AMCN is the same type of stock as VISN which went from 1.77 to 18.
AMCN is highly undervalued with book value at $3.87 per yahoo. You may say
we can't believe the numbers provided by a chinese company, but
institutional investors believed them.
Please see the latest Top mutual Fund/institutional holders: http://finance.yahoo.com/q/mh?s=AMCN+Major+Holders
YMYD.