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Renren Inc. Message Board

  • rennbuyer rennbuyer Nov 7, 2011 11:59 AM Flag


    Good Morning,

    May I make a suggestion? Now, is the time to start the repurchasing of your stock. Price dropped $2 again, last week.... Everyday your investors seem to be losing money to the shorts on your stock. They are controlling YOUR stock. With repurchasing 5 million shares over the next 3 days before the earning report you can knock out all of these 20% shorts and see a real rise in your stock price. With better then expected earning report, we could see this stock rise at or above the IPO price and up from there. Give the shorts a run for their money and get them running for cover before the earnings is the best solution to seeing your stock rise.

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    • Well, I have been emailing them many times these past week. They need to step up and put out some positives and stop the carnage. we now have to rise 200% to break even at the IPO price...That's alot of resistance. this shouldn't have happened if they managed the stock better. They have so many positives buy haven't released anything yet. The CC will be fine, earnings should be positive, that said, the short side sellers are much better than the longs at putting out questionable issues...I agree, they should spend the 150 million now and take out 25 million of the ADS's, the stock would easily double from here and then some...35 million this qr with 50% growth and 81% yr 200 million easy and making millions....How many companies have 1.2 bil in cash and zero debt...

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