let me point something out to you guys. renn couldnt hold 10 dollars in the most bullish of bull markets the 6 months of ipo, actually it couldnt hold 5, and that was when people actually believed their accounting and growth potential, now, we are 6 months later, in a much more fragile market,with growth going from flat to negative and you expect renn to perform better now? when the situation is far worse than it was 6 months ago? in a spec hungry bull market?? come now.
Manak you are over looking one thing. WS attacked all Chinese companies during the second half of 2011. Check nearly everyone of them and see they all made 52 week lows and now they are on thier way up.
So you got the night shift huh? Tell us a spooky stock story. I always enjoy a good - mislead retail investors going over the cliff theme myself. Tell us how bad earnings will be too. Don't forget 'spooky' earnings right around the corner.