LNKD- Linked In

Discussion in 'Stocks' started by diablo11, Aug 19, 2011.

  1. what is your take on twitter float ?

    if lnkd collapses, twitter float will be jeopardised. I think they may just buy it themselves as that float is many times larger, i understand. Spend 1B supporting stock so that they can float twitter for 50B instead of 30B.

    Adds up ?
     
    #11     Nov 3, 2011
  2. oops, i meant facebook.

    shows, i am not really user of these things.
     
    #12     Nov 3, 2011
  3. m22au

    m22au

    I'm not sure about the Twitter float. I mainly pay attention to these companies (LNKD, GRPN, Zynga) after they have gone public.

    Am I correct in assuming that you're an Aussie, given the use of "float" instead of "IPO" ?
     
    #13     Nov 7, 2011
  4. m22au

    m22au

    LNKD lockup expiry was discussed in this article on 1 November:

    http://seekingalpha.com/article/303...-attractive-value-proposition-for-advertisers

    Then the same author did a follow-up article on 7 November:

    http://seekingalpha.com/article/305741-why-it-s-best-to-play-linkedin-s-volatility

    The author makes a valid point that the S-1 for the follow-on seems to delay the lockup expiry. Specifically:

    "The problem is that 61 million LinkedIn shares will no longer be eligible for sale until 90 days after November 20. I believe that the company’s shares will inevitably fall and that this lockup extension is just putting off the day of reckoning."

    S-1 filing can be found here:

    http://www.sec.gov/Archives/edgar/data/1271024/000119312511295272/d250692ds1.htm

    The 61 million shares are discussed on page 130.
     
    #14     Nov 7, 2011