Buyback, with pps below 5 and volume above 30MM some days. VIRGIN/Stephen Murphy/ SOFTBANK Big short position. Imo, it is a big concern. I dont see shorts covering when the big short interest comes from January pps 4$ to 7.8$ peak. We are not talking about IPO price levels. pps is at 1/3 value of that. IR is DISASTER. Angry birds, Japanese games partners, and we are looking on some chinese blogs to read about it.
it's strange no one asked about renren.com user growth. All questions drawn to mobile games. It's a shame the management could not provide more details on this new source of revenue for analysts to re-price the stock.