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Renren Inc. Message Board

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  • pepsiberger pepsiberger Jan 29, 2012 9:35 AM Flag

    24$ target my new target for February!

    Company trades for roughly $700 million backing out cash. This would equate for an acquirer paying roughly $6 per user. So figure out how much it would cost to get in the business and achieve 133 million users. Now you have an impetus, been long overdue that gives pause for higher prices.

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