LinkedIn IPO - LNKD
 

Expected price has jumped $10 to $42-45.

http://online.wsj.com/article/BT-CO-...17-711715.html

I used to think LI was the steak of the social media networks, but they're getting a little too cluttered and starting to get gamed more and more. It's a shame really - a good business-oriented social network would be really nice and they initially were, but it's wearing off.

Love LinkedIn I hope they do well with their IPO

Currently trading at $85. I'd call that a successful IPO.
http://finance.yahoo.com/q?s=LNKD

LinkedIn shares jump 100%
http://networkeffect.allthingsd.com/...D_yahoo_ticker

The ones that were able to get into the IPO scored. Those who bought at open, $83 a share are screwed. The company makes $8 million profit a year. It's pretty hard to justify an $8 billion dollar market cap at profit of just $8 million a year.

Just saw them at 83.90 either way they opened a LOT higher than expected or took a Nice jump.

It's value is 9 billion now after close

it opened up 84% then went to 100% before coming down a little.
http://www.google.com/finance?q=lnkd...N&hl=en&tab=we

Damn.. I wanted in on that but have not funded my account lately so had no cash sitting. :( I lost a few bucks on that one.

I wonder if they are thinking they under priced the IPO

up 100%?! that's fucking ridiculous...
my guess is a lot of people will get burned, it will probably settle in the 50-60 range in a few months...

Only if you could have gotten in at the opening price.

So, given the stock price right now, their P/E is 980!!! The internet bubble is back! Can't wait until some puts come on the market, easy money right there.

Going back up - $92.14 now.

$95.74 and climbing. I bet it goes over $100.

LNKD hits $100!!

How many shares did you pick up yourself, at what price?

I was going to buy this morning but did not because it opened at $85. It is now over $110. :(

How sure are you about this?

$115... what a bunch of sheep... I should have jumped on that bandwagon too.... :1orglaugh

$120+ now.

P/E 1,221 LOL!!! By comparison, Google's P/E is 16, Apple is 20. It is now the most expensive stock, based on price vs. earnings, on the stock market. When the options market opens for this stock, the put volume will be HUGE.

Facebook has to be happy about this...can only help their valuation moving forward.

anyone that runs even a small niche social network is thrilled about this. :thumbsup

I put in 50 shares. 120.00 at close I am betting.
I told ya guys to get this a few days ago.

I expected a rise by 30.00 tops with this one but its well beyond that now.
BRB getting beer to celebrate tonight.

You're broker sucks.

Who's going to take the other side and write you those PUT options?

Be careful, because it's usually the big experienced cats writing the options.

Shorting a bubble requires a very strong stomach and deep pockets, patients.

"The market can stay irrational longer than you can stay solvent."

:winkwink:

http://finance.yahoo.com/q?s=lnkd&ql=1

down to 105

Simply make sure you have your sell off points set then ya do not lose. You do it daily if you trade daily. Then a bubble does not matter.:thumbsup

Linkedin will climb another 30 points tonight when the Asians wake up and jump in the fray.

Does seems to be settling in around 105 for the day.

No doubt about it, writing options is the most profitable, as they almost always expire worthless. Leap OTM puts on this sucker and there's very little downside other than your original investment. The bottom line is you can't sustain a 1200 P/E for long. They make $8 million dollars a year and they said they're going to LOSE money next year! This stock should be in the single digits.

Agreed. How long do you expect it to take? 2-3yrs tops?

I'm not a fortune teller, but I would be very surprised to see this stock above $40 by the end of the year. Call me crazy, but you need some fundamentals and I think a few earnings calls could wake people up. Unless, we're just going back to the 2000 iBubble days and maybe we are?

Closed at $94.25.

sure glad i bought FFN instead now.