You must remember currently is is very easy to spot cpm as 4 adds are replaced with single add
I am sure there are many sites that would have np with cpm of $2.00 but many other sites where a cpm site targetting of 2.00 would recieve no impressions , try doubling your bid for a day to see if that is the problem
Sorry don't know what your cpm bid just given 2.00 as an arbitary figure
steve
Well it's cheaper for you to do site-targeted advertising isn't it? So you are spending less. This means the publisher is getting less. Why would he want your ad on his site paying him a few cents a day when he can filter it out and get one on there that pays 50-80 cents a click?
Look in the Adsense forum, lots of publishers complaining about being site-targetted by advertisers and discussing ways to filter and block it.
You have to be VERY careful with site targetting. Always check out the site before you decide to target it. Look around, see how the ads are positioned, see whether they are on relevant pages. The more normal problem is that you get tons of impressions but no clicks because the ad is down at the bottom of the page or some such thing. It's also possible though that a site you picked just has AdSense on a few low-volume pages and runs something else on other pages.
If not the obvious explanation is that you aren't paying enough for the site and the PPC or other site targetting that pays the site better is displacing your ad.