Renren Message Board - Msg: 27439391

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Technology Stocks : Renren

RENN 1.650

-2.9%

Jun 21 5:00 PM EST

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To: zax who wrote (100)	6/16/2011 4:13:32 PM
From: Lahcim Leinad	of 310

My contrarian indicator tells me its oversold. Been "oversold" for like a week now. When it comes to IPOs, "oversold" is when it actually makes a bottom. RENN has not proven that point, yet: having ended one penny above its low, thus far, which it made today. I'll wait for it to prove we actually saw the bottom today, or tomorrow, or whenever. No rush, at my end! IF there is money to be made here, plenty of time to make it! No rush.

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