can someone explain this to me or give an opinion?? ITS on lnkd before the earnings on thursday
WHAT'S EXPECTED: Analysts are forecasting earnings of 19 cents per share on revenue of $280 million, according to FactSet. The earnings forecast doesn't include the company's expenses for employee stock compensation
THe last statement, DOES The earnings effect by all the insiders sales done last three months?
I think LNKD is more manipulated than AMZN is. There's no point in guessing what the stock price will do based on fundamentals, and insiders' trading activity is a poor indication of what the stock will do in the near future.
Somewhere between $95 and $135 after the earnings. That's my guess.
Remember, in the new normal of investing, one wants losses not profits. Those get taxed and effective rates will be heading up. Never mind the fact that effective tax rates will continue to increase into the future. In reality, inflation + increasing effective taxes should lead to multiple compression. But, we cannot be constrained to reality until every short is killed. Of course, by that point we will have already crossed the event horizon and it won't matter anymore...