I called investor relations, and I asked them why they listed on the NYSE when no China stock in the history time has ever made a serious runup on the NYSE.
What was so funny is I had my friend speak it to her by translating for me, he explained to her I was a major disgruntled shareholder thinking of dumping my last 100,000 share block.
She was like, I don't understand what your asking, what do you mean by no China stock has ever made a serious runup like the others have had on the nasdaq. I then had him explain to her that by listing and ADR American depository receipt on the NYSE which 99% are scams, the game and RENN's future was already over. That if she has insider shares, better dump them because her brilliantly silver spoon college educated CEO made such a stupid decision, and the decision was so easy to make, that is why I think he is really stupid. She was like "oh"
Lastly I explained how Goldman Sachs was caught naked shorting a gazillion fake shares, after other brokers called around to find shares that were so hard to borrow, the broker was very surprised Goldman seemed to have an unlimited supply and don't worry about finding shares to cover lol
This point flew right over her head, Rolling Stone article, what's that?
I said just tell your stupid boss to put out a press release every 2 or 3 weeks, and told my translator to hang up.
Then we called NYSE investor relations and I had my translator ask for a Chinese speaking rep and then we said How come no China stock, not ever, has ever run on the NYSE exchange? Is it a naked shorted rigged exchange when it comes to Chinese ADR's Then told them they were lucky fools still existed who would list on the NYSE.
The NYSE halts stocks 5 times as often as nasdaq and even takes longer, and let's the major shorts cover all or most the position they were short before they open it up, say a gap up of 5 dollars per share, that would have gapped up 20 a share on nasdaq.
Really, an idiot for not wanting to buy a stock on the nyse that is manipulated 5 fold worse then the manipulation on the nasdaq.
Why has not one China stock had a serious runup on the NYSE ever? freakin ever!
But it has happened on the nasdaq multiple times!
Does not take a rocket scientist too realize "something in the gravy ain't chicken"
Renn is a pos headed to 2 dollars per share, but you buy all the way down to 4.20 tomorrow wiseguy.