You genius of a bozo. Google can't wait to kick Lnkd off the mountain view site, where lnkd's employees steal from Google's cafetarias by tailgating.
Just like Enron, WorldComm.
Over a $1 Billion to acquire Lynda that returned $40 Mil in revenue last quarter. Brilliant.
So it goes like this, Ernst Young gives them $200 Million deal, and they give Ernst Young $200 Mil deal.
No money change hands... but revenue grows. Understand ?
Company making billions of profit every qtr is Bad !.
Company that has never made a dime in Net profit after 5 years of IPO and
losing money hand over fists is good.
LinkedIN up over 60% since low of Aug. 2015 .
Company making billions of profit is Bad.
Company in her 5th year of IPO and still losing money hands over fists is good.
FB has over a Billion users and LinkedIN generates 5 Billion Spams in a week.
5 years after IPO , it's still profitless.
The only public company to use a debt offering to manipulate/hedge her
own stock price.
How long did it take NFLX, FB to deliver Net profit ?
You mean they are sweeping bogus accounting under the acquisition's goodwill writeoffs ?
They're infinitely better at fudging the numbers. Just ask Jim Cramer.
How is it a strong growth company is still showing no NET profit after 5 years removed from IPO ?
How long did it take FaceBook ? Netflix ?
5 years after IPO, Company is losing money because of creative accounting according to Jim Cramer.
Imagine 3 million members signed up for free month membership and gets booked as revenue, and backed
out as expense as well. Net net, no money changed hands, but showed bogus growth with No profit.
$2 Billion in NET profit coming for LNKD, in 2025 .
Remember , both CEO Weiner and CFO Sordello are masters of creative accounting.
They booked millions in revenue from cheating their employees out of OT pay, until
they were busted by Justice/Labor department.
You are only worth 30 cents to LNKD.
They settled for $13 Million for spamming users address book, over 300 Million membership for $13 Million.
Did LNKD's CEO/CFO knowingly signed off on bogus company's 10K/10Q when they knowingly defrauded employees of millions in OT pay just so the company could post better EBITDA numbers ?
Then there those bogus emails to join LNKD from buddies when it was LNKD raiding the address book to send
out the bogus emails. $13 Million settlement, that makes each LNKD member worth 30 cents. But Wall st. is valuing LNKD how much ?
Did Cramer say he does NOT understand LNKD's accounting and to stay away from LNKD stock ?
How long did it take FB or GOOG to be profitable ?
FB was immensely profitable in year 2 of IPO, GOOG was profitable before IPO.
LNKD is still profitless after 5 years removed from IPO.
How many times has LNKD rebooted their Mobile app ?
Cramer said it best, Stay Away from this SCAM stock.