Ren Ren IPO in the US
Monday, 09 May 2011
by Andy Huang
Chinese SNS site renren (RENN) hit the market last week as one of the most aggressive IPO in SNS history. Shares were up over 40% right out of the gate. However, with the weakness in the overall US equity market as well as commodity burst last week. Renren has fallen to a level that is
- Published in Financial Market, Social Networking
Tagged under:
China, IPO, options trading, ren ren, renn, sns, social networking site, Stock Trading
My trading update
Friday, 20 June 2008
by Andy Huang
Last week I have mentioned about weakness in the banking sector, as I have long a few put position on Wachovia stock hitting a 16 year low. Here is my result for just few days of trading. $1,167.45 risked to $2922.50 realized. 250% gain in just a short few days. Make sure you continue to
- Published in Financial Market