So you listed to this article http://www.marketwatch.com/story/how-to-cash-in-on-linkedin-2011-05-19?dist=countdown
What you're forgetting is that the article is totally unrealistic. The model obviously has its vulnerabilities but as long as basically everybody is saying "this is pure crap, stay away!" I am not going to be too worried. I'm not personally long the stock and have no intention of that either (it's not really a steal at this level either) but there are a lot of reasons to buy this. One of them is that this could be the start of a social media mania that could last years.
Lol, I was on the over-valued bandwagon until Cramer came out saying "sel sell sell"... so I'm sure we'll see it at $200 soon Fade him and become rich!
Well, now we know where all the bailout money is going.... These "social media" type IPOs might be like in Family Guy catching James Woods. "Ooo...piece of IPO....Oooo....piece of IPO....." with Facebook at the end of it. But instead of an upside-down crate, there'll be a 300 ton bag of turds coming down... All those in early - don't sell until there's enough chum(p) in the water!
LNKD is only trading at 2500 times last years earnings..... looks underpriced to me..... Green shoots baby!!
Lol. You guys are daytradets right? This is the kind of stock you we in (no longer than a few minutes of course)
Journalists should be banned from making unqualified stock picks... Sell AAPL to buy LNKD? http://www.marketwatch.com/story/sell-apple-to-buy-linkedin-2011-05-20?dist=countdown