RENN has more cash than it should be for it's business operation. and sitting idling (no added value)
this Giant cash need to start producing money for investor before their real business take off.
IF it would be wise Invested in APPL and it would be up 40% more than 3 month ago..can you imagine!!!!!!!!!
CEO think hard and act smart please!!!!!
i don't want to pay you much from my money with your average performance
LONG and Strong
50 dollars/shares..... I will lock this up and ain't gonna sell now, the potential 10 fold gain in three years 300% / year
Blah blah blah show me your statement
You just talk bs
prosperous and healthy but short will have stroke and heart attack
7 dollars coming, the waves of "the real investor" kicking in
But the speculator scratches his head
This valuation still far below their opo price
Up we go again
Blah blah blah
Just do the math
Fb 80 - 100 billio
Renn 1/10 of Fb pesimistic valuation scenario
8 - 10 billion It's translate to 20-25 dollar/shares
How about more optimist valuation like 1/8 it will translate to around 31 dollars/shares
Ton's of room to move the big gap that's why the big volume happen today as well as tomorrow
Buy now and don't miss the train again
Open higher than after hour for sure and will closing even higher since big money manager start jumping in. Watch and learn
8 dollar coming
if you dont like LSG why are you here?????
Buy or just leave this board.
wanna short? short something else that overpriced suckaaa
Some moron said this lsg entering overbought territory
I bet on this one and load up my position every day from 1.25 in the last 30 days
Today bought 20.000 shares @1.52
Pay day is coming
15 % profit a day is not bad, taking profit and out watching on the side line and forecasting drop again before weekend
RENN Missing its IPO promise
By Tiernan Ray
Shares of Renren (RENN), known as the “Facebook of China,” are down 28 cents, or 7%, at $3.70 after Pacific Crest’s Evan Wilson today cut his rating on the stock to Sector Perform from Outperform, writing that the company has “so far not lived up to its pre-IPO promises.”
DANG and RENN have parity price 2 months ago
Dang will be at 3 dollars range next week