Seeking Alpha
  • Chris Moreno, CFA
    In case you missed it, FB is launching a jobs board a clear negative for LNKD - http://bit.ly/NiNYrO
    7/9/12
    Reply (8)
    • J Mintzmyer: I've been waiting for this! Hopefully coupled with Twitter break-up LNKD will come crashing down!
      7/9/12
    • Chris Moreno, CFA: I've been wrong (or at least too early) on this name for awhile, this may be the crack in the growth story needed to make the short work.
      7/9/12
    • J Mintzmyer: Hopefully, I feel that my $80 Jul puts will still expire worthless...
      7/9/12
    • Chris Moreno, CFA: Yeah that's tough, they'll expire before earnings which means you need another catalyst to really drive the stock down before expiry.
      7/9/12
    • J Mintzmyer: I'll likely just stay with the net short position, maybe a few lottery ticket 1w otm puts on earnings.
      7/9/12
    • Chris Lau: I can't see this working for FB - they are looking to monetize anything at all and competitors will get hurt (LNKD) as a result
      7/9/12
    • Chris Moreno, CFA: I think this is a lot like when google moves into a new space, it hurts competitors but doesn't necessarily add to GOOG's bottom line
      7/9/12
    • J Mintzmyer: Agreed. I'm greedy though. I want LNKD to fail! Fundamentals will eventually show. I waited for AMZN/AAPL to crush NFLX, but it worked out.
      7/10/12
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