first, RenRen is pretty similar to FaceBook insofar as it started up as a campus oriented social network. Like FaceBook it quicky took off in terms of growth.
second, the last couple of Chinese IPOs here (symbols: DANG & YOKU) did really well here. DANG is a real company with good growth potential. YOKU is a toss up but investors like the space.
What is remarkable about QPSA (outside of its market niche and the fact that it is the ONLY social network centric stock publicly traded) is that the management is very very good. To have such a deep bench in such a small company is pretty astounding.
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