I can feel the money next week. Good Q2 and now its up and go for the Q3. HMMM! REVENUE,GROWTH!!! JOE, still has his VENDETTA, to make us all rich!!! Thats the best of all. We can depend on that one thing... Thats all it takes to make RENN, run!!! HMMM!
Please tell me you're kidding. You called a 0.50% gain a tremendous day? You do understand that the only reason they had a better than expected revenue in Q2 was because of the gaming revenue right? RENN is a social networking platform which highly depends on the ads revenue (in fact 2/3 of its revenue depends on that) And the ads revenue has been decreasing, as a matter of fact, so you should not feel too confident. On top of that, gaming revenue is very tricky as games can wear off over time, just look at ZYNGA and its games. Nuomi is still not profitable and dragging down the company's gross margin. All the CEO has done is copy off other people's ideas. Just look up all the "platforms" that RENN own and you'll know what I'm saying.