Summary Air Media rebounded on Tuesday as retail investors “played the bounce” in anticipation of a company response. After the company responded on Wednesday, the stock opened lower, traded down and closed at the lows of the day, down 12%. Air Media has now disclosed new information which is pressuring the stock. We can now…

Read More

Summary AirMedia has more than doubled in the past few weeks based solely on a supposed “investment” by A share company Shenzhen Liantronics. AirMedia did not disclose the actual contract, but did put out a press release touting a $500 million valuation. The real contract reveals that there is no binding deal. In fact, Liantronics…

Read More