We've been watching volume & ticks for past week and today. Morgan Stanley and Alliance are now done right here, and huge number of shorts have come in while RENN has reinstated buyback program. This is loaded to take off now as Shorts are now trapped. We just loaded up heavy.
They are buying back shares at an excellent price. Their job is not to appease you. Do you not understand that RENN is trading at a net market cap of $135 million which is .2% (two tenths of one percent) of Tencents value. They will be bought out. The company's job is to do what they are doing - expand the mobile strategy. You should be buying every share you can here.