LNKD Now Below Break Price

Tyler Durden's picture

Well, that took all of 8 days. To all who bought the shares from the bankers and primary allocators who wasted exactly 10 milliseconds to flip this flaming dog turd to the greatest momo fools out there with an E-trade account and $10k in discretionary cash (now well less), our condolences.

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Mongo's picture

Dog turd is just the right word!

SparkyvonBellagio's picture

Going single digits when people wake up to the pooh bag they're all holding.

 

Set your buys at $8.19

Cover and go long there.

 

 

 

 

 

xisaab's picture

hey yo, don't yall hold that thing overnight!

MiguelitoRaton's picture

social flameout bitchez!

RobotTrader's picture

Looks like they flipped out of LNKD and are now HeatMapping AAPL, SNDK, KLAC, NVDA....

Man, the speculators never stop lusting for the same old 1999 "Superhookers".

Vivid memories of Fleck's "600% SOX Meltup" in a matter of months.

They keep dryhumping the same old babes over and over again.

fuu's picture

"They keep dryhumping the same old babes over and over again."

 

Your mom?

Robot Traders Mom's picture

The only thing uglier than me is Hamy Wanger's test tube...i mean mom.

SheepDog-One's picture

MomoFader is talking about how he dry humps his blowup doll.

Spastica Rex's picture

Vivid memories of mylackey.com.

AR15AU's picture

Funny... the market is in absolute bull-tard mode right now with REITs. Tech stocks just can't offer the beta that office buildings, strip malls, and hotels do.

jus_lite_reading's picture

I have been following this with vigor and found that this is DOGTURD and the banksters always win. Sorry suckers who bought the bait.... keep this ponzi stock market going....

HarryWanqer's picture

It will come back.

UGrev's picture

forget to login with your other id, dumb-ass? 

achmachat's picture

one is Harry, the other one is Hamy...

Spastica Rex's picture

And both of the are pathetic dopplegangers. Bring back the REAL HarryWanger.

redpill's picture

Haven't seen him since about gold $1450.

 

UGrev's picture

damn.. they got me.. dumbass on me this time..lol!

fuu's picture

He should start a TV show. he could call it Cracker and the Crack-head.

mayhem_korner's picture

LNKD or your test tube?  I hope like hell neither.

LNKD will see its June high in about 16 hours.

FreeNewEnergy's picture

$50 says this stock will be under 65 by the end of June.

Any takers?

<crickets>

I didn't think so.

ATG's picture

Yes.

LNKD IPO priced @ 45 and closed at 81.51 today

Hardly a rout below 84 "break price"

tickhound's picture

LNKD goin' to $20... It's only $5 to get these social sites off the ground.

tmosley's picture

Now that's funny right there, I don't care who you are!

lol

TruthInSunshine's picture

LNKD will be under $30 within a year, and there's actually every reason to believe it could be under $10.

When the markets crash, due to a systemic event or series of events that unwind the Fed and Treasury nectar that for now have catapulted the artifice that is our new Amerikan equity markets into insane territory, and despite the much hyped 'Bernanke Put' (that failed miserably before, in 2007, just as all 'Greenspan Puts' failed, ultimately) LNKD could be one of the old-school 'Winners of the New World,' and see single digits or even go to zed.

It's by its own admission, and at best, generating 15 million of net income a year, and that was without the crushing compliance/regulatory costs of being an equity traded on a public exchange, and it has gone so far to concede it will lose money for the foreseeable future now that it is being traded publicly.

When reality sets in, we will all look back in amazement that a company with these numbers could ever have achieved a market cap of 1 billion, let alone 10 billion, and that is assuming it's ever able to be profitable while it trades on a public exchange.

Preceding every major market top and subsequent crash in equity Ponzi history, there are always macro events that sound the alarm, and then there is that one, easy to identify fraud that becomes emblematic of the incredible irrationality of what was the entire farce du jour, which could be LNKD when the chapter is ultimately written (though, admittedly, there is a great deal of competition to choose from in seeking that symbol of epic and transitory stupidity).

Franken_Stein's picture

 

LinkedIn gone apeshit.

Bearish, bitchez.

 

RobotTrader's picture

Wow, economy is going down the tubes and there is a virtual panic to buy tech stocks into the bell.

Bears just chewed up and spit out yet again. How much punishment can one take?  Seems like everyone wants to believe in the fabled "v-shaped recovery" in the 2nd half which Lance Lewis and Fleck used to lament about back in the day.

SheepDog-One's picture

'Economy going down the tubes'? Not what you said a couple weeks ago RainbowTrader-  'The markets are not pricing in QE3, the markets are pricing in a robust consumer driven recovery'.

UGrev's picture

You should get your feet wet selling WoW gold... millions of chinese are doing it. 

Arius's picture

now it is time to load up on LKND...it will be the opportunity of a life time in a week...

achmachat's picture

because in a week everything will be different... sure.

fuu's picture

Who paid you to say that?

RobotTrader's picture

Killer day for the bulls.  Bears had their chance to snatch victory with a key outside day reversal but panic buying in chip stocks and banks saved the day.

SheepDog-One's picture

'Flaming dog turd'....LOL MomoFaders favorite thing next to dry humping his blowup doll.

Spastica Rex's picture

Artificial intelligence. You, that is. 

Spastica Rex's picture

Artificial intelligence. You, that is. 

Robot Traders Mom's picture

quit making shit up. you don't have a fucking clue what you are even talking about.

Careless Whisper's picture

that 3 month chart of JPM looks like its making lower highs and lower lows.  maybe it's time to bail while you got the chance.

TheSto's picture

How much would you like to bet this will also happen to Zynga?

Smiddywesson's picture

Yeah, you PM bitchez will be crying tears of silver when LNKD is $1600 a share and gold is $0.25 per ounce.  Social networking stocks for the win, weeeeee!

comfortablynumb's picture

Don't put it out with your boots Ted!

Libertarian777's picture

shouldn't i BTFD?

 

<sarc>