• Joel M
    What in the world has gotten into LNKD this morning? I mean, short covering is one thing, but it has taken off like a rocket!
    5/22/12
    Reply (9)
    • Rupert Nicholson: It dropped because of facebook. Now people are buying back in
      5/22/12
    • Joel M: I guess I just don't get it; people question FB valuation compared to profits and revenues, and so people buy back into LNKD?
      5/22/12
    • mdesilvio: Likely taking buying back what they sold to buy into FB...virtuous cycle.
      5/22/12
    • Joel M: LNKD is nearly an order of magnitude worse in valuation in comparison to their profits and revenues!
      5/22/12
    • mdesilvio: Agreed, but it's the "whore" they know.
      5/22/12
    • Joel M: You're probably right mdes. If that's the case the jump should stop soon; because of losses it won't be able to fill the gap.
      5/22/12
    • Joel M: All the better. If it hits 108, I'll buy puts again.
      5/22/12
    • mdesilvio: I just missed buying calls yesterday at its low; now buying puts. boing...(fingers crossed)
      5/22/12
    • Joel M: I'm there with you; I'll let it retrace a little and then take my profit. Nothing big, but when it's this easy...why not?
      5/22/12