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Baidu, Inc. Message Board

  • xoman3 xoman3 May 2, 2011 9:51 PM Flag

    ANYONE GOING TO BUY RENN?

    It doesn't matter that Renren (facsimile of Face-book in China) does not have a good model in place, and reports from the company are contradictory, the stock will soar in its debut.

    Don't know how to buy an IPO, but have read that if one buys the open, they may be stuck with a stock that is bought at the top for many weeks to come. I know this can't always be true.

    Have any of you participated in buying an IPO on the first day (it will trade on May 4, on the NYSE under symbol RENN.

    If you have, or have followed other hot IPO's, what has been your experience?

    Thanks in advance for any input.

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BIDU
198.43+0.71(+0.36%)Jul 22 4:00 PMEDT

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