They have just acquired 56.com for $80 million, a company backed by Sequoia originally. They also have just announced a 150 million share buyback. In addition, the CEO has publicly stated that the SEC has not contacted them in the probes. This company was made via an IPO (not a reverse merger). This also gives me confidence in them. They have 1.25 billion in cash and a market cap of 2 billion flat. I am wondering if I should throw everything in on them on Monday? They may go down some, but I thing they will be up to $6 or 7.5 a share in no time. This is just my instinct, though. *I am also interested in NTES and somewhat in BIDU given their strong buy rating by so many analysts* Should I wait monday out and see where the market is going or will it be too late? I think RENN will go up for sure. I mean, comon... they have $3.14 a share in cash and just turned profitable, the question is how much. What do you all think? I really appreciate any feedback! I admit I am a newbie.