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LinkedIn shares drop 40%, erasing $10B of company's value

businessinsider.com

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Re: LinkedIn shares drop 40%, erasing $10B of company's value

#481

Post by ocean3 »

song wrote: post #381
e40 wrote: post #361

Earlier quoted context omitted.

I took it as waiting for the bottom and investing his cash, and seeing a big upswing. The real trick is starting at the bottom.

Yeah, that's what I wasn't sure about. Shorting is fine but it's also difficult to time right. And yeah guessing when it's the actual bottom is also not that self evident (at least for me). So I'm kind of curious to hear any anecdotes from users here profiting in 2008...

I never invested in direct stocks until 2008. Markets were going up just before the crash and a investing friend suggested why not buy stocks. But my demat account got delayed and when i received it markets were going down hard. I ended up investing very small amount. But i got nearly 4 times the return(I did wait few years)

Re: LinkedIn shares drop 40%, erasing $10B of company's value

#482

Post by kuschku »

manigandham wrote: post #461
kuschku wrote: post #315

Earlier quoted context omitted.

It’s probably even a too optimistic forecast. The readjustment of the market to reality is going to be a big issue, especially when one looks at just how many companies are operating at huge losses. Most people already know that it can’t continue like this. The good thing is, real estate values will decrease like the pay, so people can rent at cheaper rates in the bay areas. The bad thing is, those who have bought a…

> We’ll probably see a lot of tech giants like Twitter (no income? really?) tumble, and others take a small hit (like Google). What do you mean by no income? Twitter makes billions in revenue...

The relationship valuation/income is vastly off with twitter, and I’m not sure how long the investors are going to wait.

Re: LinkedIn shares drop 40%, erasing $10B of company's value

#483

Post by tim333 »

noir_lord wrote: post #442
AlwaysRock wrote: post #285

request I use a Chrome extension that removed the ability to see the news feed on facebook called News Feed Eradicator. Since installing it I've saved a lot of time because I can still use Facebook messages and view groups that I am a part of but I don't get caught in the mindless scrolling trap. I would pay for a similar extension for linkedin. I have to use linkedin for work but I find myself scrolling mindlessly w…

Just add the classes/ID's to your adblock filters (very easy with ublock origin since you can just click the element and view the tree to find the element to nuke). Done that on all newspapers and youtube to block comments, they hardly ever add anything.

Yeah

! https://www.linkedin.com/ www.linkedin.com###ozfeed

does it for me (click the name at the top in uBlock Origin to open the dashboard, stick that line in 'My Filters')

Re: LinkedIn shares drop 40%, erasing $10B of company's value

#484

Post by jbpetersen »

roymurdock wrote: post #469
jhulla wrote: post #353

Earlier quoted context omitted.

Stop scaring the kiddos with your ghost stories. At least let them enjoy their weekend. The problem is shrinking global liquidity. Losses in the Chinese financial system and in the global energy sector are forcing governments, central banks and sovereign wealth funds to sell assets around the world. These are some of the biggest asset managers in the world. It is unclear to me how this will end. When the mortgage mar…

> At the moment, outside of wholly energy dependent countries (Middle East, Latin America, Nigeria, etc.), there does not appear to me a 2008-like financial system shutdown. There's nothing stopping central banks from creating more liquidity through progressive rounds of QE, each of them buying in because they know their country will suffer in the short run if they do not follow suit. Of course this will lead to defl…

I think at this point we're more likely to see NIRP than QE.

Re: LinkedIn shares drop 40%, erasing $10B of company's value

#485

Post by dingo_bat »

justinclift wrote: post #365
jbbarth wrote: post #294

Earlier quoted context omitted.

The point is that everything at scale as an impact that looks big when aggregated... if you don't actually look at the scale. 135 out of 1B isn't big at all, it just looks big because of the biases we have when interpreting big numbers. Not mentioning the fact that the aggregation isn't very relevant (it's not like 135 people will have their entire life wasted while the others are not annoyed at all).

If you're one of the 135 people's lives they've wasted... you might take it a bit more personally. :D

But that's his point: Facebook's emails are not wasting anybody's entire life. The 135 number is an aggregate.

Re: LinkedIn shares drop 40%, erasing $10B of company's value

#486

Post by gniv »

encoderer wrote: post #267
Inthenameofmine wrote: post #4

Sounds like the bubble is bursting. The established companies whose valuation was based on multiples of future growth are taking the hit, getting in line with more traditional multiples of current revenue.

Have some perspective. It's been a 6 year bull market. This is hardly a correction let alone a crash. You might prove correct, but it's just a guess at this point.

But you would say the same of the period 2002-2008: A 6-year bull market followed by a... correction: https://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&...

Re: LinkedIn shares drop 40%, erasing $10B of company's value

#487

Post by Tempest1981 »

selllikesybok wrote: post #425
rubidium wrote: post #190

Earlier quoted context omitted.

I paid for premium for about 4 months while job searching. Being able to deep-dive into some companies and directly contact people helped me get my current job. It was definitely a helpful tool as a job-searcher. Now that I have a stable job, it has no value and I ended my premium account.

Serious question - what convinced you to sign up for the premium in the first place? Job-seekers get like, 5 InMails and 3 useless search filters, plus some vanity fluff that does nothing (who viewed your profile). 5 InMails may be worth the price in some cases, but I've always felt the jobseeker service was somewhat predatory. That you found it worthwhile makes me curious - am I missing something?

He spent $20, and landed a job... seems like a tiny "gamble" that paid off. When you're unemployed, you get motivated to try different things... just like dating sites when you're single. :-)

Re: LinkedIn shares drop 40%, erasing $10B of company's value

#488

Post by calinet6 »

nly wrote: post #408
twblalock wrote: post #335

Earlier quoted context omitted.

Two engineers with average compensation could split at apartment at that price, and many do. So do married couples with dual incomes.

Yeah, at the cost of increased volatility. If two engineers, each with a 10% chance of losing their job in the next 2 years, do this then they both are much more likely (19% chance) to face uncertainty in that time.

They're all young. They don't think like that.

Re: LinkedIn shares drop 40%, erasing $10B of company's value

#489

Post by cplease »

song wrote: post #381
e40 wrote: post #361

Earlier quoted context omitted.

I took it as waiting for the bottom and investing his cash, and seeing a big upswing. The real trick is starting at the bottom.

Yeah, that's what I wasn't sure about. Shorting is fine but it's also difficult to time right. And yeah guessing when it's the actual bottom is also not that self evident (at least for me). So I'm kind of curious to hear any anecdotes from users here profiting in 2008...

By investing in the entire market continuously, and squeezing every spare penny to invest even more when there's blood on the streets.

You don't have to time anything right or pick any winners with this strategy, because you'll invest all the way down and all the way back up. You might not have made money from Jan 1 2008 through Dec 31 2008, but that money would have made a killing subsequently.

Of course if you were out of work in 2008 that is easier said than done.

OTOH If you try to make a killing by shorting, there's an infinite number of ways to end up broke by getting the timing wrong. If you bet everything on picking bottom, you can miss the boat or miss the bottom. Not nearly as risky as shorting, but certainly not as reliable as staying the course.

Re: LinkedIn shares drop 40%, erasing $10B of company's value

#490

Post by grubles »

grubles wrote: post #413
jacquesm wrote: post #402

Earlier quoted context omitted.

Why? Bitcoin is at least as volatile as the most volatile stocks.

Should I have added some sort of sarcasm tag to my comment? It was a joke :).

It was a joke mostly because Bitcoin is legitimately innovative and Linkedin is yet-another-social-media-platform-except-for-Serious-Business. No one gripes about investing in stocks even though they (they being one of the biggest companies) can obviously tank 50% in one year. However, every post even remotely related to cryptocurrency will have, guaranteed, a comment or 10 about how "No one will ever invest in this because it is too volatile." It's just an observation of mine.
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