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Renren Inc. Message Board

  • gould1963 gould1963 Jun 10, 2012 6:04 PM Flag

    Chen Selling...Possibly

    After all, he could make a ton on selling calls, buying puts and selling gobbs of shares as seen...who else could dump 3/4 of the float by volume?

    Signs of him selling or BASS selling shares short (Covered by chen) which wouldnt show up in any 13G i.e short selling..would be the depressed stock price, the crappy reports of losing money by chen, the using (RENN Group-on) to funnel money out of RENN, selling profitable portions (Gaming) of the business for CHEAP to some private company- chen cronies? and the options market manipulation..

    Who is to say what is really happening?

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