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Interesesting play after sell off, as "Facebook of China" figures out how to monetize XL China user base. ..
They don't make any money, Maybe in a few months or years when they figure out how to make money it'll be a good bet, but by than I'm sure other players will overtake them.The only good play is they have a "large" amount of active users and are the "facebook of china" but without monitization, none of that matters.
IHS china facebook
China is huge.
Bidu acquisition of Renn is an amazing possibilty. Stock would virtually double overnight! Renn is to Bidu as Facebook would be to Google! They would love to own facebook but missed the opportunity. Bidu is not only copying Google, perhaps they will learn from them as well! Bidu's recent acquisitions make this an even more likely possibility.
Trading almost at cash value.
Its has a great chance @ adouble
Penny Stock Detective
Large growing user base. Few liabilities and good cash position. Big risk is FB entry into China. Renren is not a Zynga; it is an ecosystem with a Zynga division.
This is like Facebook which is overvalued, but unlike Facebook , ?? has serious competition from Weibo and QQ. So this lacks the ubiquitous in China that Facebook enjoys in the US.
This company has many valuable parts that are not even close to being priced in. May need to see asset sales or spin offs to bring true value to light.
The "Facebook of China" talk notwithstanding, this company has many movable parts that we believe to be significantly undervalued. Looking for a liquidty event to get some recognition of the latent value here.
This is a hedge against my FB red thumb. It has a much nicer valuation.
It is one of the stock I most believe in. I think it did not deserve this bad beating. Should move up from now, many good opportunities ahead. The game business goes very well and I'm looking forward for the spin-off in september. The video site is also doing good, 56.com is ranked #30 in China whil the 2Bn$ giant Youku is #12. Renren should have a bright future.
Best case scenario. Facebook partners with Renn RennChina will continue to focus on Consumerism instead of Manufacturing. Facebook does to a society what China wants for its populace. Facebook in China is inevitable
wouldnt touch it in real life, but worth it here
It is China's facebook but the value is now only the fraction of facebook, while the Chinese Internet market eventually will overpass the one in the US.
With Facebook going public there will be a lot of attention paid to China and its huge young market
Facebook of China, social media in this country is huge as is the growing middle class.
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