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Renren Inc. Message Board

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  • hudson345 hudson345 Aug 8, 2011 6:56 PM Flag

    RENN Down..

    I'm with you...doing the same. This is the first time I'm in the red with RENN but don't believe I will be here long. This is China's best kept secret. I'm holding long term. Holding tight for Thursday's earnings.

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    • same here, after Thursday, i will unload half of my positions if report is negative. i hate to give up completely but i am holding too many shares of renn.

    • The people shorting the stock don't look at the value of Renn they just look at the way it has traded. The problem is that RENN will have huge growth and will start to overtake all the other internet portals in China. Why you ask?

      Simple the site is original. No other social site like sina or sohu has a groupon.com type business built into it.(nuomi.com) Also the other Chinese sites don't have a linkedin type site as well " jingwei.com " RENN is in a good long term position if they were able to get 122 million people with their current cash flow, imagine how much they will get when they grow bigger.

      Last but not least RENN has found a good way to monetize their site between social games like zynga, facebook advertising, and nuomi.com(groupon.com) site. In the long run RENN will be greater than SinA and sohu so to all the shorts like Ralph out their you better start covering fast.

 
RENN
3.260.00(0.00%)Apr 15 4:00 PMEDT

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