Was the exact date I was hoping for. If it got pushed back into June it might have caused some near-term weakness come options expiration, if IPO'ed too early, might get post-euphoria dump right at expiration. I just want RENN hugging close to $7 come expiration. Hoping to make money both sides on this position. Facebook IPO date ought to help put a floor under RENN for next three weeks imo.
In any event,
If she dumps to $5.50, I'm buying calls. If she jumps towards $10, I might look at puts.