This complete POS is going back down to 4.00 where it belongs, all the calls will be close to worthless tomorrow as serious premium comes out of them. You now have proof even from POS management RENN that China continues to slow down more and more.
If you though the bid was weak in RENN before wait till the rest of this week and the next. Will the crackhead pumper say he is sorry for reeling in longs and giving them losses, nope he will try and spin this garbage stock. The only part that just looks ok is the videogame but any stock having to do with video games has done absolutely awful overall. The sweet spot the mms like to trade RENN is 4.10-4.30 they were at that level a long time before, the new sweet spot might be 3.20-3.40 with this extremely weak guidance... and you really needed those 2014 calls listed because it will be that long before this company gets ahead or has any respect on the street.
Where are those losers, 8.50 then 10.00 after earnings... Newsflash your calls are worthless and I wrote many.
If we are under 5 tomorrow and especially Friday and next monday, I don't think Redzone should be able to post for 10 days, (for most people I would say 30 days but they don't post 24 hours a day 7 days a week, that will kill the paid pumping Redzone)
I mean a realize somebody has to reel in more longs and the pumping article by seeking alpha gives the mms new fools to dump to before going short.