today ren ren ceo said he projects 200 million accts by years end in all
ren has 136 million users
thats a 50% pop in new users projected,
and he said these users may be more, or come to ren ren more frequently bc 100 million
new smart phones are being sold in china this year alone
ren ren user #'s are projected to 50%
and they have 2% market cap of fb ?
face book will never see 50% growth in user rates yearly
and currently , they are missing out on china now, as they achieve these rates
fB will never ever ever compete against ren ren with new users rates.. ren ceo projects 50% increase in new users, this year.. that is huge,
FB doesnt have growth rates like that , coming, they wish they did ,
not with out a patnership with renn
some reported this a.m that chen was on bloomberg news this morning
saying he foresees 200million users by years end
and that the number could change bc 100 million smart phones were being sold this year in china
i dont think he meant to the down side...lol
i did the math
ren has 135 mll users
65 million divide 135 by 65
50% growth rate for this year for renn
if the report was correct
and 200 million projected users are on tap for the 2012 year
fb doesnt come close to growing 50% user yearly
mf44 you said news over weekend, renn will go to 125.00 today you are wrong again,are you ever right,i have never seen you call one thing right,i will tell you that renn will close in the red today.
renn is trades at 2% of FB market cap
and renn user growth rate is 50% projected this year
this is the growth rate fB desperately is talking about when they mention ren ren in their prospectus
ren ren is at 50 isnt even 25% of fb market cap
and ren ren out does fb in new users % by leaps and bound
renn may have equal users to fb in 6 years.....
and renn trades at 2% of fb market cap?
renn is 50 dollar stock