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Weibo Corporation Message Board

gould1963 5 posts  |  Last Activity: Apr 13, 2016 11:06 AM Member since: Jan 21, 2005
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  • There always has to be some short for the inverse EFT's and the like..But just a million short from the highs of 10 Million++ short, a while back.
    Hope Chen decides to push the stock up rather than turning into a HOG. There is so much more he could do with stock that's $25 to $30 per share than owning the whole company. Id like to see him use shares of RENN to buy out BIDU. Just a thought.

    Sentiment: Buy

  • Reply to

    RENN Going Up!

    by rdriver25 Mar 30, 2016 1:00 PM
    gould1963 gould1963 Mar 30, 2016 3:33 PM Flag

    Actually RENN has never really been a dedicated SNS. Chen has a nack for investing in great companies, incubating them and then making a BIG buck. I personally think that he is the Chinese Warren Buffet of tech. Everyone seems to emphasize the RENN's SNS earnings, If you take the hundreds of millions from the sale to BIDU, the ticket company chen sold (at the beginning), and a few other deals - the actual earning are phenomenal. Just look at the SOFI deal!! there is potential for RENN to sell for $25 a share. (if SOFI, IPOs at $30 billion) i.e. 1/4 of SOFI is $7.5 Billion to RENN's valuation. And it looks like it might...

  • Everyone in the States is getting a lower rate on student loans by Refi with SOFI.

    Cant wait for the IPO... And RENN STOCKHOLDERS own 25%!!

  • Reply to

    Who is running the SOFI IPO?

    by gould1963 Mar 4, 2016 10:09 AM
    gould1963 gould1963 Mar 7, 2016 6:25 PM Flag

    Possibly.. if anything someone could figure out how much RENN is worth. Just take the number of SOFI stock issued, multiply that by 25% (how much of SOFI RENN owns) then multiply that by the stock price...
    So if SOFI is worth 30 Billion in stock, RENN's part would be worth 7.5 Billion.
    Amazing since RENNs market cap is only 1.13 billion now. Shares of RENN should be - on a value basis = (1.13 billion current market cap plus 7.5 billion, from SOFI) or 8.63 billion.
    Roughly RENN should be worth $25.20 per share.

  • Lehman?

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