RENN running again

    Posted by wjshaf21 on 20th of Jan 2012 at 09:58 am

    If you still own, up 6.64%

    Yep hitting my first major

    Posted by matt on 20th of Jan 2012 at 10:02 am

    Yep hitting my first major price target, I hope you had some, I sold min yesterday I think.  However now after an 18% move from the trendline breakpoint at around 3.8, it's time to lock in 1/2 - 2/3 of your profits, then if you want to keep some for a runner with a trailing stop, so be it, but lock some gains it, it's been nice

    Matt, thanks for RENN. I

    Posted by hamvestor on 20th of Jan 2012 at 12:40 pm

    Matt, thanks for RENN. I sold some this morning, but plan to hold the rest for a swing-trade, as I think longer-term RENN is a nice sector-specific play, as well as a general play on a rebounding Chinese market.

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