Picking today options expiration day to come out with news stating games revs will be lowered to 49 from 55 is proof He is in on taking the pps down so the comp[any can buty shares back on the cheap. Once again Renn will fall below 3.00. What a bunch of B.S. Fooled me this time, I actually thought today would be the day Renn would break out of the pit it has been stuck in for the last 15 months.
Exactly, Something seems fishy here to me. The only reason I think Chen came out and made that statement today was for all those 3.50 option calls. Wondering if something is in the works here, think about it, this company has not said a word of anything in 17 months.... Very strange.... At least they did not level the share price to 2.95 this month...but wait till next week.
Told u lobster renn is a scam, release bad earning almost a month early with no shareholder warning, renn wants it much much lower, easy for them to have run pps up, no news, what happens now when markets turn down, yea renn gets crushed big time. To a buck or less,