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Renren Inc. Message Board

  • helmdeb Jan 23, 2013 9:24 AM Flag



    The stocks at high have now slowed and they are now searching for good stocks at low. RENN, that has three other segments or businesses all make money, net, net. They spent all that 67 million in 2012 to build out infrastructure. Bandwidth in Q3, was 14 million. Ready for more smart phone growth sucking up 14 times bandwidth. Servers to accommodate the 7 million more subscribers per month.. 200 million as we speak.. 200 million in REVENUE in 2013. HMMM! Buyback should push us to the 5.25 level by Q4, ER, CC in 19 days.. When you have 48 million and buyoing a small companies stock its going. And have plenty left for support in the future. HMMM!

    Sentiment: Strong Buy

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