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Renren Inc. Message Board

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  • mawsii1 mawsii1 Nov 7, 2011 4:25 PM Flag


    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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