to joe.chen dear sir, since the ipo the stock price has gone down significantly. yesterday was face book ipo and some one dumped over 2 million shares in 5 minutes , that dropped the price 21 percent. In one week price drop was 40 percent. in november 2011, you announced renn shares buyback. But looks like you have not bought enough. you have to protect your company, your and our stock renn and you must take appropriate action to safeguard share holders interest. short float is 77 percent. Who is shorting? with all due respect rumor is your friends in wall street and hedge fund managers. please do something to protect our hard earned investments in your company. we have lost huge amounts and we want you to stand beside us and protect our investment. thank you hearing me. please reply
He probably wont reply. He has more skin in this game than you and I and most everyone else. If you bought the stock and understand where this company is going why not buy more and accumulate a larger holding at a lower average cost. Some of us got in at an average cost at around $5.00 only a couple of months ago. If you look at what the market is doing I would say the stock is still slightly ahed of its recent lows. Until a few more QTR reports come out that show an increasing trend in subscribers and revenues you just have to sit back and enjoy all that happens. Otherwise you probably should have selected another stock - like JPM, GS, NFLX r JCP. Thre are plenty of other opprotunities out there. Pick one!