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Renren Inc. Message Board

  • mawsii1 mawsii1 Nov 6, 2013 6:53 PM Flag

    price is totaly Joes fault....his disregard for shareholders and wall st is why

    Buy back is a sham, the more they buy back slowly the more Joe' owns and controls...class A and B Shares is ridiculous...and to think Morgan and GS pushed this out at 14.00 per share is the same sham.....the co is certainly worth far more, but until Joe sells out or partners with FB no one believes in the long term plan...3400 employees , buying Soci finance for 59 shareholder or board approval...just Chen buying out a friend from financials no revenue, nothing....just RENN buying what co? So what is next for this left at practically cash....anyones guess...znga and renn are about the same on wall st...trash stocks and management....Has anyone looked at znga insider sells....non any price...employees don't believe either...good luck to all suffering longs...only hope is a white knight...

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