Currently trading under cash and short.term.investments.
2.85 and under is give away here
The cash burn is 11 mm
The co. Has 950 mm in cash.
Cash and short term investment parity
All.of nuomi , all of 56. All of gaming
Is now not priced in to Renn at all....
The market is up 100+ points and renn can't go through $2.80......what don't you understand? This ship is heading SOUTH and the heavy and savvy investors have bailed already. Please hold the BAG, are they going to play the $2 call options?
A guy who is suffering a 90% loss is giving out investment advices on the very stock he got trapped in, LOL!
The Chinese are going to give you something for free.......you are delusional or on your 5th beer by now ( malt liquor)?
U can now own Renn for free.
Cash and short term investments is 2.85
Owning under this price. U own Renn biz , 56. Nuomi, games, all free....
And you own under cash and short investments
The cash burn here is #$%$ small
Yet they hype up spending here lol...
950mm I. Cash
Market cap 1 bb
This is a gift
panic my #$%$......;
panic under $5
panic under $4
panic under $3
panic under $2
panic under $1
panic renn chen and company!!!!lol
When a co. Is all cash
And grows 50% yoy
And has such a nominal cash burn