LNKD IPO opens huge at $83

#1

Post by j_b_f » Thu, May 19, 2011, 2:12 PM UTC

LNKD IPO opens huge at $83
google.com

Re: LNKD IPO opens huge at $83

#2

Post by suking » Thu, May 19, 2011, 2:21 PM UTC

Almost $100/user, not even including active users... that is insanity.

Re: LNKD IPO opens huge at $83

#3

Post by yoseph » Thu, May 19, 2011, 2:26 PM UTC

Round again we go...

It's so disappointing to watch...

But it's not a bubble if we're able to tell it's a bubble, right?

Re: LNKD IPO opens huge at $83

#4

Post by DocSavage » Thu, May 19, 2011, 2:27 PM UTC

suking wrote: post #2

Almost $100/user, not even including active users... that is insanity.

At times like this I'm tempted to short the stock, or at least wait a month or longer until there's sufficient shares to short and not immediately get squeezed. It's just that unlimited downside, investor euphoria on social networking, and volatility makes me too nervous to do it.

Re: LNKD IPO opens huge at $83

#5

Post by blantonl » Thu, May 19, 2011, 2:29 PM UTC

LinkedIn made $15 million dollars last year, and they just raised $660 million dollars out of the gate in this IPO. And, this IPO values LinkedIn at somewhere close to 6.5 billion dollars.

A valuation of 6.5 billion dollars on $15 million net income. Let that sink in.

Re: LNKD IPO opens huge at $83

#6

Post by wladimir » Thu, May 19, 2011, 2:29 PM UTC

DocSavage wrote: post #4

suking wrote: post #2

Almost $100/user, not even including active users... that is insanity.

At times like this I'm tempted to short the stock, or at least wait a month or longer until there's sufficient shares to short and not immediately get squeezed. It's just that unlimited downside, investor euphoria on social networking, and volatility makes me too nervous to do it.

If the unlimited downside scares you, why not buy put options?

Re: LNKD IPO opens huge at $83

#7

Post by ericwaller » Thu, May 19, 2011, 2:32 PM UTC

suking wrote: post #2

Almost $100/user, not even including active users... that is insanity.

The current valuation is ~$8.5 billion, wikipedia puts them at ~100 million users. That works out to be ~$85/user.

Re: LNKD IPO opens huge at $83

#8

Post by chopsueyar » Thu, May 19, 2011, 2:33 PM UTC

wladimir wrote: post #6

DocSavage wrote: post #4

Earlier quoted context omitted.

At times like this I'm tempted to short the stock, or at least wait a month or longer until there's sufficient shares to short and not immediately get squeezed. It's just that unlimited downside, investor euphoria on social networking, and volatility makes me too nervous to do it.

If the unlimited downside scares you, why not buy put options?

Any recommendations for an options provider?

Re: LNKD IPO opens huge at $83

#9

Post by chopsueyar » Thu, May 19, 2011, 2:37 PM UTC

Listed at $45 initially.

There will be less Aeron chairs this time.

Re: LNKD IPO opens huge at $83

#10

Post by [deleted] » Thu, May 19, 2011, 2:38 PM UTC

blantonl wrote: post #5

LinkedIn made $15 million dollars last year, and they just raised $660 million dollars out of the gate in this IPO. And, this IPO values LinkedIn at somewhere close to 6.5 billion dollars. A valuation of 6.5 billion dollars on $15 million net income. Let that sink in.

[deleted]