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BottomBounce

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BottomBounce

Re: u238ed post# 723

Wednesday, 10/02/2013 5:08:44 PM

Wednesday, October 02, 2013 5:08:44 PM

Post# of 1064
Hong Kong-based Renren Inc. (RENN), a Chinese social-media site, continued to post steep gains. According to report from Barron's citing a Bloomberg report, the market is speculating that Baidu Inc. (BIDU, K3SD.SG) may buy the rest of Renren's Nuomi.com. Back in August, Baidu bought a 59% stake for $160 million. Renren shares rose 7.7% to $3.92. http://online.wsj.com/article/BT-CO-20131002-710766.html

I'm not a financial advisor. All of my posts are for entertainment purposes only and based on my opinion. Advice: Do your own DD and always only invest money you can afford to lose. GLTA

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