fukking RENN
It turned the wrong way on me when I had 8500 shares and I had to cut my losses at $3.38. The emerging markets problem a month or so ago scared me from buying back in even at $2.90.
Moved up to almost $5 today.
I would short it because it's a perennial loser, but I'm afraid of it getting acquired. There's no other reason for this garbage "Chinese Facebook" to be moving up with such volume.
It turned the wrong way on me when I had 8500 shares and I had to cut my losses at $3.38. The emerging markets problem a month or so ago scared me from buying back in even at $2.90.
Moved up to almost $5 today.
I would short it because it's a perennial loser, but I'm afraid of it getting acquired. There's no other reason for this garbage "Chinese Facebook" to be moving up with such volume.