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Technology Stocks : Renren
RENN 1.650-2.9%Jun 21 5:00 PM EST
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To: Trader J who wrote (102)6/16/2011 4:29:33 PM
From: Lahcim Leinad   of 310
 
I totally agree with your possible positive and the negative POV on this stock and company.

Because it is impossible for us to know what the real, underlying numbers in Renren are, we cannot guess what the "correct" price for RENN stock should be.

Ergo, we have to rely on the Market to tell us.

No other way.

I can read about Renren 'til I am blue in the face, and I still won't know what their true numbers are. They're not out there, period.

So, what do the traders think?

That is what I'll watch here.

Nothing else matters.
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