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Renren Inc. Message Board

  • jsteveco730 jsteveco730 May 16, 2012 6:15 PM Flag

    RENN Financials - a definite trend to the upside

    As previously noted - RENN is on a nice uptrend and it should continue for the next several years - easily. China and the US are very similar when it comes to social networking. Like the US they love to stay connected with family and close friends. RENN will continue to develop APPS (capital expense) and see revenues continue to grow about 45% Yr-to-Yr. This company will be managed well by J. Chen and his very smart and sure staff. Believe me - they understand the importance of good audits and accountability and this is one area the US financial analysts need to get their heads around. I keep hearing that China's financial industry is corrupt. We not J. Chen - he gets it. Just take a look at Wall Street and let's have a discussion on where the sourcdfe of corruption is. Need a hint? Let's start with Dimon, Buffett, Goldman Sachs, need more clues. RENN is a solid managed company and will be above $10 in the very near future.
    Just pick up 3x block today.

3.24+0.04(+1.25%)Aug 28 4:02 PMEDT