Sympathy Trade Alert: VisionChina Media (VISN, FMCN)

Posted in General 
November 11th, 2008

VisionChina Media Inc. (NASDAQ: VISN) traded lower in after-hours trading last night, but on very thin volume.  The reason is simple: it is a small advertising competitor to Focus Media (NASDAQ: FMCN).

We have not seen any trades this morning, but the price indications are down 2% to 4% as a result.  If Focus media stays extremely weak, then this one may get worse too.

With indications down around $6.50, its 52-week trading range is $5.27 to $25.60.  This one also trades an average of about 580,000 shares.  Its market cap is about $480 million.

Jon C. Ogg
November 11, 2008

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