDTFMCN
theflyonthewall.com: Focus Media April put spreaders active
Focus Media is recently up 2c to $13.13. December option implied volatility is at 70; April is at 65; near its 26-week average of 69. Focus Media April 5 put volume of 31,866 contract is larger than its open interest of zero contracts. April 7.5 put volume of 696 contracts is larger than its open interest of 194 contracts according Track Data, suggesting traders hedging 2010 price activity. :theflyonthewall.com



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February 9, 2012
14:51 EDTFMCN
theflyonthewall.com: Focus Media responds to latest Muddy Waters report
Focus Media Holding responded to the allegations raised in a research report by Muddy Waters dated February 9: "While providing no factual basis to challenge the work of Ipsos or Synovate, Muddy Waters nevertheless continues to allege that the company is double-counting. This allegation lacks credibility...Muddy Waters is now also challenging the size of the Company's LCD network by noting that the network includes a number of LCD 1.0 picture frame devices. Once again, this is not new information...Muddy Waters reiterates its claim that Focus Media overstated the size of its movie theater network in 2007 and 2008, ignoring the fact that Focus Media itself corrected the calculation methodology in its filings starting in 2009...The company is committed to providing full and accurate disclosure to investors and to rebutting any false claims that attempt to undermine confidence in the company's business, management and operations." :theflyonthewall.com
10:02 EDTFMCN
theflyonthewall.com: Focus Media drops 4% after Muddy Waters posts research report
:theflyonthewall.com
10:02 EDTFMCN
theflyonthewall.com: Focus Media lied about size of LCD Network, Muddy Waters says

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09:58 EDTFMCN
theflyonthewall.com: Focus Media mentioned cautiously "again" at Muddy Waters Research
Reference Link :theflyonthewall.com

February 1, 2012
10:07 EDTFMCN
theflyonthewall.com: Focus Media concerns overdone, says Goldman

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