I really don't expect RENN to go much higher till after APR options expiration... why? Cause someone like GS or MS bought over 400,000 puts i.e 4000 contracts for April when RENN was over $4, then the drop came and then the contracts disappeared from reporting. Same thing happened for MAR $4 puts. True manipulation! I'm in RENN cause I figure there is more money to be made from manipulating the stock to $20 a share and selling, rather than taking pennies and dimes in the sub $4 range. Plus the beak up value Really really limits the downside of taking a long position here. If 56 is sold for two billion, or IPO'd at $4 billion would really make my day.