I didn't see any new news...Anyone???
Limited float, lots of shares shorted, positive futures, automated trading systems buy to cover (plus potentially buy) and sell, plus sell short later in the day.
It goes up 3% everyday that no competitors announce they will enter LNKD's space.
The ONLY possible explanation is the MM has excess inventory and needs to sell it at a profit.Since this a crooked and controlled market he gaps the price up and then sells at the higher prce.Here is the problem. No One is buying because no one believes the sell-side criminals and knows LNKD is not worthe current price, so the higher he raises the price, the more inventory he will have.
Nope. Fast Money is squeezing people making the right investment / paired trade by selling FB and buying LNKD. If you are patient and do not vommit too much, you'll make a killing...
buy more..LNKD to 120.
I think the MM is trying to do a last push before the market crash. This stock will be in the 20s in no time. Just sit tight and enjoy the waterfall.