Check out the AH action. Could this be an early effect of the Tuesday share offering? I am blown away by the 15 point rise in this stock over 2 days. Completely contrary to what should normally happen. Just hope I can get some of those $223 shares Tuesday!
Actually, shorts built up LNKD. smart investors will not long but shorts. when its up they have to cover. Yhoo goes from $500 to $1000 just one day in 1999! right now yhoo just fraction of 1000, Do you really want long lnkd today? However short at wrong time could be a deadly mistake.
Cant think of anything. Greater fool syndrom, people hoping they will be able to sell in time when collapse happen. One day, this may open 50% down , stop loos will kick in at -50%. It will be bad.
Unfortunately we dont know when :(