OK i found it...
Jan 2012...the 50% jump in RENN stocks..due to..get this..FB IPO news
Aug 2012...30%....cash injection
What: Shares of Chinese social networker Renren (NYS: RENN) have popped upwards of 12% today, bucking the broader market sell-off, on news that the company is partnering with Japan's SnapDish.
this guys looking like more BS than anything
esp if we add the china slowdown
....maybe we a nice 4.00?