FortSumter LNKD Shorted @$99. Probably the lod but not tomorrow after earnings. How can they report anything to justify a 600PE and 12PEG?
8/1/12
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OneLongTrade: AMZN sure did. If LNKD reports margins are increasing, it'll rally hard for sure!
8/1/12
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FortSumter: Now Motley Fool is pumping it. That should confirm a miss. haha. Thanks for the input though.
8/1/12
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Joel M: Be careful FS; already detached from reality with regards to valuation. They don't need to justify valuation, they need to justify growth
8/1/12
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Joel M: premium. As long as growth rates are still up there, it'll hold.
8/1/12
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Jack Wildcat: Anybody who would buy this stock at this valuation is a rookie. I have a linkedin account and it is useless. SHORT @ $102 through earnings.
8/1/12
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Joel M: Jack, totally agree. I just intended to point out to my friend that we've already seen this thing hold a ridiculous price for a couple of
8/1/12
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Joel M: earnings calls now, and it has always been justified on growth metrics, never ever on valuation metrics. So growth metrics are the numbers