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LinkedOut - Social Media Superstar Enters Bear Market Overnight

Tyler Durden's picture




 

Well that escalated quickly...

 

 

Charts: Bloomberg

 

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Fri, 07/31/2015 - 11:09 | 6375467 Headbanger
Headbanger's picture

Just another CB radio fad.

Prolly only goof for getting laid with some MBA bimbos..

Fri, 07/31/2015 - 11:10 | 6375473 Waylon Bits
Waylon Bits's picture

CB radio is still here.. fonestar hangs out on 27.425 LSB and can be heard blabbing about nothing.

Fri, 07/31/2015 - 11:13 | 6375493 Headbanger
Headbanger's picture

A linear on it huh..

You should know cause you ARE fonerats!

Fri, 07/31/2015 - 11:15 | 6375499 Waylon Bits
Waylon Bits's picture

Do not junk teh we!

Fri, 07/31/2015 - 11:20 | 6375529 knukles
knukles's picture

What the fuck is Linkedin or whatever it is?  No, I don't even own a smart phone ....

Fri, 07/31/2015 - 11:29 | 6375573 LetThemEatRand
LetThemEatRand's picture

Linkedin is a useful device for identifying people you don't want to do business with because they use Linkedin.

Fri, 07/31/2015 - 11:49 | 6375650 max2205
max2205's picture

Rub some dirt on it 

Fri, 07/31/2015 - 12:20 | 6375803 KnuckleDragger-X
KnuckleDragger-X's picture

Knuckles, the smarter the phone, the dumber the person holding it and I'm amazed some of them can even walk upright nowadays......

Fri, 07/31/2015 - 13:00 | 6375952 BoPeople
BoPeople's picture

LinkedIn a website for insecure people who love being constantly bombarded with spam ... oh and it is also a web site for you to give your information to someone else free of charge so that they can sell it to anyone with a credit card without compensating you.

The fact that it was popped and then the pop was heavily sold AH is telling.

It looks as if the numbers were designed to give it a last ride and then they popped it and sold.

Fri, 07/31/2015 - 11:16 | 6375510 Waylon Bits
Waylon Bits's picture

What a dumb thing LNKD was... even fonestar got two job offers through that site!

Fri, 07/31/2015 - 11:17 | 6375521 NoDebt
NoDebt's picture

I don't believe you.

Fri, 07/31/2015 - 11:19 | 6375527 Waylon Bits
Waylon Bits's picture

It is true teh we does not lie about anything.

Fri, 07/31/2015 - 11:14 | 6375477 Dr. Engali
Dr. Engali's picture

The dude who bought at $263.50 is probably on the Yahoo chat boards right now screaming about how LNKD is a screaming by at these levels while at the same time silently praying that his wife doesn't find out he blew their savings. 

Fri, 07/31/2015 - 11:16 | 6375516 NoDebt
NoDebt's picture

Leave my wife out of this, please.

Fri, 07/31/2015 - 11:23 | 6375546 knukles
knukles's picture

Well, YTD, performance is about the same as spot gold, for a financial frame of reference.
And over 5 years, gold is down 25% while this mystery thing is up 135%.
For what that's worth.  So it buys more pork chops, still/yet/whatever

Fri, 07/31/2015 - 11:57 | 6375685 thamnosma
thamnosma's picture

You just highlighted the pure insanity in which we live.  Gold buys less than LinkedIn.  Plot that on a graph of human history.

Fri, 07/31/2015 - 11:11 | 6375481 RockRiver
RockRiver's picture

15 second chart....LOL!

Fri, 07/31/2015 - 11:20 | 6375511 Dr. Engali
Dr. Engali's picture

Normally I would agree , however it doesn't changed the fact that LNKD is in bear market territory.  A longer term chart still validates Tyler's point.

 

 

http://finance.yahoo.com/echarts?s=LNKD+Interactive#{"allowChartStacking":true}

Fri, 07/31/2015 - 11:26 | 6375560 RockRiver
RockRiver's picture

it is, I agree.

 

Looking at a daily bar chart shows a huge island reversal with a head and shoulders top in place. Pretty ugly looking chart.

 

But I do get a chuckle out of the propensity to show and draw conclusions out of ultra short term charts. Dangerous....

Fri, 07/31/2015 - 11:12 | 6375487 dcau1
dcau1's picture

All the new bar and restaurant staff not creating LinkedIn profiles?

Fri, 07/31/2015 - 11:12 | 6375488 ParkAveFlasher
ParkAveFlasher's picture

It's a glorified phone book for overpaid recruiters.

Fri, 07/31/2015 - 12:37 | 6375870 Amish FinEng
Amish FinEng's picture

Jacob was going to create a LI account. I said what the hell is wrong with you boy?! He said he wanted to showcase his skill set and his recent certification on cross-cultural sensitivity in the workplace.

Oh brother!

Fri, 07/31/2015 - 11:12 | 6375489 jmcwala
jmcwala's picture

Holy shite!

Fri, 07/31/2015 - 11:17 | 6375518 Z_End
Z_End's picture

Just wait until this happens to FB... lol

Fri, 07/31/2015 - 11:25 | 6375556 Anopheles
Anopheles's picture

I'm sure a lot of FB shareholders are holding their breath, crossing their fingers, and keeping their heads down hoping nobody notices them..... 

 

 

Fri, 07/31/2015 - 11:35 | 6375594 Bitcoin Meiser
Bitcoin Meiser's picture

FB is the only decent social media stock buy out there. Everything else is way overvalued.

 

Fri, 07/31/2015 - 11:20 | 6375534 dot_bust
dot_bust's picture

You know, I've seen this before...in the movie, Boiler Room.

"Seth Davis: [Narrating] Looking back the casino was the most legitimate business I had running, I looked my customers in the eye and I provided a service they wanted, now I don't even look my customers in the eye and I push them something they never asked for."

-- Boiler Room, the movie

Fri, 07/31/2015 - 11:31 | 6375581 NoDebt
NoDebt's picture

Loved that movie.  Could be the only good movie in existence with Vin Diesel in it.

Fri, 07/31/2015 - 11:58 | 6375694 thamnosma
thamnosma's picture

Find Me Guilty was okay.

Fri, 07/31/2015 - 13:19 | 6376034 nyse
nyse's picture

You, sir, have clearly never seen Chronicles of Riddick.

Fri, 07/31/2015 - 14:03 | 6376190 Pure Evil
Pure Evil's picture

Jesus, did we just graduate from High School?

Fri, 07/31/2015 - 11:23 | 6375545 eucalyptus
eucalyptus's picture

The Bloomberg headline just after earning broke was fucking hilarious - essentially written when it popped 10%. 

Fri, 07/31/2015 - 11:23 | 6375547 tarsubil
tarsubil's picture

They brought in 712 million? What are their revenue streams? I went to the website and it is a bunch of douches trying to pad their resume. I don't get it.

Fri, 07/31/2015 - 14:05 | 6376196 Pure Evil
Pure Evil's picture

I think you explained it succinctly with as few words as possible.

A place where Full Retards go to show off their liar skills.

Fri, 07/31/2015 - 11:27 | 6375567 Panic Mode
Panic Mode's picture

Endorse!!!

Fri, 07/31/2015 - 11:27 | 6375568 CHX
CHX's picture

Timbeeeeer.....    and popcorn.

Fri, 07/31/2015 - 11:32 | 6375586 silverer
silverer's picture

A few years  back, I opened an account, then after checking it out awhile, I lost interest.  But they wouldn't leave me alone.  No matter what , they keep sending me stuff. Harder to get rid of than Facebook.

Fri, 07/31/2015 - 11:52 | 6375665 Max Cynical
Max Cynical's picture
How to close and delete your LinkedIn account

 

http://thelinkedinman.com/2013/12/05/how-to-close-and-delete-your-linked...

Fri, 07/31/2015 - 12:00 | 6375701 thamnosma
thamnosma's picture

Thank you.  I will be doing that forthwith.  An utter waste of the email trash folder.  

Fri, 07/31/2015 - 12:15 | 6375774 Stroke
Stroke's picture

Thank You......I Just Closed My Account

Fri, 07/31/2015 - 14:08 | 6376206 Pure Evil
Pure Evil's picture

Yeah, but you'll continue to get emails from LinkedIn douche bag trolls trying to get you to link to their account, effectively dragging you back into the morass.

Fri, 07/31/2015 - 11:50 | 6375653 MSorciere
MSorciere's picture

Linkedin is one step above the Nigerian Spam con artist shilling for a dime - barely.

 

Not the place to meet or find people of quality.

Fri, 07/31/2015 - 12:33 | 6375851 MrSteve
MrSteve's picture

Metal coin value-wise "shilling for a dime" is a poor trade. A shilling was worth 19 US cents, so shilling for two dimes is about right.

You can link ^ up with the facts here:

https://books.google.com/books?id=4TXQAAAAMAAJ&pg=PA540&lpg=PA540&dq=sil...

Fri, 07/31/2015 - 11:58 | 6375691 homiegot
homiegot's picture

Well, when the idiot investor finally realizes there is NOTHING behind these 'companies' except hype...poof. This says more about the idiots investing in social media than anything about LinkedIn.

Fri, 07/31/2015 - 12:17 | 6375779 dontgoforit
dontgoforit's picture

ZH should go public!  Open at a million shares @ $20.  Just look at all the ads already.

Fri, 07/31/2015 - 14:10 | 6376218 Pure Evil
Pure Evil's picture

Instead of bitchin about free access, just ask them to dump the ads and make the site paid subscription.

Fri, 07/31/2015 - 12:14 | 6375766 Refuse-Resist
Refuse-Resist's picture

I got tired of the incessant spamming, and the 'Career-Book' aspect that IMO modeled Facebook's
"look at my new car", "look at my perfect family", "look at my awesome and incredible European vacation" type shit.

 

I realized taht I rarely interacted with any of my connections, that it had never helped me get a job, and just said "fuck it I'm linked out bitches" and deleted the account.

I added a long time ago when people told me it was good for networking and finding new job opportunities.

Maybe its my fault I didn't get anything but spam and 'look at me' type shit out of it.

Regardless, I'm Linked Out for good.

 

 

Fri, 07/31/2015 - 12:18 | 6375785 Rikeska
Rikeska's picture

Linkedin sucks donkey balls.

I get "invitations" from people I barely know, don't know, and the worst is those I know from different spheres of my life who suddenly invite me after I have a android phone conversation with them after not speaking with them for a while.

Hey did you send me a linkin invite?  No.

These fuckers use mined data from the other web whoremasters to link people.  Creepy MoFos.

Fri, 07/31/2015 - 12:22 | 6375812 Jack Daniels Esq
Jack Daniels Esq's picture

Always thought it was Lickmydick ... what a fucked name/service

Fri, 07/31/2015 - 12:26 | 6375827 I Write Code
I Write Code's picture

Still trading within Bollinger Band, no biggy.

Fri, 07/31/2015 - 12:30 | 6375842 Chuck Knoblauch
Chuck Knoblauch's picture

There are more recruiters on the site than anyone else.

Fri, 07/31/2015 - 13:00 | 6375957 Caveman93
Caveman93's picture

A social media has been. So, you Link In with others who pad their experience and are not currently working to network with them to apply for jobs that don't really exist and require a purple squirrel. It's like creating a social media site to discuss the buggy whip. There are no jobs to be had. NEXT!

Fri, 07/31/2015 - 13:32 | 6376077 Consuelo
Consuelo's picture

The basic premise of the 'social media' construct is that if you don't 'know' anybody, you are Nobody.   A new spin on an old axiom: 'There's security-in-numbers'...

Fri, 07/31/2015 - 13:40 | 6376099 Atomizer
Atomizer's picture

I need spam to buy new shares on stock.  

Fri, 07/31/2015 - 15:04 | 6376415 Sokhmate
Sokhmate's picture

I'm still waiting for Linkedin and FeceBook merger under the name FeceLinks.

Do NOT follow this link or you will be banned from the site!