Seeking Alpha

Recent Internet IPOs are staging a big rally. FB +4.6%. ZNGA +5%. GRPN +7.4%. LNKD +3.8%. YELP...

Recent Internet IPOs are staging a big rally. FB +4.6%. ZNGA +5%. GRPN +7.4%. LNKD +3.8%. YELP +5.4%. A positive Raymond James report on Facebook's ad efforts could be helping, but it looks like short-covering is a major factor.
Comments (1)
  • belparis
    , contributor
    Comment (1) | Send Message
     
    LNKD is too high. Look at its p/e
    Time to take the profit ?
    18 Sep 2012, 10:55 PM Reply Like
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