LNKD issued 7 mil shares today. just after IPO'ing recently and was up 4$, so all this talk about issueing shares can be dismissed by the market. The higher lows for FIO and Higher highs with volumn looks good for the case of FIO.
This market itself is totally insane. FIO is basically in a lousy environment. The good thing is it did not fall to 37 level again like yesterday. This market is manipulated by big institutions and so called high-frequency traders (they use computer programs to trade instead their head). I do not think the company itself has the ability to make all the up and downs.
And recently I heard a lot good news about FIO. If in an OK environment, this thing should be traded close to 50 by now. However, in an environment like this, I will not touch this stock.