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Renren Inc. Message Board

  • esuntexas esuntexas Dec 6, 2012 8:26 AM Flag

    Voluntary Delisting Possible?

    For a lot of these Sino-firms whose auditors are being probed and proceeded against, is it a near possibility that these firms will voluntarily delist themselves from the U.S. market(s)? Under this scenario, what will the terminal share value be at that point. Most of these firms made their millions at IPO, and I just think it may be easier for them to leave the U.S. market, rather than being audited by the U.S. government and general investor public. Yes, if they leave, they lose face, but that is much better than losing their shirts. . .at the end.

    Sentiment: Sell

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