LNKD Bubble Update: $100 Passed... Make That $107.... $108...$110....$115...$117...$122...$115...$112

Tyler Durden's picture

It seems investors are doing their best to recreate the entire 1998-2000 bubble in the span of one trading day. After opening at $83, LNKD has just passed $100. The question is will the bubble pop today or take a few more trading days? And yes, at current count the P/E is over  1,200x.

11:40 EDT: The stock just moved from $100 to $107......

11:43 EDT: $108....

11:45 EDT: $110...

11:46 EDT: $115

11:47 EDT: $118

11:48 EDT: $122

11:49 EDT: $113


Melt Up:

Then down


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FOC 1183's picture

Very, very fucked up

HoofHearted's picture

Yes it is. I expect the CME to raise margins on silver because of this at any second now...

FOC 1183's picture

Yes.  The last time they raised margins was in response to pimpco's meltdown (arguably a better business model?)  http://i.imgur.com/iEpgb.png

Cleanclog's picture

Kaminsky just said this LinkedIn craze is linked in to Bernanke's easy money.  Doesn't inspire confidence in market for normal retail investor.  Another reason for them to "leave", as they were those buying over $110.

Careless Whisper's picture

The brainiacs at Goldman sold all their shares at the $45 IPO price.

That means they left a "hundy" on the table.



TruthInSunshine's picture

Even Goldman underestimated the lunacy of the masses trading on margin just to buy margarine.

TheTmfreak's picture

You're right. After all anything doing well probably means that silver is in a bubble.

Xibalba's picture

free and efficient markets

Gubbmint Cheese's picture

clearly the syndicate didn't price the business properly.....





CPL's picture




theotheri's picture

Yahoo appears to have $1.2B in Net Income in 2010 and $15B in Book Value.

LinkedIn has........?

TruthInSunshine's picture

2.3 to 15 million in net revenue (depending on the source), admits it will lose money next year, and is faced with compliance/regulatory costs that will kill its revenue now that it's publicly traded, and a now current market cap of about 10 billion (it may end up at about 30% to 40% just by the end of TODAY - oh, think of 6 months from now, Gladiator!).

And it will officially mark the top before the fall.

I'm luvin' it. 2011 is shaping up to be too easy. 2012 will be a blast.

I will have internal joy everytime I hear someone claim Bernanke won't let the markets fall, just as I did in 2007 and 2008.

The Axe's picture

bot 100 at 84..for kicks...ha sold it at 104....ha ha wasn't this shit over..when they nail First Boston?

SloMoe's picture

Wow. And to think, I de-LinkedIn myself some months ago. Just like I defriended myself from Facebook...

jomama's picture

i was recruited into my new position through simply having all my experience listed on Linkedin.  pretty cushy gig comapred to my last one, too.

retarded?  rofl. hardly.

TheTmfreak's picture

Sometimes it pays off. The rest of the time, you leave yourself up to get side swiped.

dracos_ghost's picture

Yeah right. And you and Robo only make positive trades too.

You didn't have to interview huh. Just your CV. Wow, can you share the company you work for now so we all can benefit.

Linked In is more for poachers trying to steal other people and companies contact networks than anything else.

Whatever you want to believe this IPO price is BS. Explain the business model.

TheTmfreak's picture

With the combination of facebook and linkedin you can compile way way too much information about a person. And that is just easy information gathering.  From there you can easily collect additional information thinking out of the box a little bit.

John Law Lives's picture

Both.  I once knew a dumb gal that posted photos of herself at the beach, her cell phone number, her home phone number, her personal/business e-mail, and the physical address of her home all on Facebook.  She was a 100% ditz.  People are being foolish by posting so much personal info. on a social website.  Bad idea.

Strider52's picture

"I once knew a dumb gal". That's the beginning of every bar story ever told.  

theotheri's picture

If you have nothing to hide you hide nothing.

TheTmfreak's picture

I just recently did the same. While I "like" facebook (or what it used to be) its way way too over the top "social" and viewing my personal life now for me to keep it.

I removed my LinkedIn account for a multitude of reasons.

Cleanclog's picture

I have had a linkedIn account with very little on it for about 4 years, and nothing added since then.Occasionally a friend finds me and "invites" me to connect to their network in LinkedIn.  I haven't in at least a year.  The past 3 weeks, I suppose in anticipation of this IPO, I received email "reminders" that invitations were pending from LinkedIn almost every day.  Certainly were trying to create a swell.  Nothing wrong with that, but very different traffic in recent weeks.

BTW - I do Facebook, and like it mainly for checking out what my friends are up to.  Pretty passive about it.  On the other hand, I am a twitter fiend.  Watching many times a day and probably tweeting, on average, twice a day.

Chippewa Partners's picture

Now I can fill up my 2 gas guzzlers with some Linked-In share certificates....

Robslob's picture

Investors love high prices...I mean bots...

hawks5999's picture

LinkedIn just joined the NYSE social network.

It's like joining any social network. The first thing you do is send out 100 invites and everyone connects (oh hey, you are on here now, great!).

I'm sure they'll be too chatty like everyone else and end up blocked (shorted) by half their friends within 2 weeks.

Jack Mehoff's picture

Get in while you can, this is the next AMZN and GOOG combined.

TheTmfreak's picture

Ha yeah ok, hopefully that was sarcasm.

Whatta's picture

Jack was da one that bought at 122.6991 per share!!!

TheTmfreak's picture

Thats what the pros do. Buy at the top, sell at the bottom.


Cpl Hicks's picture

You're just a cheap ass cheerleader....

John Law Lives's picture

Wouldn't it be funny of the market put the circuit breakers on the intraday FALL of LNKD shares after ignoring the intraday SPIKE in LNKD.

Ponzi FUBAR market.


buzzsaw99's picture

That won't happen until after Calpers buys them all.

BORT's picture

And.... Scene

cougar_w's picture

What. AAPL isn't doing it for them any more?

LNKD provides a nice service. Not worth much tho. This is a joke.

RobotTrader's picture

Absolutely hilarous.

I warned you guys that Bernanke was a genius.

The only one in world history that can re-incarnate the same NASDAQ bubble 3 times!!!

Heh, the LNKD ramp is even more spectacular that Capital One's hockey stick run from $36 to $56 in 6 months.

Robslob's picture

Robo...please provide a "real" picture...I just can't take not knowing...

Robot Traders Mom's picture

I thought I locked you in your room without the computer or your policeman blow-up doll!

Arius's picture

Great Call!

it looks like you got quite a crowd following you among HFT...

any tips on Le Douleur?


dracos_ghost's picture

Or AIGs move from 62.50 to 30 in 4 months. Oops nevermind.