According to the guidance, RENN may be selling the SOFI stake and then issuing a special dividend to investors.
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I'm out, GLTA
The remaining holding of SOFI should worth 559M. (based on last sale of 14.1% @ 85.9M) Now the market cap = 419M??
I send this mail this afternoon to firstname.lastname@example.org RENN now is down 6%. Pre split : 1,35$ !!!!!! Every day the same. From your Code of Bussines Conduct and Ethics, - Is it honest and fair?? - Is it in the best interest of the company and his sarheholders ???. - Is it legal ???
The spin-off, selling shares os SOFI preIPO. Can you honestly respond yes to these questions ??? Sincerely, A sad shareholder of your Company
What happened to all of Chen's buyout offers? Never a quarterly call. Never an update on all the supposed offers. Where in the #@&$ is the SEC? This guy should be investigated.
1.42 pre split now... UNREAL!
They are shaking everyone out then there will be news when Chen owns most of the shares and this wil pop to 15.00 JMO
http://thesubwaytrader.com/?s=RENN has an alert for $RENN. Did anyone happen to see it as well? Looking for some good positive information from the company! Internal sort: the stomach Making money day trading.
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RENN hits new 52 week highs as year goes on. Market is full steam ahead and all the sideliners will be looking for any stock that still looks cheap. RENN may not be a good stock but the rookies will think it is.
wow... just wow...
Renn = Doom
Anyone know what the earnings date is?
What comes out of this BEIJING, April 6, 2017 /PRNewswire/ -- Renren Inc. (RENN) ("Renren" or the "Company"), which operates a social networking service and internet finance business in China, today announced that it sold preferred shares of Social Finance, Inc. ("SoFi") to certain investors on April 4, 2017, in connection with SoFi's most recent round of equity financing. The Company received net proceeds of $91.9 million for these shares. After this transaction, the Company still has 85.9% of its previous holdings in SoFi.
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks Sep-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.3 In other words, the correlation coefficient of the other stocks
Am I the only one left that is still holding hope? This message board is a ghost town...
Waiting on SOFI IPO and hopefullly over 1 billion or nearly $10/share to RENN.........on top of cash, investments, etc.