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Renren Inc. Message Board

  • mawsii1 mawsii1 Aug 28, 2013 8:58 AM Flag

    MM's total way this will stay here and hold...put your shares for sale at the ipo price sothe shorts can use the

    We are trading at cash...for all the right things Chen has done, he doesn't know how to handle PR for the firm...and David Chao hasn't helped either even though he's a big part of silicone valley private equity...but, the deal with bidu is huge...any partnership with google here..would have doubled any other stock in the space. Renn's user base, chinese internet sector growth over 70% per yr versus US 13%...RENN is sitting for the right offer...the co has a billion in cash, margins of 78%, 4600 employees with growing market also bringing in cash...I still can't believe how the Market makers can keep it down...With any pr by the co or analysts...renn will take off..especially once it passes the marginable point.....the float is smaller by the day...if the co has been stepping up on the buy side taking up the ads...maybe Chen will take it private for cheap...10.00 per share? the other option is partnering with FB next with RENN/RENN...FB could buy as much as 25%...we would definately go past the ipo price then ...who knows but the insiders...Softbank is holding out still after 410 milliion invested for 5 yrs..Choa invested 125 million, and chen holding the balance with B share voting control..?? No doubt, he wants to be one of the chinese billionaires, he will do more deals. Just hold this beatch!!!! UH

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