Renren (NYSE:RENN) bathed in positive press following its May 2011 initial public offering. And why not? At the time, most were convinced that this comparatively small-time Chinese social network would become the Facebook (NASDAQ:FB) of its region, not realizing that Tencent Holdings (OTC:TCEHY) had a much bigger base to build from.

Yet despite a massive sell-off over the past two years, Tim Beyers of Motley Fool Rule Breakers and Motley Fool Supernova says the time is right to get back into Renren. He explains his bullish CAPScall on the stock in the following video. Please watch, and then let us know what you think in the comments box below.