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Technology Stocks : Renren
RENN 1.650-2.9%Jun 21 5:00 PM EST

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From: Savant5/7/2011 11:26:49 AM
   of 310
 
These folks are certainly optimistic....

Longs will hope they are correct, shorts will hope they are not correct.
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finance.bnet.com

May 06, 2011 ) Minneapolis, MN - Renren Inc. (RENN) has its shares foes and enemies right now, all you have to do is read the forums.

We at Mega Stock Picks (http://www.megastockpicks.com) will make this short and sweet. Google "Mega Stock Picks" and add BIDU, then add KERX, then add SIRI. Our predictions for these stocks were right and so was our timeline for their success.

Renren Inc. (RENN) will be $32 by July. This company is getting a lot of exposure and they are going to get new sign ups, this will in turn bring companies like McDonald's Corp. (NYSE:MCD) and Wal-Mart Stores Inc. (NYSE:WMT) to advertise on Renren.com.

We at Mega Stock Picks pride ourselves on honesty, this may sound very politically correct, but the Asian culture in general are separatists, they drive cars from Asia, they don't frequent ma and pa non-Asian owned restaurants and they hardly ever date outside of their race.

Asian, specifically the Chinese are going to be all over Renren.com.

We at Mega Stock Picks rate Renren Inc. (RENN) a "Strong Buy" and give (RENN) a four month $65 price target.
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