Renren Message Board - Msg: 27476866

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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 (138)	7/7/2011 11:33:47 AM
From: Trader J	Read Replies (1) of 310

We just have to hope that they can monetize the model to any similar to degree as Facebook here in the states. As much as I'd like to apply common metrics and such to their situation, being that they are in China ... there's no way I can realistically. It's just a pure speculation and hope play. But at $11, the potential is obviously there. Doubly so with a pending IPO of Facebook in the next 12-18. The biggest question I have relates to the globalization of Facebook and RENN's ability to be THE social network in China or will they be content to be the #2 behind Facebook. I suppose it's a bit similar to the GOOG/BIDU relationship.

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