U didnt lisen at end of december renn hade 750 million cash Know minus nearly 300 million in investments this quarter. That leaves just over 450 million in cash. So stop posting lies
Going to be delisted by year end. This CEO. Has no clue. Over 30 percent decline next quarter in revenue. CFO bailed, only board talent bailed. Still losing 35 million a quarter, investing in start ups with no clear future, and no revenue for renn. Over 9 million share reported bought back. Volume supports nothing of such, only buying comp shares. Float not being touched. No future for renn. All money spent soon
Yea and paid almost 4 bucks a share for the ones he did buy back. Never touched the float, only bought comp shares, Cfo and board member that left shares. Worst over with another 30 percent decline in revenue from this quarter. What a joke. Stock will never see 3 again.
I dont think so, but this could be the last quarter of down. I think it below 2 tomorrow. But they have driven traffic by 25 percent Thats key in social, but i dont see how they can drive revenue. These guys are the worst business people ever. The sofi ipo filing is worth a buck upside soon. After today good luck to you, just kidding on the bash comments to you. But for years ive told you renn is chyt, maybe they turn after today h
Renn spent 50% of cash, last year lost around 170 million, no income growth possible. This co is worthless now. Insiders will take it down below a buck and delist or reverse split it. Either way renn is done
Look up insane, its the act of doing the same thing over and over and expecting different results. This co has missed every quarter. And never popped on earnings. Ever. You are insane.
Do you ever get tired of being stupid?