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  "documentTitle": "China MediaExpress Holdings (CCME)",
  "authorId": "51_Muddy_Waters",
  "authorName": "Carson C. Block",
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  "sourceTypeSlug": "short_seller",
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  "presentationDate": "2011-02-03 00:00:00",
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  "notes": "Includes a screenshot of an Alibaba product page as evidence of commodity hardware availability.",
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      "text": "To the extent that CCME does not have major competition, it is because the business model is unattractive.",
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      "text": "Alibaba product page for Zhejiang Yusong Technology Co., Ltd.",
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      "text": "To the extent that CCME does not have major competition, it is because the business model is unattractive. CCME's hardware supplier, Hangzhou Yusong (“Yusong”), sells its controllers and screens to any willing buyer on Alibaba.",
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      "text": "a “long distance bus ad player and screen” cost only $320 (RMB 2,100) together.",
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      "text": "The hard disk advertising controller from CCME's supplier. Note that anybody can buy this or similar products from this supplier, as well as others who make similar equipment.",
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      "text": "CCME's Business Has Low Barriers to Entry (Aside from Lack of Attractiveness). That Special Hardware? Fuggedaboutit.",
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